Which exchange is Hang Seng Index?
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The Hang Seng Index, or HSI, is a free-float market capitalization-weighted index of the largest companies that trade on the Hong Kong Exchange (HKEx).
The HSI is widely considered to be the benchmark equity market index for Hong Kong and often a barometer of Asian markets more generally.
The index launched in 1969. Its base period was July 31, 1964, when it was valued at 100. HSI aims to reflect the leadership of the Hong Kong exchange and covers approximately 65% of its total market capitalization.
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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 are listed on the Hong Kong Exchange.
The Hang Seng Index is listed on the Hong Kong Stock Exchange (HKEX).