The Hang Seng Index (HSI) is a freefloat-adjusted market-capitalization-weighted stock market index in Hong Kong. It is the main indicator of the overall market performance of the Hong Kong Stock Exchange, tracking the largest and most liquid companies listed in Hong Kong.
Description: The Hang Seng Index (HSI) was launched on November 24, 1969, and is maintained by Hang Seng Indexes Company Limited. It is the most widely quoted indicator of the Hong Kong stock market, comprising the 50 largest and most liquid companies listed on the Hong Kong Stock Exchange (HKEX). The index covers various sectors including finance, utilities, properties, and commerce and industry. It serves as a benchmark for fund managers and investors, and is used as the underlying for various financial products such as ETFs, futures, and options. The HSI is calculated in real-time during trading hours and is reviewed quarterly to ensure it remains representative of the market.