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Hang Seng Index
/ hæŋ sɛŋ /
noun
an index of share prices based on an average of 33 stocks quoted on the Hong Kong Stock Exchange
Word History and Origins
Origin of Hang Seng Index1
Example Sentences
That has helped Hong Kong’s Hang Seng Index rise around 30% this year, one of the world’s best-performing markets—although the revival of U.S.-China trade tensions in the past week trimmed gains.
The Hang Seng index gained 2.1%.
The stock is among the largest decliners on the Hang Seng Index, which is down 2.9% amid a broad equity selloff following renewed U.S.-China trade tensions.
Hong Kong’s Hang Seng Index fell as much as 3.6% in early trade on Monday, while China’s Shanghai Composite Index shed 2.5% before paring losses after better-than-expected exports data.
A subsidiary compiles the Hang Seng Index, a widely watched gauge of the city’s stock market.
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