As a result, it eventually went under Hong Kong and Shanghai Banking Corp. 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 Hang Seng Index, introduced in 1969, is considered Hong Kong's benchmark stock index. Hang Seng Bank started as a money exchanger in 1933 and was once the largest Chinese-capitalized bank in Hong Kong. Oath will also provide you with personalised ads on partner products.
More than half of Hong Kong's adult population is said to have an account at Hang Seng Bank. Yet again, another milestone was reached on April 13, 2015 rising to over 28,000 points, or closing to 28,016. Like Oath, our partners may also show you ads that they think match your interests. 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. Hang Seng Bank is a major local bank in Hong Kong and a member of the U. It continued rising to hit 26,000 on April 8, 2015 with a close of 26,236. 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 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. In less than 10 months, it passed the 30,000 point milestone on October 18, 2007. On September 5, it fell past the 20,000 mark the first time in almost a year to a low of 19,708. For example, when you search for a film, we use your search information and location to show the most relevant cinemas near you. Its all-time low is 58. But the plunge of the real estate and stock markets in Hong Kong in 1965 triggered a run on the bank.
The Other segment represents the holdings of premises, investment properties, equity shares and subordinated debt funding as well as central support, and functional costs with associated recoveries. Yahoo is part of Oath. The market capitalisation of these companies accounts for about 95% of the total capitalisation of the stocks in Hong Kong. Hang Seng in turn, despite being a public company, is held in majority by another listed international financial institution. 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.
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. This section needs additional citations for. On July 8, 2015, the index fell as much as 2139 points. The influence of each stock on the index's performance is directly proportional to its relative market value. The constituent stocks are grouped under Commerce and Industry, Finance, Properties and Utilities sub-indices. It operates through the following business segments: Retail Banking and Wealth Management; Commercial Banking; Global Banking and Markets; and Other. From October 30, 2007 through March 9, 2008, the index lost 9,426 points or approximately 30%.
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. Currently, Hong Kong and Shanghai Banking Corp. The bank established a subsidiary in mainland China in 2007 and operates some 50 branches in such cities as Shanghai and Beijing. Unsourced material may be challenged and removed. For more information, please contact:China Exchanges Services Company LimitedEmail: cescinfo cesc. 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. The Global Banking and Markets segment gives tailored financial solutions to major corporate and institutional clients.
For further information on the Hang Seng Family of Indexes, please visit the companys website at www. The total number of constituent companies will remain at 50. Should you have any enquiries, please e-mail info hsi. The margin to carry an open position is only a fraction of the contracted value. On October 8, 2008, the index closed at 15,431.
Constituent stocks with higher market capitalisation will have greater impact on the index's performance than those with lower market capitalisation. It reflects the stock performance in different sectors. Investors should exercise due care and diligence when deciding through whom they will conduct business. We also use this information to show you ads for similar films you may like in the future. Its all-time high, set on January 26, 2018, was 33,223. This webpage has not been reviewed by the Securities and Futures Commission in Hong Kong.
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. InclusionA-share CodeH-share CodeCompany Name6032592359WuXi AppTec Co. . On October 27, 2008, the index further fell to 10,676. 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. 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.
Learn more about how and how our. For further information on the Hang Seng Family of Indexes, please visit the companys website at www. On 21 August the index entered a. Should you have any enquiries, please e-mail info hsi. The popularity of Hang Seng Index futures and options has developed gradually with increasing domestic and international investors' participation. This coverage ratio compares favorably with major overseas stock indices.