What is ‘Hang Seng Index – HSI’
A market capitalization-weighted index of 40 of the largest companies that trade on the Hong Kong Exchange. The Hang Seng Index is maintained by a subsidiary of Hang Seng Bank, and has been published since 1969. The index aims to capture the leadership of the Hong Kong exchange, and covers approximately 65% of its total market capitalization. The Hang Seng members are also classified into one of four sub-indexes based on the main lines of business including commerce and industry, finance, utilities and properties.
Explaining ‘Hang Seng Index – HSI’
The Hang Seng is the most widely quoted barometer for the Hong Kong economy. Because of Hong Kong’s status as a special administrative region of China, there are close ties between the two economies and many Chinese companies listed on the Hong Kong Exchange.
- Model-free implied volatility and its information content: Evidence from Hang Seng Index options – en.cnki.com.cn [PDF]
- Pricing Hang Seng Index options around the Asian financial crisis–A GARCH approach – www.sciencedirect.com [PDF]
- Volatility forecasting in the hang seng index using the GARCH approach – link.springer.com [PDF]
- Effects of electronic trading on the Hang Seng index futures market – www.sciencedirect.com [PDF]
- Tail Dependence Analysis of SZI & HSI Based on Copula Method [J] – en.cnki.com.cn [PDF]
- Trading rules and stock returns: some further short run evidence from the Hang Seng 1997–2008 – www.tandfonline.com [PDF]
- Price discovery in the Hang Seng index markets: index, futures, and the tracker fund – onlinelibrary.wiley.com [PDF]
- Complex dynamic behaviors of oriented percolation-based financial time series and Hang Seng index – www.sciencedirect.com [PDF]
- Do small traders contribute to price discovery? Evidence from the Hong Kong Hang Seng index markets – onlinelibrary.wiley.com [PDF]
- Threshold non-linear dynamics between Hang Seng stock index and futures returns – www.tandfonline.com [PDF]