What are Hong Kong stocks:
Hong Kong stocks refer to stocks listed on the Stock Exchange of Hong Kong;
Overview of Hong Kong securities market
Hong Kong securities The history of trading can be traced back to 1866, but it was not until the establishment of the Hong Kong Brokers Association in 1891 that Hong Kong established its first formal stock market. From 1969 to 1972, Hong Kong established the Far East Exchange, the Gold and Silver Stock Exchange, and the Kowloon Stock Exchange, plus the original Hong Kong Stock Exchange, forming a tripartite situation of four exchanges. In just two years from 1972 to 1973, 119 companies were listed in Hong Kong, and by the end of 1973, the number of listed companies reached 296. On July 7, 1980, four exchanges merged to form the Stock Exchange of Hong Kong. All four exchanges ceased operations after the market closed on March 27, 1986, and all operations were transferred to the Stock Exchange.
The Hong Kong market from 1986 to 2000. In 1986, the Hong Kong market began its new stage of modernization and international development. China's guarantee of Hong Kong's future has enhanced investors' confidence in Hong Kong's economy. Corporate profits and real estate prices have rebounded. The Hong Kong market has since entered a new period of development: trading varieties are diversified, market participants are becoming increasingly international, and trading methods are constantly improving. , the securities market entered a long-term prosperous bull market.
The Hong Kong securities market after 2000 Hong Kong is one of the most important financial centers in the Asia-Pacific region. The Hong Kong securities market since 2000 is growing into a global securities market. The composition of the Hong Kong securities market. The Hong Kong market includes the stock market, derivatives market, fund market, and bond market in terms of its trading types.
The main component of the Hong Kong securities market is the stock market, which is divided into the main board market and the GEM market. As of the end of 2000, the combined market capitalization of the main board and GEM markets reached HK$4.862 billion, ranking 11th among the world's major stock exchanges and second in Asia.
There are many types of derivative products in the Hong Kong market, which can be mainly divided into five categories: stock index derivatives, stock derivatives, foreign exchange derivatives, interest rate derivatives, and warrants.
Almost all funds registered in Hong Kong are open-end funds. For investors, they can get their funds back at any time and have good liquidity, which is especially attractive to overseas investors. According to the classification of the Hong Kong Monetary Authority, Hong Kong's bond market is currently divided into two categories: the Hong Kong dollar bond market and the foreign currency bond market issued and traded in Hong Kong. Among them, the Hong Kong dollar bond market is dominated by Exchange Fund bonds and bond issuance plan bonds, and the foreign currency bond market is dominated by Dragon bonds.
Relying on the rapid development of the mainland's economy, Hong Kong has become the fastest-growing international financial center in Asia. In recent years, Hong Kong Exchanges and Clearing has rapidly expanded in size and its ranking among global exchanges has continued to improve.
The Hang Seng Index is the abbreviation of the Hang Seng Index in Hong Kong, so "Hang Index Futures Contract Margin" is the definition of "Hang Index Futures Contract Margin"
H shares are also called state-owned enterprise stocks, which refer to registered Foreign-invested stocks domiciled in the Mainland and listed in Hong Kong. (H shares are called H shares because of the initials of Hong Kong in English.) H shares are physical stocks and implement a "T+0" delivery system with no price limit. Institutional investors in China can invest in H shares, but individuals in mainland China are not yet able to directly invest in H shares. In Tianjin, individual investors can directly invest in H shares by opening the "Hong Kong Stock Express" business at various Bank of China branches. However, the State Council has not yet made the final decision to open the floodgates to this business. It will take some time for individuals to directly invest in H shares. International capital investors can invest in H shares.
History
The state-owned enterprise index was launched on August 8, 1994, but the base date was later changed to January 3, 2000, and the base day index was 2,000 points. Hang Seng Index Services Limited will review the constituent stocks every six months.
On December 27, 2006, benefiting from the sharp rise in mainland A-shares during the Christmas holiday, the Hang Seng China Enterprises Index exceeded 10,000 points when the market opened. It closed at 10,255.31 points that day, an increase of 665.24 points or 6.9 points. %, breaking through 10,000 points for the first time since the Hang Seng China Enterprises Index was established. On that day, the Hang Seng China H-Share Financial Industry Index surged by 1,249.96 points or 10.6%.
On September 19, 2007, it was the first time since the establishment of the Hang Seng China Enterprises Index that it exceeded 15,200 points, reporting at 15,255.49 points.
On September 20, 2007, the Hang Seng China Enterprises Index hit a new high since its establishment, closing at 15,552.23 points, up 296.74 (1.95%)