What does the Hang Seng Index mean? The Hang Seng Index is a very important index in the stock funds. Many financial novices do not understand the meaning of the Hang Seng Index. Today, we will briefly explain what the Hang Seng Index means.
Hang Seng Index: an index specialized in investing in large listed enterprises in Hong Kong
The Hong Kong stock market is also a very mature stock market, which has existed for more than half a century. It is among the top in the world in terms of scale and influence. Hong Kong has two major equity fund indices, Hang Seng Index As for H-share index, there are many fund companies in the mainland that have developed relevant index funds. We can buy index funds just like other index funds, such as RMB.
The Hang Seng Index selects the 50 largest enterprises in the Hong Kong stock market, which is very similar to the Shanghai Stock Exchange 50. The Hang Seng Index has a long history, stable income and reasonable valuation distribution. It is an old and excellent index. As we know, Tencent and China Mobile are components of the Hang Seng Index.
In Hong Kong, the local Hang Seng Index Fund is TraHK Fund. If you are a friend in Hong Kong, you can open a securities account to invest in TraHK Fund. TraHK is legendary. When the Asian financial crisis hit, Soros and other international consortia attacked the Hong Kong financial market. In order to resist the financial crisis, the Hong Kong government took the initiative to buy a large number of stocks to maintain market stability. After the crisis passed, the financial market was still fragile. In order to avoid the impact of selling stocks on the market, the Hong Kong government, With these stocks, TraHK Fund was established. Now TraHK Fund is a Hang Seng Index Fund that can be invested locally in Hong Kong.
But TraHK Fund is very troublesome to invest. Ordinary investors in the mainland can invest in the mainland Hang Seng Index Fund, and there are Huaxia Hang Seng ETFs on the market; Off site is Huaxia Hengsheng ETF connection.
