What are the major companies of Hang Seng?
Major Companies of Hang Seng Index
The Hang Seng Index, also known as HSI, is a benchmark index of the Hong Kong stock market. It was first published in November 1969 and consists of the 50 largest and most liquid companies listed on the Hong Kong Stock Exchange. The HSI is widely used to measure the overall performance of the Hong Kong stock market and is considered an important indicator of the region’s economic health.
Here are some of the major companies that comprise the Hang Seng Index:
Hong Kong and China-based Financial Institutions
- HSBC Holdings Plc (0005.HK): HSBC is one of the world’s largest banking and financial services organizations, serving millions of customers worldwide. It has a significant presence in Hong Kong and is a heavyweight component of the Hang Seng Index.
- AIA Group Limited (1299.HK): AIA Group is one of the largest independent publicly listed pan-Asian life insurance groups. It operates in several markets, including Hong Kong, Mainland China, and other parts of Asia-Pacific.
Property and Real Estate Companies
- Sun Hung Kai Properties Limited (0016.HK): Sun Hung Kai Properties is one of the largest property developers in Hong Kong. It engages in property development, investment, and management across residential, commercial, and industrial sectors.
- Henderson Land Development Company Limited (0012.HK): Henderson Land is another prominent property developer in Hong Kong with diverse interests in properties, hotels, restaurants, and infrastructure projects.
Consumer Goods and Retail
- CK Hutchison Holdings Limited (0001.HK): CK Hutchison is a multinational conglomerate with interests in ports and related services, retail, infrastructure, energy, and telecommunications. It operates a wide range of businesses across the globe.
- Swire Pacific Limited (0019.HK): Swire Pacific is a conglomerate with core interests in property development, aviation, beverages, marine services, and trading and industrial businesses.
Technology and Telecommunications
- Tencent Holdings Limited (0700.HK): Tencent is one of the world’s largest technology companies and operates various internet-related services and products. Its businesses include social media, online gaming, e-commerce, and digital advertising.
- China Mobile Limited (0941.HK): China Mobile is the leading telecommunications company in China, providing mobile voice and data services to millions of customers. It is also involved in other telecommunications-related businesses.These are just a few examples of the major companies listed on the Hang Seng Index. The index represents a diverse range of industries and sectors, including finance, property, retail, technology, and more. Investors and analysts closely monitor the performance of these companies as they play a crucial role in driving the Hong Kong stock market and the overall economy.