Hang Seng Index

Hang Seng Index

Established in 1969, the Hang Seng Index is the benchmark stock market index, monitoring changes in 48 constituent blue chip stocks. It is maintained by Hang Seng Indexes Company, a unit of Hang Seng

Bank, which is controlled by HSBC Group.

China’s rich are worried about the future of Hong Kong
Wealthy investors from mainland China are watching developments in Hong Kong with growing concern, as tensions between Beijing and Washington over a new national security law raise questions about the future of the city. While anti-government protests have hurt Hong Kong’s reputation as an orderly financial hub, well-off investors in the mainland are still attracted to the city’s unique privileges within China.  Unlike mainland China, Hong Kong has unrestricted capital flows, an uncensored internet and rule of law upheld by an independent judiciary. The freedoms have allowed affluent investors to park money in the city and access the outside world. But China’s decision to move ahead with a
Chinese internet giant Alibaba gets greenlight to sell shares in Hong Kong
Chinese internet giant Alibaba has gained approval to raise as much as $15 billion dollars in a November share sale in Hong Kong, several sources told the South China Morning Post. Alibaba, which owns Inkstone, is already listed in New York. This secondary listing in Hong Kong would bolster the company’s capitalization and finally give investors in mainland China the chance to participate in the growth of one of the country’s most profitable technology giants. Investors in mainland China are expected to be able to trade Alibaba shares in Hong Kong through the Stock Connect program upon regulatory approval. The program allows investors to trade stocks listed on each other's markets through br