The Hang Seng Index (HSI) stands as a free-float market capitalisation-weighted index encompassing the sixty most influential companies trading on the Hong Kong Exchange (HKEx).
The HKEx itself ranks among the world’s largest stock exchanges, boasting an aggregate market capitalization exceeding $38 trillion as of 2022. Functioning as a pivotal gauge for the Hong Kong equity market, the HSI is often regarded as a broader indicator reflecting trends in Asian markets. As a key player in Hong Kong’s financial landscape, the Hang Seng Index serves as a widely recognized barometer for the region’s economic health, frequently employed as a benchmark by investors navigating the dynamic Hong Kong market.
Given the intricate economic ties between Hong Kong and China, where the former operates as a special administrative region, the index also reflects the listing of numerous Chinese companies on the Hong Kong Exchange. Using Seasonax you can filter the index with just a few clicks to see some excellent seasonal trading opportunities!
The major trade risk here is that previous seasonal patterns do not necessarily repeat themselves each year.
Remember, don’t just trade it Seasonax it!