- Source: Hang Seng Composite Index Series
The Hang Seng Composite Index is a stock market index of the Stock Exchange of Hong Kong and was launched in 2001. It offers an equivalent of Hong Kong market benchmark that covers around the top 95th percentile of the total market capitalisation of companies listed on the Main Board of the Stock Exchange of Hong Kong (“SEHK”).
Its index calculation adopts the freefloat-adjusted market capitalisation methodology, and can be used as a basis for index funds, mutual funds as well as performance benchmarks. Its arguable that the composite index is a better reflection on the overall market performance than the more popular Hang Seng Index, which only cover 50 stocks as opposed to over 480 stocks in the composite index.
Sub-index
The Hang Seng Composite Index can be further dividend into 2 group of indexes : 1 on industry sector and 1 on market capitalisation.
= Industry sector index series
=There are 11 sub-indexes per industry sector:
Energy
Materials
Industrial Goods
Consumer Goods
Consumer Services
Telecommunications
Utilities
Financials
Properties & Construction
Information Technology
Conglomerates
= Market capitalisation index series
=There are 3 indexes on market capitalisation :LargeCap, MidCap and SmallCap Indexes, which cover the top 80%, the next 15% and the remaining 5% respectively of the total market capitalisation of the Hang Seng Composite Index.
Hang Seng Hong Kong LargeCap Index
Hang Seng Hong Kong MidCap Index
Hang Seng Hong Kong SmallCap Index
See also
Hang Seng Index
References
External links
"Hang Seng Composite Index Series Factsheet" (PDF). Hang Seng Indexes. April 2018. Retrieved 30 May 2018.
Official website of Hang Seng Composite Index
Kata Kunci Pencarian:
- Hang Seng Composite Index Series
- Hang Seng Index
- Hang Seng (disambiguation)
- Xtep
- Nasdaq Composite
- Index of articles related to Hong Kong
- KOSPI
- Sa Sa International Holdings
- List of stock market indices
- NYSE Composite