The MSCI Hong Kong Index is a
capitalization-weighted stock index
In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market perform ...
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
MSCI Inc. (formerly Morgan Stanley Capital International) is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and ...
.
Constituents
As of April 2018, the ten largest companies constituting the index included AIA group, Hong Kong exchange and clearing, CK Hutchison holdings, Sun Hung Kai properties, CK Asset holdings, Galaxy entertainment group, Link REIT, Hang Seng bank, BOC Hong Kong holdings and Hong Kong China gas, accounting for a market capitalization of US$ 320 billion.
References
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External links
MSCI Official website
Hong Kong stock market indices