Hang Seng Index (HSI) is generally a free realtime index for Hong Kong Stock Exchange but you will need to purchase historical Heng Seng Index data as a separate product from a reputable supplier. The HSI is calculated based on the price movements of over 200 stocks traded in the Hong Kong Stock Exchange.
The index is calculated based on the closing prices of 30 stocks listed on the Hong Kong Stock Exchange.
The HSI is calculated using the following formula:
- The HSI is then divided into three subindices:
- The CSI 300 Index – A composite index composed of the largest companies listed on the Hong Kong Exchange.
- The HSI Small Cap Index – An index composed of small cap stocks with high liquidity.
The HSI MidCap Index – An index composed mainly of midcap stocks.
Hang Seng Index History
The HSI has been published since January 1, 1990. In addition to being used as a trading tool, the HSI is also used as a benchmark for other markets such as the Shanghai Composite Index (SCI).
Hang Seng Index Chart
The HSI is calculated using the average closing prices of 30 stocks listed on the Hong Kong Stock Exchange. These 30 stocks represent approximately 80% of the total market capitalization of the Hong Kong Stock Exchange, making the index a good representation of the entire market.
Hang Seng Index Technical Analysis
The HSI has been trending higher since its low point in early January. This trend was broken when the index fell below the 50 day moving average line. Since then, the index has bounced back above the 50 day moving average.
The index is calculated based on the price movements of over 200 stocks listed on the Hong Kong Stock Exchange.
The HSI is often referred to as the “Shanghai Composite” because it tracks the performance of the Shanghai Stock Exchange. However, the HSI does not directly reflect the performance of the Shanghai exchange. Instead, it reflects the performance of the entire Chinese stock market.