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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
Global markets were little changed Friday, with the Stoxx Europe 600 flat, Japan’s Nikkei 225 edging up 0.2% and Hong Kong’s Hang Seng Index nudging down 0.3%.
Shares in the Hong Kong-listed company have lost about one-third of their value this year, compared with the benchmark Hang Seng Index’s nearly 30% gain over the same period.
Li Auto’s shares in Hong Kong have shed more than 20% of their value so far this year, compared with the Hang Seng Index’s nearly 30% gain.
Hong Kong’s Hang Seng Index ended up 2.0%, with Alibaba Group 9988 4.67%increase; green up pointing triangle adding 4.7% after its Qwen, an AI app aiming to compete with OpenAI’s ChatGPT, hit 10 million downloads within one week of its public beta launch.
Year to date, Hong Kong’s benchmark Hang Seng Index is up about 29%.
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