Hong Kong shares crawled back today as investors reacted to China’s reassurance on Hong Kong. The blue-chip Hang Seng index is up by more than 2 per cent after having the worst two days since 2015. All companies in the index were in the green today.
On this page, you will find news and analysis of the Hang Seng Index. You will also find a live and advanced technical analysis chart.
What is the Hang Seng Index?
The Hang Seng Index is the main stock market index of the Stock Exchange of Hong Kong. Hang Seng is one of the best-known indices in Asia and widely used by fund managers as their performance benchmark. Hang Seng Index is a free-float-adjusted market capitalization and weighted stock market index in the Hong Kong stock exchange. That means that the influence of each constituent stock on the index’s performance is directly proportional to its relative market value. Higher market cap stocks will have a greater impact on the Hang Seng index’s performance than those with lower market capitalization. The index is used to record and monitor daily changes of the largest companies by the capitalization of the Hong Kong stock exchange and is the primary benchmark of the overall market performance in Hong Kong.
Hang Seng trading hours
The Hang Seng trading hours are Monday through Friday:
- 9:00 AM – 9:30 AM — Opening Session
- 9:30 AM – 12:00 PM — Morning Trading Session
- 12:00 PM – 1:00 PM — Lunch
- 1:00 PM – 4:00 PM — Afternoon Trading Session
- 4:00 PM – 4:10 PM — Extended Hours
Hang Seng Index started from the 100 points on July 31, 1964. Hang Seng Index hit an all-time high, on January 26, 2018, at 33,223.58 points at closing.
The 50 companies in the index represent about 58% of the capitalization of the Hong Kong Stock Exchange. Some of the constituents of the index are HSBC HOLDINGS, HANG SENG BANK, BANK OF CHINA, HK & CHINA GAS, CHINA OVERSEAS, SINOPEC CORP, PetroChina, SINO BIO PHARM, etc.
The Hang Seng was the worst-performing major index in Asia-Pacific today. The index declined by almost one per cent while the Shanghai composite declined by 0.17%. The Nikkei 225, ASX, and KOSPI rose by 1.50%, 1.80%, and 0.82% respectively.
Hong Kong stocks declined today as the market reacted to a gloom message by the Secretary for Commerce and Economic Development. The hang Seng index declined by more than 1.60%. Hong Kong minister warns on economy In an interview with the South China Morning Post (SCMP), Edward Yau Tang-wah warned...
Hong Kong stocks declined today as the market grew concerned about the new wave of coronavirus pandemic in China, Germany, and South Korea. The Hang Seng index declined by almost 2 per cent, becoming the worst-performing index in the region. The Shanghai, Nikkei, and A50 dropped by 0.60%, 0.20%, and 0.40% respectively.
The Nikkei 225, Hang Seng, and ASX, are performing well in today's trading on news that the US and China are still in good terms after reports surfaced that tensions are rising between the two countries.