Hang Seng Composite Index 30 Year Historical Chart

The trade is likely to remain volatile, but the index may reclaim its crucial psychological level of 8250. The 50-share Nifty index is expected to open higher on Tuesday following positive trend seen in SGX Nifty. Not just financials, even technology sector is over-represented in several leading indices. The change announced by the Hang Seng Indexes Company on Friday was made possible after the 50-year-old benchmark’s publisher changed the rules on shareholder structure and secondary listings in May. By the midday break, the Hang Seng Index was down 1.9 per cent at 27,954.52, the lowest since Jan. 12, while Chinese H-shares listed in Hong Kong fell 2.18 per cent to 10,868.77.

Tracking the momentum, the index is expected to reclaim its crucial psychological level of 8150 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7900 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological support level of 7850 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7,800 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 7900 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,450 in trade today.

Asian stocks surge, Nikkei boosted by Warren Buffett bets

By Ambar Warrick Investing.com– Most Asian stock markets retreated on Thursday, tracking overnight losses on Wall Street as growing concerns over a U.S. recession largely… The S&P 500 Index (Standard & Poor’s 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S. Japan’s stock exchange is the largest equity market in Asia, and second place belongs to the Shanghai Stock Exchange in mainland China. The Honk Kong Exchange comes in third, followed by China’s Shenzen Exchange. Sign up for TradingHours.com’s Weekly Digest – a comprehensive summary of upcoming holidays impacting financial markets this week – delivered straight to your inbox every Monday at 6am ET.

The decision is another setback for Beijing-based Xiaomi to attract local investors. A raft of manufacturing data in emerging Asia this week pointed to a slower pace of economic recovery. The result of the first review will be released after the market close in Hong Kong today. The Shanghai Composite Index gained 0.89 percent, or 29.60 points, to 3,349.75, while the Shenzhen Composite Index on China’s second exchange put on 1.32 percent, or 28.66 points, to 2,192.67.

Lipper shall not be liable for any errors or delays in the Hangsang stock market, or for any actions taken in reliance thereon. Ii) A company will be classified into different sectors according to its majority source of sales revenue. The Asia/Hong_Kong timezone does not observe Daylight Saving Time. Each segment may have a different trading calendar and hours of operation. Additionally within a single segment MIC there can be different trading schedules for certain products, securities, or asset types.

Major Stock Indexes

Below you will find an interactive chart of the Hang Seng Index. Asian markets were gaining ground on Wednesday as the risk appetite of global investors rises heading into year-end, despite the surging number of Omicron variant cases around the world. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.6%, after U.S. stocks ended the previous session with gains. Asian share markets rose on Wednesday on a rebound in battered Chinese stocks and ahead of a closely watched meeting of the U.S.

Tracking the momentum, the Nifty index is expected to retest its crucial support level of 8,420 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,150 levels. S&P 500 futures fell 1.2% and Nasdaq 100 futures fell 1.4%. FTSE futures, DAX futures and EuroSTOXX 50 futures all fell by just over 1%. The U.S. dollar rose to a seven-week high against the yen.

The KraneShares Hong Kong Tech ETF tracks 30 high-tech stocks in the Hang Seng Composite. The index uses a free-float market capitalization weighting scheme with a 10% cap on any one component’s index weight. Market Cap is based on data from the World Federation of Exchanges and was last updated on Sunday, April 2, 2023. This means it is a parent entity that operates one or more subsidiary markets or trading platforms, which are called “Segment MICs.” Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.

Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,250 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8350 in trade today. Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8,200 in trade today.

Because of the size of many of these companies’ market capitalizations, any moves after earnings will likely impact the entire market. Singapore, Malaysia and India’s markets are closed for a holiday Monday. Later this week, the Bank of Japan will meet, while Singapore and Australia are expected to release inflation data. By Ambar Warrick Investing.com — Most Asian stock markets moved in a flat-to-low range on Thursday as markets weighed the prospect of a less hawkish Federal Reserve against increased… By Ambar Warrick Investing.com — Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings,…

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The first rate cut in more than two years reflects a change of course for Beijing and the central bank, which had persisted with modest stimulus measures. Tracking the momentum, the index is expected to reclaim 8500 and head higher to touch its fresh record highs. Asian took a breather Tuesday, with MSCI Asia Pacific Index coming off from a 2-month high. Net profit jumped by 53% to a record $395 million in the October-December quarter. That beat an average estimate of $293.7 million from eight analysts, according to Refinitiv data. The Shanghai Composite Index fell as much as 2% before ending the day down 0.6%, its lowest close since March 10.

The index targets 60 stocks, but the exact number of constituents can vary slightly at any given time. As of April 2022, there were, in fact, 66 stocks in the index. All holiday data is collected exclusively from primary sources. We continually monitory the market for changes to ensure the highest level of accuracy. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

Early Morning Call: watching Next shares on FTSE 100 amid better-than-expected profits

Interactive daily chart of the Hong Kong Hang Seng Composite stock market index back to 1986. Each data point represents the closing value for that trading day and is denominated in hong kong dollars . The current price is updated on an hourly basis with today’s latest value. The current price of the Hang Seng Composite Index as of April 14, 2023 is 20,438.81. The representativeness of the HSI can be studied by the turnover of the whole stock market and by how much its market capitalisation covers. The aggregate market value of the HSI constituent stocks is maintained at approximately 60% of the total market value.

On Monday morning in Asia, the yen briefly popped to 145-levels. “Since the meeting is mostly about personnel changes, the economic recovery might not come as soon as we have hoped,” Tai told CNBC in an email. Tai Hui, JPMorgan Asset Management’s APAC chief market strategist, said a combination of factors has been driving the Hong Kong market recently, including higher U.S. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper.

Two large Chinese companies, China Unicom Hong Kong Ltd. and China Mobile Ltd are dominating the sector. Information Technology – This is another sector that has emerged on the index since the handover in 1997. This sector is made up of two gigantic Chinese companies that combine to make this sector 7% of the overall index. Properties and Construction – This sector has been more volatile. At the time of the handover, this sector accounted for 27% of the index.

Hong Kong HS50 news and strategies from IG

As of 2021, it was tied for the most weight on the index at 20%. Prior to Hong Kong’s handover to mainland China from the British, the index featured very few mainland Chinese companies. However, since 1997, Hong Kong is a “special administrative region” of China. In this article, we’ll take a closer look at the Hang Seng Index with particular emphasis on how the index has evolved as mainland Chinese companies have become a major part of the index. China shares were mixed at the open, with the Shanghai Composite Index up 0.1% while Hong Kong’s Hang Seng Index lost 0.02%.

Build the strongest argument relying on authoritative https://forex-world.net/, attorney-editor expertise, and industry defining technology. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. The percentage of IG client accounts with positions in this market that are currently long or short.

Keep up-to-date with operational status of our key platforms in Hong Kong, and find quick links to HKEX’s market trading hours and trading calendar. HKEXnews View the latest announcements, disclosure and information on our listed companies. American investors cannot invest directly in any of the many Hang Seng index funds but can find some U.S. Conglomerates – Along with industrials and telecommunications this is the smallest of all the sectors carrying just 4% of the index’s weighting. Telecommunications – This is another sector that had diminished in its influence on the sector. In 1999, the sector’s weighting was up to 26% but it has dropped to approximately 4%.

HSI:INDHang Seng Index

This coverage ratio compares favorably with major overseas stock indices. By Ambar Warrick Investing.com — Most Asian stock markets traded in a flat-to-low range on Wednesday amid growing caution ahead of key U.S. inflation data, with Hong Kong’s Hang Seng… TradingHours.com is trusted by world-leading financial institutions, investors, hedge funds, and fintech companies. All of our data is rigorously researched and verified by our team. We have full coverage of over 964 unique markets and trading venues including global equity markets, bonds, forex, and derivative markets including CME, CBOE, COMEX, ICE, NYMEX, EUREX, and more.

The blue-chip CSI300 index clawed back from losses to end up 0.2%, but was still down about 6.5% for the week. The nearly $1 trillion selloff ignited by Beijing’s shock ban on profits at tutoring companies has triggered a new round of soul searching about the investment case for Chinese assets in the Xi Jinping era. American depositary receipts for tech giants have racked up losses with Tencent Holdings Ltd., Alibaba Group Holding Ltd., and Nio Inc., erasing more than 9% each this week. The declines have sent the Nasdaq Golden Dragon China Index to lose nearly 8% of its value, wrapping up two months of declines. MSCI’s gauge of Asia Pacific stocks outside Japan slipped 0.25%, while Japan’s Nikkei 225 fell more than 0.3% in the morning session. China Evergrande Group plunged nearly 12% to its lowest in more than six years, after it warned of a risk of cross-default as real estate sales continued to plunge.

• The Hang Seng Index or HSI is a free-float market capitalization-weighted index of the sixty largest companies that trade on the Hong Kong Exchange .
• Tai Hui, JPMorgan Asset Management’s APAC chief market strategist, said a combination of factors has been driving the Hong Kong market recently, including higher U.S.
• News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
• The latest bout of selling this week, meanwhile, took place during the Chinese Communist Party’s 20th National Congress.

It is tough to determine the bottom for this ETF as it lacks historical trend to back up. NCDs are loan-linked securities issued by a company and cannot be converted into stocks and usually carry a higher interest rate than a convertible debenture. Tracking the momentum, the index is expected to reclaim its crucial psychological support level of 7,950. “Trend in investment activity of FIIs and movement in global markets will determine the near term trend on the domestic bourses.” Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,600 levels.

In 2018, the Hang Seng Index plummeted due to investor concern over the slow pace of trade talks between the two countries. Also, in 2021 the Hang Seng index temporarily delisted two telecom stocks due to perceived links with the Chinese military. Bottom fishing HSTECHIt is tough to determine the bottom for this ETF as it lacks historical trend to back up. Using the heaviest weightage component of this ETF to benchmark , Tencent appears to have reach a double bottom. Of course, we won’t know how long this bottoming process will last, weeks, months or years…..