The Hang Sheng is an index of the 50 largest companies listed on the Hong Kong stock market.
This index is the performance of the most successful Chinese companies, including Alibaba, Bank of China, PetroChina, and China Petroleum & Chemical Corporation.
The HK50 index tracks changes in share prices. This index is the main indicator of China’s economic wealth, attracting traders worldwide.
HK50 live chart allows traders and investors to track the latest index changes.
The HSI index is a free float-adjusted market capitalization-weighted index. The index calculation considers the current value of each share price, the previous day’s closing price, the free float ratio (free float), and the company’s capitalization. The shares included in the index improved 2/3 of the exchange turnover and well reflect the general state of the Chinese stock market.
You can trade contracts for difference (CFDs) on the HK50. CFDs reflect the HK50 movement. It allows you to trade in both directions. In other words, you can gain from the price going down and from it going down.
You can also use leverage. This means that you can control much bigger financial positions with only a small amount of money. Always remember that leverage allows you to multiply your account. On the downside, you may lose a considerable part of it if the market goes against your trades.
The HK50 index was included in the July selection as one of the best investment indices.
As with most indices, the HK50 is driven by earnings reports, key appointments, and new product launches. Moreover, Chinese economic factors such as interest rates, monetary policy, political factors, and economic indicators in general can hugely influence the index as they impact company investment rates and consumer appetite for products.