Hang Seng Index - HSI

A market capitalization-weighted index of 40 of the largest companies that trade on the Hong Kong Exchange. The Hang Seng Index is maintained by a subsidiary of Hang Seng Bank, and has been published since 1969. The index aims to capture the leadership of the Hong Kong exchange, and covers approximately 65% of its total market capitalization. The Hang Seng members are also classified into one of four sub-indexes based on the main lines of business including commerce and industry, finance, utilities and properties.

The Hang Seng is the most widely quoted barometer for the Hong Kong economy. Because of Hong Kong's status as a special administrative region of China, there are close ties between the two economies and many Chinese companies listed on the Hong Kong Exchange.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Hang Seng index — /hang seng inˈdeks/ noun The indicator of relative prices of stocks and shares on the Hong Kong Stock Exchange * * * the Hang Seng Index 7 [Hang Seng Index] [ˌhæŋ ˈseŋ ɪndeks] [ˌhæŋ ˈseŋ ɪndeks] noun a figure that shows the relative price of… …   Useful english dictionary

  • Hang Seng index — The major index in Hong Kong. Bloomberg Financial Dictionary * * * Hang Seng Index Hang Seng Index [ˌhæŋ ˈseŋ ˌɪndeks] also Hang Seng ➔ index1 …   Financial and business terms

  • Hang Seng Index — Hang Seng In|dex, the a number that shows how well or badly ↑shares in companies have performed on the ↑stock exchange in Hong Kong on a particular day. The number is based on the share prices of large companies. →↑Dow Jones Average →↑FT 100… …   Dictionary of contemporary English

  • Hang Seng index — Hang Seng in|dex [ ,hæŋ seŋ ,ındeks ] a list of the prices of various SHARES (=parts of a company) on the Hong Kong Stock Exchange …   Usage of the words and phrases in modern English

  • Hang Seng Index — An arithmetically weighted index based on the capital value of 33 stocks on the Hong Kong Stock Exchange. It was first quoted in 1964 and takes its name from the Hang Seng Bank. The number of stocks, 33, was chosen because the bank was founded in …   Big dictionary of business and management

  • Hang Seng index — /hæŋ ˈsɛŋ/ (say hang seng) noun the index of price fluctuations in all ordinary shares on the stock exchange in Hong Kong …   Australian English dictionary

  • Hang-Seng-Index — Hang Sẹng Index, der [nach dem Namen einer großen Hongkonger Bank] (Wirtsch.): Aktienindex an der Hongkonger Börse …   Universal-Lexikon

  • Hang Seng Index — The index of stock prices used on the Hong Kong Stock Exchange. It is calculated on the arithmetically weighted index of 33 stocks (33 being a lucky number in Chinese astrology) …   Accounting dictionary

  • Hang Seng Index — /hæŋ seŋ ˌɪndeks/ noun an index of main share prices on the Hong Kong stock market …   Dictionary of banking and finance

  • Hang Seng index — Fin an index of the prices of selected shares on the Hong Kong Stock Exchange …   The ultimate business dictionary

  • Hang Seng index — UK [ˌhæŋ ˈseŋ ˌɪndeks] / US business a list of the prices of various shares (= parts of a company) on the Hong Kong Stock Exchange …   English dictionary

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