HK50
The Hang Sheng is an index of the 50 largest companies listed on the Hong Kong stock market.
This index the performance of the Chinese most successful companies, including Alibaba, Bank of China, PetroChina, China Petroleum & Chemical Corporation.
The HK50 index follows up changes in their share prices. This index is the main indicator of Chinas economic wealth. That is why it’s so attractive for traders around the world.
HK50 live chart allows traders and investors to tract the latest changes of the index.
How is it calculated?
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), 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.
How to trade HK50 with FBS?
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 as from the price going down as well as from it going down.
You can also use leverage. This means that with only a small amount of money you can control much bigger financial positions. Always remember that leverage gives you an opportunity to multiply your account. On the downside, you may lose a considerable part of it if the market if the market goes against your trades.
HK50 index was included in July selection as one of the best indices to invest.
What drives the Hang Sheng index price?
As most indices, the HK50 is driven by earnings reports, key appointments, and new product launches. Moreover, the 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.
2022-04-13 • Updated