The HK50, also known as Hank Seng China 50 or China 50 index or HKG50, measures 50 of the largest Chinese companies listed on the Hong Kong and mainland China Stock Exchange.
What affects the price of Hang Seng Index Cash?
Having access to HK50 can be challenging, and traders should consider many factors to increase their trading success. They need to take note that the HK50 Index is volatile as fluctuations in the Chinese Yuan can affect the prices due to the proximity of Hong Kong to China. The economic and political changes in China can impact the price movements due to the Chinese companies dominating HK50. As a result, traders should closely watch the market and economic developments.
History Hang Seng Index Cash
The HK50 was created in 1969 by a subsidiary of Hank Seng Bank. The China 50 Index takes a cross-market approach to capture investment opportunities created by exposure to a broad China investment world. It aims to capture the Hong Kong exchange's leadership and covers almost 65% of its total market cap.
|Hang Seng Index Cash Forex Chart|
|Instrument: Hang Seng Index Cash|
|Minimum Nominal Trade Size: 1000|
|Overnight Interest (daily) Sell: -1.6 %|
|Overnight Interest (daily) Buy: -1.81%|
|Trading Hours (GMT): 24/5|
|MT5 / MT4 Symbol: HK50|
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Source - database | Page ID - 106