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Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
Asian shares mostly declined Wednesday after Wall Street sank, hitting the brakes on what’s been a nearly unstoppable romp. Hong Kong's Hang Seng lost 0.6% to 16,832.52, while the Shanghai ...
Yahoo! ( / ˈjɑːhuː /, styled yahoo! in its logo) [ 4][ 5] is an American web services provider. It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications . It provides a web portal, search engine ...
Hang Seng China Enterprises Index. Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip . H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainland China; all of these companies were majority owned by the central ...
Hong Kong's financial secretary Paul Chan will attend an APEC meeting on Nov. 15-17 in San Francisco, it said on Tuesday, standing in for Chief Executive John Lee and smoothing over a ...
(Bloomberg) -- Hong Kong Financial Secretary Paul Chan tested positive for Covid-19 while overseas, casting doubt on whether he’ll make it back in time for a banking summit next week that’s ...
Hong Kong portal. v. t. e. The Hong Kong Economic Times (abbreviated as the HKET) is a financial daily newspaper in Hong Kong. It was founded by Lawrence S P Fung ( Chinese: 馮紹波; Chairman), Perry Mak (Managing Director), Arthur Shek Kang-chuen ( Chinese: 石鏡泉; Executive Director) and others. It started with a HK$ 20 million ...
Chan also said Hong Kong's stock market was inevitably subject to some volatility amid a recent mainland crackdown on some industries, but that he believed any setback would be temporary. With ...