Hang Seng Index News Today, Market Outlook -InvestingCube

Hang Seng

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.

Here’s why the Hang Seng just passed key resistance level

Indices

·Jun 09, 2020, 07:05 BST

The Hang Seng index was among the best-performing indices in Asia today. The index, which is in its seventh day...

Hang Seng turns lower as Hong Kong economy eyes a reboot

Indices

·Jun 08, 2020, 07:08 BST

The Hang Seng index declined by more than 30 basis points becoming the only laggard in Asia. Other indices, including...

Hang Seng index sparks higher as AIA share price leads

Indices

·Jun 03, 2020, 07:25 BST

The Hang Seng index rose by more than 1.31%, continuing a rally that started on Monday. It is now the best-performing index in the region after KOSPI and ASX 200, which rose by more than 3% and 1.75% respectively. The index is now trading at $24,300, which is the highest it has been in almost two weeks.

Hang Seng two-day rally accelerates; here’s the next point to watch

Indices

·Jun 02, 2020, 07:34 BST

The Hang Seng index rallied for the second straight day as Hong Kong leader, Carrie Lam, drew parallels of the ongoing protests. The index is up by 70 basis points to $23,904, which is the highest it has been in almost 2 weeks.

Hang Seng Index Recovers, But More Trouble Could Lie Ahead

Indices

·Jun 01, 2020, 08:43 BST

The Hang Seng index, Hong Kong’s stock exchange, rebounded sharply on Monday after less than weighty measures announced by US...

This is why Hang Seng unhinged meltdown accelerated today

Indices

·May 29, 2020, 07:32 BST

The Hang Seng index declined by more than 0.70% as investors waited for a statement from the United States. The index was also pulled down by Geely Automobile, the automobile group. The index is trading at $23,000, which is slightly below the week’s high of $23,500.

Hang Seng smacks lower as China lashes out at Pompeo on Hong Kong

Indices

·May 28, 2020, 06:28 BST

Hong Kong shares declined as investors reacted to the developing conflict between the US and China. Virtually all shares in...

Hang Seng slides as Chinese rush to buy cheap Hong Kong stocks amid crisis

Indices

·May 27, 2020, 07:07 BST

Hong Kong stocks pared yesterday’s gains as investors continued to watch the proceedings in parliament. At the same time, mainland investors are snapping cheap stocks in the Hang Seng at an unprecedented pace, according to Bloomberg. The index is trading at $23,183, down by about 0.90%.

Hang Seng crawls back as fears of Hong Kong property bubble rise

Indices

·May 26, 2020, 07:29 BST

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.

Hang Seng: Hong Kong stocks unhinged sell-off continues as protests rise

Indices

·May 25, 2020, 07:17 BST

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.