"This decision led to the government's reinterpretation of the Basic Law which overturned the ruling and determined that a parent would have to be a Hong Kong permanent resident at the time of the child's birth to transmit residency. Three months after the handover in July 1997, Hong Kong was dragged into the Asian Financial Crisis. At one point, the stock market fell by 22.8% within a week. Between the summer of 1997 and 1998, the leading shares in the Hang Seng Index lost nearly of its value. The government had to intervene by buying billions of dollars worth of"
"MSCI Hong Kong Index The MSCI Hong Kong Index is a capital weighted stock index designed to measure the performance of the large and mid cap segments of the Hong Kong market. It has 48 constituents, and covers approximately 85% of the free float-adjusted market capitalization of Hong Kong equity stocks. The index is often used in index based passive ETFs that invest in the Hong Kong stock exchange such as HSBC MSCI Hong Kong ETF. It is calculated by MSCI, an arm of Morgan Stanley and Capital International group. As of April 2018, the ten largest companies constituting the"
"Hang Seng Indexes Company Limited Hang Seng Indexes Company Limited (HSI) is a private company in Hong Kong and wholly owned by Hang Seng Bank. HSI was founded in 1984 and is the major provider of stock market indexes on Hong Kong and China stock markets. HSI produces stock market indexes under 5 categories: Currently, the HSI produced indexes comprises over 400 real-time and daily indexes. The most famous and popular referenced is the Hang Seng Index. In February, HSI launched the HSI Volatility index or ""VHSI"". This index models on the lines of the Chicago Board Options Exchange VIX"
"Hong Kong Stock Exchange The Stock Exchange of Hong Kong Limited, abb. SEHK, is Asia's third-largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and Shanghai Stock Exchange, and the sixth largest in the world before Euronext. As of 31 October 2016, SEHK had 1,955 listed companies, 989 of which are from mainland China (Red chip, H share and P chip), 856 from Hong Kong and 110 from other countries and region (e.g. Macau, Taiwan, Malaysia, United States, Singapore, etc.) Hong Kong Exchanges and Clearing owns SEHK and is itself listed on SEHK. It is the"
"was put back on the table following protests by brokers. Webb criticised the board for caving in to vested interests. Hong Kong Stock Exchange The Stock Exchange of Hong Kong Limited, abb. SEHK, is Asia's third-largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and Shanghai Stock Exchange, and the sixth largest in the world before Euronext. As of 31 October 2016, SEHK had 1,955 listed companies, 989 of which are from mainland China (Red chip, H share and P chip), 856 from Hong Kong and 110 from other countries and region (e.g. Macau, Taiwan, Malaysia,"
"June 2016 before recovered slightly on 29 June 2016. On January 2, 1985, four sub-indices were established in order to make the index clearer and to classify constituent stocks into four distinct sectors. There are 50 HSI constituent stocks in total. As of September 23, 2018 they are: Hang Seng Finance Sub-index Hang Seng Utilities Sub-index Hang Seng Properties Sub-index Hang Seng Commerce & Industry Sub-index The Hang Seng Composite Index Series (恒生綜合指數) was launched on October 3, 2001, targeting on providing a broad standard of the performance of the Hong Kong stock market. It was last revamped on March"
"the overall market performance than the more popular Hang Seng Index, which only cover 50 stocks as opposed to over 480 stocks in the composite index. The Hang Seng Composite Index can be further dividend into 2 group of indexes : 1 on industry sector and 1 on market capitalisation. There are 11 sub-indexes per industry sector: There are 3 indexes on market capitaisation ：LargeCap, MidCap and SmallCap Indexes, which cover the top 80%, the next 15% and the remaining 5% respectively of the total market capitalisation of the Hang Seng Composite Index. Hang Seng Composite Index Series The Hang"
"Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a ""Dow Jones Index for Hong Kong"". Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index, which debuted on November 24, 1969. When the Hang Seng Index was first published, its base of 100 points was set equivalent to the stocks' total value as of the market close on July 31, 1964. Its all-time low is 58.61 points, reached retroactively on August 31, 1967, after the base value was established but before the publication of the"
"8, 2010, and comprises 307 constituents (will become 306 from August 9, 2010). The market capitalisation of these companies accounts for about 95% of the total capitalisation of the stocks in Hong Kong. To ensure the impartiality of its operation, Hang Seng Indexes Company Limited established an Independent Advisory Committee to give advice on issues pertaining to the indexes, including constituent changes and the development of new indexes. Hang Seng Industry Classification System (formerly called Hang Seng Stock Classification System) is a comprehensive system designed for the Hong Kong stock market by Hang Seng Indexes Company Limited. It reflects the"
"HSBC has a dual primary listing on the Hong Kong Stock Exchange and London Stock Exchange and is a constituent of the Hang Seng Index and the FTSE 100 Index. As of 6 July 2012, it had a market capitalisation of £102.7 billion, the second-largest company listed on the London Stock Exchange, after Royal Dutch Shell. It has secondary listings on the New York Stock Exchange, Euronext Paris, and the Bermuda Stock Exchange. In February 2015, the International Consortium of Investigative Journalists released information about the business conduct of HSBC under the title ""Swiss Leaks"". The ICIJ alleges that the"
"HKII comprises 78 companies listed on the Hong Kong Stock Exchange, with 39 each from Hong Kong and mainland China. The Hong Kong Islamic Index was valued at HK$1,419 as of 20 June 2011. Stocks under the index are listed from the Real Estate, Transportation, Information Technology, Industrial Goods, Utilities, Energy, Material, Telecommunications, or Consumer Goods sectors. The Arab Chamber of Commerce and Industry recognised that when The Chamber was established there was a lack of Islamic Banking in Hong Kong and China. In 2009 it established the Amwal Credit Union, which would provide Shariah compliant, Islamic banking and finance"
"The Hong Kong Government is the single largest shareholder in HKEX, and has the right to appoint six of the thirteen directors to the board. Reports of securities trading in Hong Kong date back to the mid-19th century. However, the first formal market, the Association of Stockbrokers in Hong Kong, was not established until 1891. The Association was renamed the Hong Kong Stock Exchange in 1914. A second exchange, the Hong Kong Stockbrokers' Association was incorporated in 1921. The two exchanges merged to form the Hong Kong Stock Exchange in 1947 and re-establish the stock market after the Second World"
"Hong Kong in 1997, when mainland Chinese markets were opened to Hong Kong business interests. Stanley Kwan retired from the banking industry and moved to Canada. He died in Toronto on December 31, 2011, at the age of 86. Stanley Kwan (banker) Stanley Shih Kuang Kwan (; January 10, 1925 – December 31, 2011) was a Hong Kong banker best known for creating the Hang Seng Index. The Hang Sang Index opened on November 24, 1969. Stanley S. K. Kwan was born in Hong Kong in 1925 into a traditional Chinese banking family. He attended King's College until the fall"
"they once had given increasing financial influence by mainland China. As Hong Kong’s financial markets are highly impacted by mainland China, the Renminbi exchange rate as well as China’s equity market remain is in a state of high volatility and continues to weigh on Hong Kong markets and the Hong Kong dollar. Hong Kong dollar The Hong Kong dollar (; sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. The Hong Kong Monetary Authority is the governmental currency board and also the ""de facto"" central bank for Hong Kong and the Hong"
"Seng Index in 1969, served on the government's Statistics Advisory Board during 1976–84 and was awarded the MBE in 1985. He now lives in Toronto, Canada. Kwan creation, the Hang Seng Index, has been widely used to measure the health and growth of the Hong Kong Stock Exchange. In 2008, Kwan published his memoirs, ""The Dragon and the Crown: Hong Kong Memoirs"". In the book's foreword, written by Robert Neild, the President of the Hong Kong chapter of the Royal Asiatic Society, Neild calls the Hang Seng, ""the ultimate capitalist measure of Hong Kong."" As of 2012, the Hang Seng"
"candidates, final selections are based on their: The current Hang Seng Index is calculated from this formula: formula_1 Descriptions on parameters: Investors in Asian markets monitor the following reports for investment activities: The representativeness of the HSI can be studied by the turnover of the whole stock market and by how much its market capitalisation covers. The aggregate market value of the HSI constituent stocks is maintained at approximately 60% of the total market value. This coverage ratio compares favorably with major overseas stock indices. Hang Seng Index The Hang Seng Index (abbreviated: HSI, ) is a freefloat-adjusted market-capitalization-weighted stock-market"
"Index consists of forty-eight companies incorporating some of the largest in Asia. These include PetroChina, which is Asia's largest company in terms of market value, and Industrial and Commercial Bank of China, the largest lender in the world based on market value. Kwan launched his career within the Hong Kong banking industry following the end of the war. He joined the staff of Hang Seng Bank in 1962. In 1969, Hang Seng Bank chairman Ho Sin Hang and general manager Q.W. Lee decided that there should be a Hong Kong version of New York's Dow Jones Industrial Average. Kwan headed"
"the Hang Seng Bank's research department at the time. Together with his staff of seven employees, Kwan created the Hang Seng Index using input from economists, statisticians and government officials. The Index debuted in Hong Kong on November 24, 1969. The Hang Seng Index would benefit, or suffer, based on the political and economic fortunes of Hong Kong. The Index crashed in 1974 following the 1973 oil crisis, and again in 1983, during a political stalemate in negotiations between China and the United Kingdom over the future status of Hong Kong. The Index grew following the transfer of sovereignty over"
"Hang Seng Bank (China) Limited which has a network of 46 branches and sub branches. It established the Hang Seng Index as a public service in 1969 and this stock market index is now generally known as the primary indicator of the Hong Kong stock market. In 1933, business partners Lam Bing Yim (), Ho Sin Hang, Sheng Tsun Lin (盛春霖), and Leung Chik Wai (梁植偉) founded Hang Seng Ngan Ho, the predecessor of Hang Seng Bank, in Hong Kong. Hang Seng means ""ever-growing"" in Cantonese. It commenced business as a simple money-changing shop at 70 Wing Lok Street, Sheung"
"Kong Stock Exchange in 1970. It was also a member of Hang Seng Index Constituent Stocks (blue-chip stocks) from 1974 to 1996. In 1993, it was acquired by Henderson Investment, a subsidiary of Henderson Land Development. Miramar Hotel and Investment Miramar Hotel and Investment Company Limited (Miramar Group) () () is a group with a diversified service-oriented business portfolio comprising hotels and serviced apartments, property rental, food and beverage, and travel services in Hong Kong and Mainland China. Miramar Group has been listed on the Hong Kong Stock Exchange since 1970 (HKEx Stock Code: 71) and is a member of"
"companies on the Hong Kong stock exchange that constitute the Hang Seng Index. The inclusion of Lenovo and Tencent, China's largest internet firm, significantly increased the weight of the technology sector on the index. Being added to the Hang Seng Index was a significant boon for Lenovo and its shareholders as it widened the pool of investors willing to purchase Lenovo's stock. For instance, index funds pegged to the Hang Seng and pension funds that consider index inclusion now have the opportunity to invest in Lenovo. In November 2013 Lenovo reported that they had achieved double-digit market share in the"
"Hang Seng Bank in 1965 during a crisis of the latter. The Hang Seng Index for stock prices in Hong Kong is named after the Hang Seng Bank. In 2017, HSBC launched the PayMe brand and mobile app, which features as a social payment app in Hong Kong, available to all non-HSBC users. The Hongkong and Shanghai Banking Corporation maintains a network of around 600 offices in 20 countries in Asia Pacific, as well as owning of a number of HSBC banks operating in various countries and holding the group's stakes in further lenders, particularly in mainland China. HSBC started"
"investors and individual investors who have RMB500,000 in their investment and cash accounts are eligible to trade Hong Kong-listed shares. Eligible Stocks Only A shares listed in Shanghai will be included in the initial stage. Hong Kong and overseas investors will be able to trade certain stocks listed on the SSE including all constituent stocks from time to time of the SSE 180 Index and SSE 380 Index, and all the SSE-listed A shares that are not included as constituent stocks of the relevant indices but which have corresponding H shares listed in Hong Kong, except for those not traded"
"Kingdee Kingdee International Software Group Limited （）is a Hong Kong Stock Exchange main board listed company, China software industry leader，leading enterprise management software company in the Asia-Pacific region. It was founded in August 8, 1993 & headquartered in Shenzhen, China. On 15 February 2001, Kingdee International was listed on the Hong Kong Stock Exchange GEM with stock code 8133.HK. 20 July 2005, it transferred to Hong Kong Stock Exchange main board with stock code 0268.HK. In 2007, IBM and Lehman Brothers (bankrupted) invested & held 7.7% shares of Kingdee International. As one of the strategic shareholder of the group, Kingdee"
"also served as a director of Wing Lung Bank as well as Bangkok Mercantile Company. His other directorships included the Miramar and Furama hotels and he had business interests in the shipping and insurance industries. Ho also served as the Chairman of the Gold & Silver Exchange Society of Hong Kong. Ho conceived the idea of creating the Hang Seng Index as the ""Dow Jones Industrial Average of Hong Kong"". Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index, which is now globally recognised as the leading benchmark for"
"Kong ranked fourth on the Tax Justice Network's 2011 Financial Secrecy Index. The Hong Kong Government was the fourth highest ranked Asian government in the World Economic Forum's Network Readiness Index (NRI), a measure of a government's information and communication technologies in 2016, and ranked 13th globally. The Hong Kong Stock Exchange is the sixth largest in the world, with a market capitalisation of about US$3.732 trillion as of mid-2017. In 2006, the value of initial public offerings (IPO) conducted in Hong Kong was second highest in the world after London. In 2009, Hong Kong raised 22 percent of IPO"
"Stock Exchange of Hong Kong Limited (the Exchange) was incorporated in 1980 and trading on the Exchange finally commenced on 2 April 1986. Since 1986, a number of major developments have taken place. The 1987 market crash revealed flaws in the market and led to calls for a complete reform of the Hong Kong securities industry. This led to significant regulatory changes and infrastructural developments. As a result, the Securities and Futures Commission (SFC) was set up in 1989 as the single statutory securities market regulator. The market infrastructure was much improved with the introduction by the Exchange of the"
"twice annually. There are some other indices like the IBEX TOP DIVIDENDO which represents the stocks with the highest dividend. Madrid Stock Exchange General Index The Madrid Stock Exchange General Index (IGBM) is a capitalization-weighted stock market index that measures the performance of a selected number of continuous market stocks. It is the principal index for the Bolsa de Madrid (Madrid Stock Exchange) and represents the construction, financial services, communications, consumer, capital/intermediate goods, energy and market service sectors. The index was developed with a base value of 100 as of December 31, 1985. The IBEX 35 is a market capitalization"
"Hong Kong Stock Exchange (SEHK) starting in early 2018. While based in the US, the company has numerous corporate and business relationships with China, and it has been reported that a listing on the SEHK could make it easier for Chinese companies to invest in Hollywood films. STX was valued at $1.5 billion in 2016. In September 2017, the ""Wall Street Journal"" stated that the company could be valued at $3.5 billion after raising an additional $500 million following the IPO. At the end of November 2017, John Malone's Liberty Global invested an undisclosed amount of money in the company,"
"the highest shares in the Hong Kong newspaper market, while the ""Hong Kong Economic Times"" is the best-selling financial newspaper. ""The Standard"", a free tabloid with a mass market strategy, is the most widely circulated English newspaper by a significant margin. Its rival, ""South China Morning Post"", Hong Kong's newspaper of record, has the most paid subscribers among English-language papers in Hong Kong. Since its purchase by Malaysian tycoon Robert Kuok's Kerry Media ""The South China Morning Post"" has gradually become pro-China, pro-establishment publication. It was announced on 11 December 2015 that Alibaba Group would acquire the ""South China Morning"
"fastest growing stock exchange in Asia. The physical trading floor at Exchange Square (Hong Kong) closed in 2017, due to the shift towards electronic trading. By 2014, it accounted for less than 1% of trade volume. The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subsequently calls for the formation of a unified stock exchange. The"
"NZX 50 Index The NZX 50 Index (NZ50) is the main stock market index in New Zealand. It comprises the 50 biggest stocks by free-float market capitalisation trading on the New Zealand Stock Market (NZSX). The calculation of the free-float capitalisation excludes blocks of shares greater than 20% and blocks between 5% and 20% that are considered strategic. The index was introduced as the NZSX 50 Index in March 2003 and replaced the NZSE 40 Index as the headline index. It was renamed the NZX 50 Index in late 2005. The NZSE 40 Capital Index replaced the Barclays index in"
"and IBM formed global strategic alliance and collaborated in the various markets & aspects such as SOA, marketing, consulting and application services, SaaS, cloud computing and e-commerce. Kingdee Kingdee International Software Group Limited （）is a Hong Kong Stock Exchange main board listed company, China software industry leader，leading enterprise management software company in the Asia-Pacific region. It was founded in August 8, 1993 & headquartered in Shenzhen, China. On 15 February 2001, Kingdee International was listed on the Hong Kong Stock Exchange GEM with stock code 8133.HK. 20 July 2005, it transferred to Hong Kong Stock Exchange main board with stock"