The Hong Kong Hang Seng HK Index 33, also known as the Hang Seng Index, is named “Hang Seng Index” in English. It was founded by Hang Seng Bank in 1969 and is an important stock index that reflects changes in the Hong Kong stock market. The index contains the 50 most representative blue-chip stocks listed on the Hong Kong Stock Exchange (the company has a high reputation, large market value, excellent performance, strong stock liquidity, and stable returns). One of the most closely watched stock price indices.
Hong Kong’s Hang Seng HK Index 33 is a market-value-weighted index. In order to prevent the large-market-value constituent stocks from having too much influence on it, each constituent stock of the index can only hold up to 10% of the weight, regardless of the market value. The index’s management agency-Hang Seng Index Co., Ltd. (a subsidiary of Hang Seng Bank) will conduct quarterly audits on the Hang Seng Index in March, June, September and December each year. By then, the constituent stocks that do not meet the standards will be reviewed. Will be removed and replaced by non-component stocks that meet the criteria.
It is worth noting that although there is “33” in the name, the Hong Kong Hang Seng HK Index 33 actually has 50 constituent stocks. The reason for the number of “33” is that at the beginning of its establishment, the index was once composed of 33 constituent stocks. composition.
Since the Hang Seng Index only contains 50 companies, there are opinions that it is not representative of the Hong Kong stock market. Therefore, the Hang Seng Bank created the Hang Seng Composite Index in 2001. Currently (May 2020) the Hang Seng Composite Index covers It accounts for 95% of the market value of the Hong Kong stock market and has 476 constituent stocks.
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