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. The Hang Seng Index is calculated by the weighted capital market value method. There are 33 constituent stocks in the index. 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.
65438+ 10 8 According to Hong Kong media reports, the Hong Kong Stock Exchange (00388)
Announced the market overview of 65438+February last year. At the end of last year, the total market value of the securities market was 25.07 trillion yuan, a year-on-year increase of 4%. Last year, the average daily turnover was 69.456 billion yuan, up 1 1% from 62.560 billion yuan in 20 13 years. Last June, 5438+February, the average daily turnover of Hong Kong stocks was 97.027 billion yuan, up 24% year-on-year.
In 20 14, the average daily turnover of exchange-traded funds was 4.727 billion yuan, a record high, up 28% from 3.7065438 billion yuan in the same period last year. Last year, the initial public offering raised 22,7741100 million yuan, an increase of 35% compared with 20/kloc-0 1.6896 billion yuan in 2003. There were 22 new listed companies 122, a record high, and it was13 years.
According to HKEx statistics, the average daily trading volume of futures and options in 20 14 reached a record high of 576,700 lots, up 8% from 532,900 lots in 20 13.
The average daily turnover of the entire Hong Kong stock market is tens of billions, so the Hang Seng Index shows that the turnover is only tens of billions.
In view of the increasing concern of the Hong Kong stock market and the increasing demand for related hedging instruments, the Hong Kong Futures Exchange launched the Hang Seng Index Futures Contract as early as May 1986, and then launched the Hang Seng Index Option Contract in March 1993. 1997, the trading volume of Hang Seng Index futures ranked sixth in the world. Stock index futures contracts are based on Hang Seng Index and its four sub-indices: real estate, public utilities, finance and industry and commerce. The contract is divided into four months, namely the current month, the next month and the last two quarters. It is April, so 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 becomes May contract, June contract, September contract and 65438+February contract, and then goes back and forth. The contract value is equal to the current settlement price of the contract multiplied by HK$ 50. The contract delivery date of the current month is the penultimate trading day of each month. The settlement date is the last trading day of each month.