Hang Seng Index


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Hang Seng Index

(hæŋ sɛŋ)
n
(Stock Exchange) an index of share prices based on an average of 33 stocks quoted on the Hong Kong Stock Exchange
[name of a Hong Kong bank]
Translations

Hang Seng Index

nHang-Seng-Index m
References in periodicals archive ?
Data on Thursday showed China's inflation rate eased to a 15-month low in December, but came in just above market expectations, crimping risk appetite after the Hang Seng Index and the China Enterprises Index had gained 3 and 5.
Hang Seng Index constituent stocks such as HSBC Holdings, China Telecom, Cheung Kong Holdings and Hutchison Whampoa soared, which in turn contributed to a sharp rise in the index, Mok said.
A 44 percent gain in Hong Kong last year made China Unicom the top performer among Hang Seng Index components as investors sought the relative safety of its subscriber momentum amid uncertainty over the pace of the slowdown in China's economy.
The Hang Seng Index could top 18,000 following the release Wednesday of the government budget and the territory's economic indicators, said Steve Lo, dealing director at OSK Asia Securities Ltd.
CNOOC Limited will be the only company representing the oil and gas sector among the 33 Hang Seng Index constituents, and the natural gas it supplies to Hong Kong now generates a quarter of the electricity consumed in Hong Kong.
A spike in the last 15 minutes of trade helped Want Want China Holdings Ltd and Tingyi (Cayman Islands) Holdings Holding Corp, new Hang Seng Index components from Dec.
In the afternoon, the Hang Seng index was down 1,082.
The company soon diversified its business to stock margin financing, trading of Hang Seng Index (HSI) Futures and Options, and other derivatives.
On Tuesday, following the strong momentum of technology and Internet-related stocks, the Hang Seng Index rose to a new high, ending at 16,928.
Dent Forecast points out that the Hang Seng Index in Hong Kong fell only 54 percent from its high in the early 2000 to its low in early 2003.
government's portfolio of Hang Seng Index stocks since the portfolio was acquired last year to counter speculation, said Yang Ti-liang, chairman of EFIL, which was set up to manage the government shares.
The benchmark Hang Seng Index traded between 22,913.