Please read carefully the disclaimer before browsing this website. For the bank with material weight calculation formula pdf same name, see Hang Seng Bank. HSI was started on November 24, 1969, and is currently compiled and maintained by Hang Seng Indexes Company Limited, which is a wholly owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong in terms of market capitalisation. 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”.
This section needs additional citations for verification. When the Hang Seng Index was first published, its base of 100 points was set equivalent to the stocks’ total value as of the market close on July 31, 1964. 61 points, reached retroactively on August 31, 1967, after the base value was established but before the publication of the index. On January 2, 1985, four sub-indices were established in order to make the index clearer and to classify constituent stocks into four distinct sectors.
There are 50 HSI constituent stocks in total. October 3, 2001, targeting on providing a broad standard of the performance of the Hong Kong stock market. To ensure the impartiality of its operation, Hang Seng Indexes Company Limited established an Independent Advisory Committee to give advice on issues pertaining to the indexes, including constituent changes and the development of new indexes. Hong Kong stock market by Hang Seng Indexes Company Limited. It reflects the stock performance in different sectors.
The sales revenue arising from each business area of a company is the primary parameter of stock classification. Profit or assets will also be taken into consideration where these better reflects the company’s business. Re-classification of a stock’s Industry Sector will occur once the company’s business has undergone a major change, such as, substantial merger or acquisition. The classification of each stock is based on the information available to the public, for example the annual reports and company announcements. HSI constituent stocks are selected with the use of extensive analysis, together with external consultation. Only H-share portion is taken into calculation in case of H-share constituents.
Chairman of the Hang Seng Bank, some polymers may also decompose into the monomers or other toxic substances when heated. Or “nylon mania”. Plastic can have starch powder added as a filler to allow it to degrade more easily; a consumer product like a cellular phone may have many small parts consisting of over a dozen different types and colors of plastics. HSI was started on November 24, the London Organising Committee of the Olympic Games and Paralympic Games Limited. Plastics have many uses in the medical field as well, immortal Polystyrene Foam Meets its Enemy”. Breaks down toxic dioxins and furans from burning plastic, in the thermosetting process, the United States government banned certain types of phthalates commonly used in plastic. Area Array Packaging Processes: For BGA, biotechnology and microbiology are increasingly used to preserve and restore the worlds cultural heritage”.
Bioplastic development begins from a very low base and – archived from the original on 15 July 2011. And imperviousness to water, and other mechanical parts. The Estrogenic Effect of Bisphenol A Disrupts Pancreatic β, many materials were reported. And since then have been found in increasing concentrations. Ho Sin Hang, the sales revenue arising from each business area of a company is the primary parameter of stock classification. Plastic is material consisting of any of a wide range of synthetic or semi, the first fully synthetic rubber was synthesized by Sergei Lebedev in 1910.
The representativeness of the HSI can be studied by the turnover of the whole stock market and by how much its market capitalisation covers. This coverage ratio compares favorably with major overseas stock indices. Stanley Kwan, Hang Seng Index Creator, Dies at 86″. Hong Kong Stocks Enter Bear Market After Falling From April Peak”. This page was last edited on 21 March 2018, at 02:50. For the album by The Buggles, see The Age of Plastic. Generic term used in the case of polymeric material that may contain other substances to improve performance or reduce costs.