Hang Seng Index Stocks List

List of Hang Seng Index Stocks

The Bullish Bears break down a list of the Hang Seng Index stocks and companies, ETFs, and futures. When you think of the Chinese Economy, you should think of the Hang Seng Index—named after the largest bank, one of Hong Kong’s largest listed companies founded in 1993. Hang Seng means “ever-growing,” which is incredibly fitting because that is what banks and YOUR investments should do…right? This index is a free-floating adjusted market capitalization-weighted stock market index in China.

Hang Seng is located in Hong Kong, a major Asian city for economic activity. Hong Kong means “fragrant harbor,” probably because it has always been a hotbed for worldly trade. The Hang Seng Index records and monitors daily changes in the Hong Kong market’s largest companies. It is considered the main indicator of the overall market performance in China.

We are not affiliated with nor endorse any of these companies, and nothing on this site constitutes a recommendation to buy or sell.

Chart by TradingView

SymbolNameMarket CapSectorIndustry
700Tencent Holdings Ltd$441.17 B Communication Services Internet Content & Information
9988Alibaba Group Holding Limited$290.40 B Consumer Discretionary Internet Retail
1398Industrial & Commercial Bank of China Ltd$250.37 B Financials Banks
939China Construction Bank Corp$189.37 B Financials Banks
3968China Merchants Bank Co Ltd$185.98 B Financials Banks
857PetroChina Company Limited$144.50 B Energy Oil & Gas Integrated
3988Bank of China Ltd$141.22 B Financials Banks
5HSBC Holdings plc$140.15 B Financials Banks
941China Mobile Ltd$139.30 B Communication Services Telecom Services
2318Ping An Insurance (Group) Company of China Ltd$134.25 B Financials Insurance—Life
1299AIA Group Ltd$125.16 B Financials Insurance—Life
3690Meituan$114.28 B Consumer Discretionary Internet Retail
1211BYD Co Ltd$104.42 B Consumer Discretionary Auto Manufacturers
9618JD.com, Inc.$90.46 B Consumer Discretionary Internet Retail
386China Petroleum & Chemical Corporation$78.39 B Energy Oil & Gas Integrated
883CNOOC Limited$60.19 B Energy Oil & Gas E&P
9999NetEase, Inc.$59.76 B Communication Services Internet Content & Information
388Hong Kong Exchanges & Clearing Ltd$59.75 B Financials Financial Data & Stock Exchanges
1810Xiaomi Corp$43.10 B Technology Consumer Electronics
11Hang Seng Bank Limited$41.47 B Financials Banks
2388BOC Hong Kong Holdings Ltd$39.99 B Financials Banks
16Sun Hung Kai Properties Ltd$35.04 B Real Estate Real Estate—Development
1876Budweiser Brewing Company APAC Ltd$34.73 B Consumer Staples Beverages—Brewers
66MTR Corp Ltd$33.66 B Industrials Railroads
1109China Resources Land Ltd$33.26 B Real Estate Real Estate—Development
688China Overseas Land & Investment Ltd$32.49 B Real Estate Real Estate—Development
2269WuXi Biologics$32.41 B Healthcare Biotechnology
267CITIC Ltd$32.33 B Industrials Conglomerates
2020ANTA Sports Products Ltd$32.20 B Consumer Discretionary Leisure
960Longfor Group Holdings Ltd$31.98 B Real Estate Real Estate—Development
669Techtronic Industries Company Ltd$28.75 B Industrials Tools & Accessories
1CK Hutchison Holdings Ltd$27.94 B Industrials Conglomerates
2CLP Holdings Ltd$25.29 B Utilities Utilities—Regulated Electric
1113CK Asset Holdings Limited$25.21 B Real Estate Real Estate—Development
27Galaxy Entertainment Group Ltd$25.17 B Consumer Discretionary Resorts & Casinos
3The Hong Kong and China Gas Company Ltd$22.54 B Utilities Utilities—Regulated Gas
2319China Mengniu Dairy Co Ltd$21.17 B Consumer Staples Packaged Foods
2331Li Ning Co Ltd$20.75 B Consumer Discretionary Leisure
291China Resources Beer (Holdings) Company Ltd$19.84 B Consumer Staples Beverages—Brewers
12Henderson Land Development Co Ltd$19.67 B Real Estate Real Estate Services
2313Shenzhou International Group Holdings Ltd$19.50 B Consumer Discretionary Textile Manufacturing
1928Sands China Ltd$18.52 BConsumer DiscretionaryResorts & Casinos
823Link Real Estate Investment Trust$18.27 B Real Estate REIT—Retail
1038CK Infrastructure Holdings Ltd$17.81 B Utilities Utilities—Regulated Electric
2007Country Garden Holdings Co Ltd$16.71 B Real Estate Real Estate—Development
2382Sunny Optical Technology Group Co Ltd$16.59 B Technology Electronic Components
2688ENN Energy Holdings Ltd$16.33 B Utilities Utilities—Regulated Gas
1997Wharf Real Estate Investment Company Ltd$15.34 B Real Estate Real Estate Services
968Xinyi Solar Holdings Ltd$15.26 B Technology Solar
175Geely Automobile Holdings Ltd$15.06 B Consumer Discretionary Auto Manufacturers
762China Unicom Hong Kong Ltd$14.76 B Communication Services Telecom Services
6Power Assets Holdings Ltd$14.05 B Utilities Utilities—Independent Power Producers
1093CSPC Pharmaceutical Group Ltd$13.63 B Healthcare Drug Manufacturers—General
6098Country Garden Services Holdings Company Ltd$13.32 B Real Estate Real Estate Services
1177Sino Biopharmaceutical Ltd$11.95 B Healthcare Biotechnology
17New World Development Company Ltd$10.47 B Real Estate Real Estate—Diversified
6862Haidilao International Holding Ltd$9.77 B Consumer Discretionary Restaurants
868Xinyi Glass Holdings Ltd$9.25 B Industrials Building Products & Equipment
288WH Group Ltd$9.04 B Consumer Staples Packaged Foods
101Hang Lung Properties Ltd$9.03 B Real Estate Real Estate Services
241Alibaba Health Information Technology Ltd$8.49 B Healthcare Pharmaceutical Retailers
1044Hengan International Group Co Ltd$5.39 B Consumer Staples Household & Personal Products
2628China Life Insurance Co. Ltd$5.22 B Financials Insurance—Life
2018AAC Technologies Holdings, Inc.$2.86 B Technology Communication Equipment

Hang Seng ETF List

SymbolName
EWHIShares MSCI Hong Kong ETF 
FXIIShares China Large-Cap ETF
FHK First Trust Hong Kong AlphaDEX ETF 
TAOGuggenheim China Real Estate ETF 
HAHACSOP China CSI 300 A-H Dynamic ETF

Hang Seng Futures Symbol

SymbolName
HSIHANG SENG INDEX FUTURES
Hang Seng Index List

What Is the Hang Seng Index?

Hang Seng Index was established in 1933 and served over 3.5 million residents with roughly 280 branches in Hong Kong. Hang Seng’s parent company is HSBC, which presently owns a more than 60% equity interest in the bank.

China is a socialist country and thus has a socialist economic system controlled by the People’s Republic of China. The system is based on the predominance of public ownership and state-owned enterprises within the market economy. The Chinese military is expanding, especially its naval forces in the South Sea, and escalating geopolitical tensions. How will this affect the stock market? That is yet to be seen. No country wants war, but it does appear that the military buildup has caught the attention of the US and other nations.

China is a major exporter. Their top exports are broadcasting equipment, computers ($AAPL devices), and office machine parts (like Xerox). Semiconductors (hello $AMD) and telephones (mostly cell phones). Also, furniture, lighting, and miscellaneous plastics and plastic items. 

Is Hong Kong Part Of China?

It’s time for a little history lesson here. In 1977, the United Kingdom transferred sovereignty to China, and Hong Kong became China’s Special Administrative Region (SAR). For official purposes, Hong Kong is considered a part of China. 

However, Hong Kong operates under a “one country, two systems” principle. Hong Kong is granted significant autonomy, enabling it to maintain its legal, economic, and political systems. Additionally, Hong Kong has its government, legal system, and currency, and it can participate in international organizations while independently maintaining external relations.

While Hong Kong is a part of China, it retains a distinct identity and enjoys certain privileges and liberties not found in other parts of China. These include greater freedom of speech, press, and assembly, as well as a separate immigration policy and separate representation in international sporting events.

Vulnerable Hang Seng index

The Hang Seng Index is in a selloff, plunging in value every week in 2024. It reached a 14-month low of $15,904, its lowest since October 2022. These dismal numbers make the Hang Seng Index one of the top underperforming indexes globally.

Why Is the Hang Seng Index Plunging?

1. Economic Growth Concerns

Many of the companies listed on the Hang Seng Index are linked to economic growth in China. Weakening economic growth in China has raised concerns about the future of the companies in the Index. One contributing factor is the decline in major Chinese stock prices, including companies like Tencent and Alibaba. This downward pressure on Chinese stocks has significantly impacted the HSI.

2. Evergrande Crisis

The HSI is particularly sensitive to developments in the property sector. This sensitivity is due to the high number of property-related companies on the Index. Evergrande, being one of China’s largest property developers, plays a crucial role in the sector’s overall health. 

The Evergrande crisis began to unfold in 2020 when concerns arose about their massive debt levels and liquidity issues. The company had invested significant debt to fund its expansion and land acquisitions. Because of this, they struggled to meet their payment obligations. As of late 2023, they owed more than $325 billion. 

Understandably, the crisis surrounding China Evergrande Group has hurt the HSI. Evergrande’s financial difficulties and potential default on its debt triggered a broader selloff, leading to a decline in the HSI. 

Overall, the uncertainties and potential risks associated with Evergrande’s financial situation have weighed heavily on investor sentiment, contributing to the HSI decline.

3. Political Uncertainty

Hong Kong, an international financial center, relies heavily on trade and global economic conditions. Unfortunately, the ongoing trade disputes between the United States and China contribute to the region’s uncertainty and market volatility. Furthermore, the continuing political unrest in Hong Kong and tensions between China and other countries have added to the unease in the market. 

4. Trade Disputes 

Trade disputes between Hong Kong, China, and the United States have arisen due to various factors. One primary reason is that the United States treats Hong Kong as part of mainland China in terms of trade. Historically, Hong Kong has enjoyed a special trade status with the United States, which treated it separately from mainland China. However, the change in Hong Kong’s treatment occurred due to concerns about China’s tightening grip on the region and the erosion of its autonomy.

As a result, the United States has implemented policies that treat Hong Kong as part of mainland China, impacting trade relationships and potentially affecting economic activities between the two.

Intellectual property rights, market access, and technology transfer disputes also exist. These disputes have led to both sides imposing tariffs and trade barriers, creating further tensions and uncertainties.

5. Lingering Impacts of Covid

I don’t think the Hang Seng Index is alone in experiencing the lingering impacts of the COVID-19 pandemic. Worldwide, the pandemic has caused disruptions to global supply chains, reduced consumer spending, and weakened international trade. 

The energy sector, particularly oil companies, was the worst hit by the global COVID-19 pandemic. Share prices of oil companies tanked as demand plummeted. Firstly, with workers no longer needing to commute, the demand for fuel tanked. Secondly, with the tourism industry halted, so did demand. 

Overall, the Hang Seng Index is not the only Index that did not recover fully. The London Stock Exchange (FTSE 100 index)was also slow to recover. But, as I mentioned above, the slow recovery likely has more to do with political events than the pandemic.

How to Invest in the Hang Seng Index

One way to invest in the Hang Seng Index is through ETFs. An example is the iShares Core Hang Seng Index ETF, which is designed to track the performance of the HSI. The ETF offers a low-cost and diversified exposure to the Hong Kong stock market and is listed on major global stock exchanges. Another option is index funds, such as the Hang Seng Index Fund offered by HSBC, which invests in a basket of stocks listed on the HSI.

Frequently Asked Questions

Hong Kong. The Hang Seng Index (HSI) is a stock market index. It represents the performance of the largest companies listed on the Hong Kong Stock Exchange. 

The Hang Seng Index is important because it closely monitors every stock change in China's stock market. It's then recorded, and investors/traders have a good idea of market sentiment.

The Hang Seng Index monitors the 50 most profitable Chinese companies. It's also known as the China 50 Index. 

As its name suggests, the Hang Seng Index is specifically for Hong Kong. Hong Kong is a Special Administrative Region (SAR) of China.

The highest Hang Seng Index was 33223.58 points, reached on January 26, 2018.

The HSI is a free-float-adjusted, market-capitalization-weighted index that tracks the daily changes in stock prices of 50 of the largest Hong Kong stock market companies. It is helpful as it's a vital indicator of the overall market performance in Hong Kong. 

For many reasons, from economic growth concerns, political uncertainty, and the lingering impact of COVID-19 to the Evergrande crisis. 

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