The Hang Seng Index is an indicator of the changes of blue-chip stocks in Hong Kong and a widely watched index in Asia. At the same time, it is also widely used as a standard to measure the performance of funds.

Hang Seng Index futures constituent stocks

The Hang Seng Index is calculated by the weighted capital market value method, with a total of 33 constituent stocks. The 33 constituent stocks belong to four sub-indices of industry and commerce, finance, real estate and public utilities respectively, and the total market value accounts for about 70% of the total market value of all listed stocks on the Hong Kong Stock Exchange.

Development of Hang Seng Index Futures

1986 May, Hang Seng Index futures contract of Hong Kong Futures Exchange.

1993 March, Hang Seng Index Option Contract.

1997, the trading volume of Hang Seng Index futures reached the sixth place in the world.

Stock index futures contracts are based on Hang Seng Index and its four categories: real estate, public utilities, finance and industry and commerce.

Hang seng index futures contract

The contract is divided into four months, namely the current month, the next month and the last two quarters. The contract value is equal to the current settlement price of the contract multiplied by HK$ 50.

If the month is April, the contract is divided into Hang Seng Index in April, Hang Seng Index in May, Hang Seng Index in June and Hang Seng Index in September. After the cash delivery of April contract, the contract will become May contract, June contract, September contract and 65438+February contract, and then cycle.