Since its introduction in 1969, the Hang Seng Index (HSI) has been the benchmark of the SEHK. The HSI holds 33 of the stocks listed on SEHK. The aggregate market capitalisation of these stocks accounts for about 70 percent of the total market capitalisation of the SEHK. HSI stocks are all known to be blue chips.
The Hang Seng China Enterprises Index (HSCEI) serves as a benchmark that reflects the overall performance of Mainland securities listed in Hong Kong.[1] The HSCEI tracks the performance of large H-shares and contains 50 of the largest and most liquid mainland securities listed in Hong Kong.[2]
MSCI China Index tracks the performance of a basket of China-related stocks including red chips and H-shares. With 740 constituent stocks, the index covers about 85% of equities from China.
[1]Hang Seng China Enterprises Index (2022). Hang Seng Indexes Company Limited. Retrieved 21 February 2022 from https://www.hsi.com.hk/static/uploads/contents/en/dl_centre/factsheets/hsceie.pdf.
[2]Hang Seng China Enterprises Index (2022). Hang Seng Indexes Company Limited. Retrieved 21 February 2022 from https://www.hsi.com.hk/static/uploads/contents/en/dl_centre/methodologies/IM_hsceie.pdf.