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Hang Seng Index ×

Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save MM Hang Seng Stocks Index

The MM Hang Seng Index Fundamental Index incorporates overall Hong Kong's economic indices and indices regarding enterprise profitability. Rising MMFI for HK stocks indicates better fundamentals while falling indicates weaker fundamentals.

HK Hang Seng Index comprises of 50 stocks, which:
1. over 60% are backed with capitals from China
2. 48.02% are financial, 11.38% are in the real estate sector, 4.87% are in the utility, and 36.41% are in the industrial and business sector.

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Latest Stats
  • MM Hang Seng Stocks Fundamental Index
    2022-07
    -2.66
  • Hong Kong Hang Seng Index
    2022-06-30
    21,859.79
Source
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Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save Hong Kong Real GDP

Hong Kong's economy transformed since the mid-80s from manufacture-based and export-oriented to services-based and transit trade-oriented. Services account for 90% of its GDP, among which financial services and trade services stand out, making Hong Kong an important international commercial hub. Tourism supports Hong Kong's domestic demand and service exports.

The trade and tourism-centered economy is thus vulnerable to economic crisis, for example, Asian Financial Crisis in 1997, Net Bubble in 2000, SARS breakout in 2003, and the Financial Crisis in 2008. US-China trade war in 2019 also took its toll.

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Latest Stats
  • HK Real GDP (NSA, L)
    2022 Q1
    672,617.00m
  • HK Real GDP (NSA, YoY, R)
    2022 Q1
    -4.00%
Source
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Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save Hong Kong Manufacturing PMI

Hong Kong PMI reflects the sentiment towards future business. There are manufacturing PMI, construction PMI, and services PMI.

Manufacturing PMI comprises of five items (weight): new orders (30%), production (25%), employment (20%), supplier's delivery (15%), and inventory (10%). Benchmark is 50. PMI over 50 suggests an economic expansion in the industry.

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Latest Stats
  • Hong Kong Manufacturing PMI
    2022-05
    54.90
Source
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Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save HK Retail Sales by Industry (YoY)

Categories of goods and its weight:
1. Food, alcoholic drinks and tobacco, 9.1%
2. Supermarkets, 10.9%
3. Fuels, 2.1%
4. Clothing, footwear and allied products, 12.8%
5. Consumer durable goods, 14.9%
6. Department store, 11%
7. Jewelry, watches and clocks, 17.6%
8. Other consumer goods, 21.6%

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Latest Stats
  • Food, Alcoholic Drinks and Tobacco
    2022-05
    1.90%
  • Supermarkets
    2022-05
    -5.18%
  • Fuels
    2022-05
    1.75%
  • Clothing, Footwear and Allied Products
    2022-05
    -1.70%
  • Consumer Durable Goods
    2022-05
    -11.94%
  • Department Stores
    2022-05
    -4.39%
  • Jewelry, Watches and Clocks
    2022-05
    7.11%
  • Other Consumer Goods
    2022-05
    3.35%
Source
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Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save HK Centa-City Leading Index (YoY) vs. HSI

The real estate market is closely connected with the financial sector for real estate-related loans account for 46% of aggregate loans and 55% of Hang Seng Index are financial and real estate business. So, house price in Hong Kong is also linked to HSI's ups-and-downs.

Centa-City Leading Index (CCL) is released weekly and based on the contract price by Centaline Property Agency. HSI gains momentum from rising CCL.

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Latest Stats
  • HK Centa-City Leading Index (YoY, L)
    2022 W24
    -4.67%
  • Hong Kong Hang Seng Index (R)
    2022-06-30
    21,859.79
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save USD/CNH vs. HSI

Hong Kong is a transitional stop for funds from China and the world. Appreciation of offshore Renminbi against the US dollar helps HSI and the economy rise, because:
1. Funds flow into Hong Kong
2. Chinese capital-backed enterprises in Hong Kong calculate their profit in Renminbi. And more than half of the enterprises listed on HSI are Chinese-backed. When their profit increases, HSI rises.
3. Chinese tourists' consuming power increases. 80% of the visitors to Hong Kong are from China and 95% internal consumption are from Chinese tourists.

Therefore, Renminbi's value and HSI price move in the same direction.

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Latest Stats
  • USD/CNH (L)
    2022-07-01
    6.70
  • Hong Kong Hang Seng Index (R)
    2022-06-30
    21,859.79
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save HK Total Foreign Currency Reserve Assets

Before Linked Exchange Rate System (LERS) came into its official existence in 1983, the government of Hong Kong has transferred its accumulated government surplus, currency-issuing funds, and land funds to foreign currency reserve in 1976 in order to provide full monetary support to its monetary base. According to Hong Kong Monetary Authority (HKMA), all foreign reserve can be used to support LERS.

Hong Kong's monetary base includes:
- Certificates of Indebtedness, which provide full backing to the banknotes issued by note-issuing banks
- Government-issued Notes and Coins in circulation
- Aggregate Balance that is the sum of banks’ clearing account balances kept with the HKMA
- Exchange Fund Bills and Notes issued by the HKMA on behalf of the government for the account of the exchange fund.

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Latest Stats
  • HK Total FC Reserve Assets
    2022-04
    465,704.00m
  • HK Total FC Reserve Assets (Monthly Change, R)
    2022-04
    465,704.00m
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save HKD Forward Rate Minus Spot Rate

The weak-side Convertibility Undertaking (CU) of HK$7.85 to US$1 under the Linked Exchange Rate system (LERS) was triggered many times by the outflow of funds due to China-US trade war and the internal political crisis in 2019.

HKMA used to follow Fed's each rate hike, but initially HIBOR didn't follow up because there were sufficient funds in the Hong Kong banking system. Gap between LIBOR and HIBOR widened, so arbitrage transaction increased and HKD weakened.

In times where HIBOR is lower than LIBOR, banks borrow HKD from international banks at lower costs and convert into USD to earn higher return. The banks meantime sell Spot HKD and purchase forward HKD futures to avoid loss from drastic depreciation in USD/HKD exchange rate.

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Latest Stats
  • HKD 3-month Forward Rate (L)
    2022-07-01
    7.83
  • HKD Spot Rate (L)
    2022-07-01
    7.85
  • HKD 3-month Forward Rate Minus Spot Rate (R)
    0.00
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save HKD Interest Settlement Rates (HIBOR)

HKD Interest Settlement Rates, commonly known as Hong Kong Interbank Offered Rates or HIBOR, is the rate where banks and financial institutions exercise lending and borrowing between one another within Hong Kong market.

HIBOR reflects the amount of liquidity in the market. Rising HIBOR suggests a decrease in market liquidity.

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Latest Stats
  • HIBOR Overnight
    2022-06-30
    1.43%
  • HIBOR 1 week
    2022-06-30
    0.98%
  • HIBOR 1 month
    2022-06-30
    0.87%
  • HIBOR 3 months
    2022-06-30
    1.75%
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save Hong Kong Hang Seng TECH Index

"Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index's screening criteria." --Source: hsi.com.hk

Weightings of each share are limited to 8% max. Listed companies include Tencent, MeiTuan, Alibaba, JD, Xiaomi, etc.

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Latest Stats
  • Hong Kong Hang Seng TECH Index
    2022-06-30
    4,870.30
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
iShares MSCI Hong Kong ETF $22.20 0.54% -4.27% 0.50%
Franklin FTSE Hong Kong ETF $22.71 0.09% -7.55% 0.09%
#Equity-Region: Hong Kong

Save Hong Kong Hang Seng Stock Connect China AH Premium Index

"AH Premium Index measures the absolute price premium (or discount) of China A shares over Hong Kong H shares for the largest and most liquid mainland China companies with both A-share and H-share listings ("AH Companies")." -- Source: HSI.com.hk

100 means A shares and H shares
Over 100 means A shares are more expensive
Below 100 means A shares are cheaper

A-share companies are registered and listed in China; H-share companies are registered in China and listed in Hong Kong.

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Latest Stats
  • HK Hang Seng Stock Connect China AH Premium Index
    2022-06-30
    141.89
Source
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