What is the Hang Seng Index? Latest news of Hang Seng Index
I believe that friends in the financial sector should have a good understanding of foreign exchange. Today, I would like to give you a brief introduction to the Hang Seng Index. If you are interested in this, you are welcome to have a look. Maybe it will help you.
Hang Seng Index
The Hang Seng index is an important indicator of the price of Hong Kong stock market. The index is calculated by the market value of several constituent stocks (i.e. blue chips), representing 63% of the average market value coverage rate of all listed companies in the Hong Kong stock exchange. The Hang Seng index is calculated and reviewed quarterly by Hang Seng Index Limited company of Hang Seng Bank, and the constituent stock adjustment is announced.
Latest news of Hang Seng Index
Yesterday, the Hang Seng Index of Hong Kong shares rose slightly by 0.56%, and then continued to narrow its rise. In the afternoon, it maintained a narrow range of shocks and stepped back on the 5-day moving average. By the end of the day, the Hang Seng index was up 0.01% with a quoted price of 26683.68 points; the state-owned enterprise index was down 0.13% with a quotation of 10403.34 points; the red chip index was up 0.36% with a quotation of 4242.5 points.
From the disk, oil stocks, telecommunications stocks, automobile stocks, 5g concept stocks were the top gainers, while household appliances stocks, gas stocks, aviation stocks and domestic insurance stocks fell collectively. Technology stocks generally retreated, with meituan's comments down 3%. Turnover rose to HK $75.24 billion, up from HK $72.4 billion the previous day.
Relevant market participants pointed out that the performance of a shares is stronger than that of Hong Kong stocks this year. Due to the lower prices, Hong Kong stocks are now facing many investment opportunities.
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