Best Brokers for Trading the Hang Seng Index

Written by BrokerNotes.co

October 10, 2023

Hang Seng (HSI) Index

The Hang Seng Index (HSI or HK50), follows the movements of largest and most liquid stocks listed on the Hong Kong Stock Market (HKEx). The 50 companies included represent approximately 60% of the entire Hong Kong Stock Exchange. HSI is the main indicator for determining the overall performance of the Hong Kong stock market. The index was launched on the 24th November 1969 and was backdated to 31st July 1964.

The HSI represents companies from Hong Kong and Mainland China from 11 different industries. These industries include energy, materials, industrials, consumer goods, consumer services, telecommunications, utilities, financials, properties & construction, information technology and conglomerates. The largest industry representation within the index is financials. This industry comprised 48.2% of the HSI as at June 2017.

Quer ler este guia em português? Clique aqui

Which companies are listed on the HSI?

The HSI is reviewed on a quarterly basis in order to determine if the index needs to be changed or adjusted.

Companies are added or removed from the index according to their free float market capitalisation. The formula for market capitalisation involves multiplying the stock price by the number of shares outstanding. In determining market capitalisation, all shares are included. The index is comprised of A shares, B shares, H shares, Red Chip and P Chip (see notes).

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Forex Brokers for Trading the HSI

Here are the best forex brokers for trading the HSI.

• IG - 9.9/10 Overall
• Saxo Bank - 9.7/10 Overall
• Interactive Brokers - 9.9/10 Overall
• CMC Markets - 9.6/10 Overall
• TD Ameritrade - 9.3/10 Overall
• FOREX.com - 9.4/10 Overall
• City Index - 9.3/10 Overall
• XTB - 9.1/10 Overall
• eToro - 8.8/10 Overall