It is responsible for compiling, publishing and managing the Hang Seng Index and a range of other stock indexes, such as , , , , , Hang Seng Corporate Sustainability Index Series and Hang Seng Total Return Index Series. The Commercial Banking segment provides products and services to corporate, commercial and small-medium enterprise, customers including corporate lending, trade and receivable finance, payments and cash management, treasury and foreign exchange, general insurance, key-person insurance, investment services and corporate wealth management. InclusionA-share CodeH-share CodeCompany Name6032592359WuXi AppTec Co. Learn more about how and how our. Hang Seng Bank started as a money exchanger in 1933 and was once the largest Chinese-capitalized bank in Hong Kong. It caters for the unique characteristics of the Hong Kong stock market and maintains the international compatibility with a mapping to international industry classification General classification guidelines: i The sales revenue arising from each business area of a company is the primary parameter of stock classification.
The company was founded by Sin Hang Ho in 1933 and is headquartered in Hong Kong. For the bank with the same name, see. The Hang Seng Index, introduced in 1969, is considered Hong Kong's benchmark stock index. It is used to record and monitor daily changes of the largest companies of the and is the main indicator of the overall market performance in Hong Kong. The Hang Seng passed the 10,000 point milestone for the first time in its history on December 10, 1993 and, 13 years later, passed the 20,000 point milestone on December 28, 2006. Constituent stocks with higher market capitalisation will have greater impact on the index's performance than those with lower market capitalisation. In less than 10 months, it passed the 30,000 point milestone on October 18, 2007.
. This section needs additional citations for. It continued rising to hit 26,000 on April 8, 2015 with a close of 26,236. Its all-time high, set on January 26, 2018, was 33,223. On July 8, 2015, the index fell as much as 2139 points. Like Oath, our partners may also show you ads that they think match your interests.
Hang Seng Bank is a major local bank in Hong Kong and a member of the U. More than half of Hong Kong's adult population is said to have an account at Hang Seng Bank. The margin to carry an open position is only a fraction of the contracted value. Hang Seng in turn, despite being a public company, is held in majority by another listed international financial institution. Unsourced material may be challenged and removed. It plans to focus on selling financial products, such as investment trusts and insurance.
For more information, please contact:China Exchanges Services Company LimitedEmail: cescinfo cesc. We also use this information to show you ads for similar films you may like in the future. Should you have any enquiries, please e-mail info hsi. On 8 February 2010, Flexible Index Options with flexibility in setting strike prices and expiry months were introduced to facilitate the booking of customized over-the-counter option contracts. How Oath and our partners bring you better ad experiences To give you a better overall experience, we want to provide relevant ads that are more useful to you.
Investors should read the relevant fund's offering documents including the full text of the risk factors stated therein in particular those associated with investments in emerging markets for funds investing in emerging markets in detail before making any investment decision. The Hang Seng Family of Indexes comprises a wide range of Flagship, Benchmark, Thematic, Strategy and Bond indexes that cover Hong Kong and mainland China markets. To ensure the impartiality of its operation, Hang Seng Indexes Company Limited established an Independent Advisory Committee to give advice on issues pertaining to the indexes, including constituent changes and the development of new indexes. The market capitalisation of these companies accounts for about 95% of the total capitalisation of the stocks in Hong Kong. It operates through the following business segments: Retail Banking and Wealth Management; Commercial Banking; Global Banking and Markets; and Other.
On September 5, it fell past the 20,000 mark the first time in almost a year to a low of 19,708. The index at that point hovered around 18000-19000 points , until it ended in February 2016. Should you have any enquiries, please e-mail info hsi. On October 27, 2008, the index further fell to 10,676. On 21 August the index entered a. Profit or assets will also be taken into consideration where these better reflects the company's business.
Investors should exercise due care and diligence when deciding through whom they will conduct business. Oath and our partners need your consent to access your device and use your data including location to understand your interests, and provide and measure personalised ads. The Hang Seng Family of Indexes comprises a wide range of Flagship, Benchmark, Thematic, Strategy and Bond indexes that cover Hong Kong and mainland China markets. It reflects the stock performance in different sectors. The influence of each stock on the index's performance is directly proportional to its relative market value. The Retail Banking and Wealth Management segment offers a range of products and services to meet the personal banking, consumer lending, and wealth management needs of individual customers. Find sources: — · · · · August 2015 When the Hang Seng Index was first published, its base of 100 points was set equivalent to the stocks' total value as of the market close on July 31, 1964.
The total number of constituent companies will remain at 50. Yahoo is part of Oath. The popularity of Hang Seng Index futures and options has developed gradually with increasing domestic and international investors' participation. For further information on the Hang Seng Family of Indexes, please visit the companys website at www. This coverage ratio compares favorably with major overseas stock indices.
But the plunge of the real estate and stock markets in Hong Kong in 1965 triggered a run on the bank. On October 8, 2008, the index closed at 15,431. As both local and international investors regard Hang Seng Index as a time-tested benchmark for the Hong Kong equity market and yardstick of portfolio performance, these contracts are consistently used by different investors for trading and risk management purposes. These 50 constituent companies represent about 58% of the capitalisation of the Hong Kong Stock Exchange. For further information on the Hang Seng Family of Indexes, please visit the companys website at www. Its all-time low is 58.