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Hang Seng Index
/ hæŋ sɛŋ /
noun
- an index of share prices based on an average of 33 stocks quoted on the Hong Kong Stock Exchange
Word History and Origins
Origin of Hang Seng Index1
Example Sentences
European markets closed lower after Asian share indexes nosedived, with Hong Kong's Hang Seng index falling by more than 13%, its biggest one-day fall since 1997.
Markets across Asia had fallen sharply after Trump's announcement, with the Nikkei in Japan closing down nearly 3% and Hong Kong's Hang Seng index 1.5% lower.
Hong Kong's Hang Seng Index was down 1.3%, Japan's Nikkei 225 was 2.4% lower, South Korea's Kospi tumbled 3% and Australia's ASX 200 was 1.8% lower.
In Hong Kong, the Hang Seng Index jumped about 1.7%, while South Korea's Kospi rose more than 1%.
Hong Kong’s Hang Seng index jumped 1.2% to 18,446.05 and the Shanghai Composite index was up 0.3% at 3,099.72.
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