The Stock Exchange plays a big part in the investing world. For instance, if you plan on investing in securities and assets related to Hong Kong, you may want to consider the Hong Kong Stock Exchange.
But what exactly is the Hong Kong Stock Exchange? Let's get into it!
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong.
It is the world's largest bourse by market capitalization, surpassing Chicago-based CME. By the end of 2020, it has 2538 listed companies with a market capitalization of HK$47 trillion. It's also the fastest-growing stock exchange in Asia.
The Hong Kong Stock Exchange Index is the Hong Kong Hang Seng Index. It is a free-float capitalization-weighted index of selected companies from the SEHK.
Its components get divided into four other subindices. These four are Commerce and Industry, Finance, Utilities, and Properties.
By the end of 2020, the Hong Kong Stock Exchange has 2538 listed companies. Further, it has a market capitalization of HK$47 trillion.
Among the best companies listed in it are the following:
The Hong Kong Stock Exchange is open during weekdays. It operates from Monday through Friday from 9:30 am to 12:00 pm and 1:00 pm to 4:00 pm Hong Kong Standard Time.
It closes for the lunch break from 12:00 pm to 1:00 pm. It also closes during weekends and holidays.
A stock exchange is crucial for every investor for many reasons. For instance, it's the location that brings corporations and governments, allowing investors to buy and sell equities.
You must understand the stock exchange because it's where you'll find the opportunities that suit your preference.
Isn't Hong Kong Stock Exchange right for you? Check its best alternatives.