The former British colony of Hong Kong is a special administrative region in the southeast of China and is known for its business and financial sector. The Hang Seng benchmark index, which is one of the most important stock indices in Asia, lists the 50 leading companies on the Hong Kong stock exchange, including world-famous corporations from Hong Kong as well as mainland China and abroad. We present a selection of stocks from the Hong Kong Stock Exchange in this article.
By the way: Hong Kong shares are available at CapTrader directly at the Stock Exchange of Hong Kong (SEHK) from 20.00 HLD Order fee tradable.
Tencent
- Company: Tencent Holdings Ltd
- Symbol (TWS): 700
- ISIN: KYG875721634
- Stock Exchange: Stock Exchange of Hong Kong (SEHK)
- Country: Hong Kong
- Currency: Hong Kong Dollar (HKD)
- Market capitalization: 2872 billion HKD / 366 billion USD
- Sales (TTM) in USD: 560.29 billion
Tencent is one of the best-known Chinese Internet companies and is headquartered in the Shenzhen Special Economic Zone, which borders Hong Kong to the south and is known for its electronics and telecommunications industry. Tencent is very broadly positioned. Its fields of activity include instant messaging services, social networks, Internet commerce, online advertising, gaming, online games, FinTech and cloud services, film and television production and much more. Its best-known products include the WeChat platform and games such as League of Legends, Fortnite and Call of Duty. After showing strong price increases in 2019 and 2020, the Tencent share has been in a downward trend since the beginning of 2021 and has lost over 50 % in value. For long-term investors, the share may therefore be back at an attractive buying level.
Xiaomi
- Company: Xiaomi Corp
- Symbol (TWS): 1810
- ISIN: KYG9830T1067
- Stock Exchange: Stock Exchange of Hong Kong (SEHK)
- Country: Hong Kong
- Currency: Hong Kong Dollar (HKD)
- Market capitalization: HKD 291.43 billion / USD 37.16 billion
- Sales (TTM) in USD: 324.79 billion
Xiaomi is an electronics company headquartered in Beijing and is the third largest smartphone manufacturer in the world. In addition, the company offers various electronic devices such as laptops, headphones, televisions, cameras, Iot hardware products, smart home products such as vacuuming and mopping robots and much more. Especially in the smartphone market, the competition from companies such as Apple, Samsung and Google is fierce, and one of the features of Xiaomi products is the much cheaper price. Just like the Tencent stock, Xiaomi has been going downhill continuously for the past year and a half. However, the share price has stabilized since May 2022 and is moving sideways at the time of writing this article.
Alibaba
- Company: Alibaba Group Holding Ltd
- Symbol (TWS): 9988
- ISIN: KYG017191142
- Stock Exchange: Stock Exchange of Hong Kong (SEHK)
- Country: Hong Kong
- Currency: Hong Kong Dollar (HKD)
- Market capitalization: 1905 HKD / 243 billion USD
- Sales (TTM) in USD: 852.88 billion
With a market capitalization of almost HKD 2 trillion or just under USD 250 billion, Alibaba is the largest eCommerce company in China and one of the largest online retail companies in the world. Alibaba was founded in 1999 by Jack Ma and initially consisted only of the website Alibaba.com, which is a trading platform in the business-to-business sector. In addition to the B2B trading platform Alibaba.com, the Alibaba Group now includes various subsidiaries such as the B2C trading platform AliExpress, the online auction house Taobao, the fintech company Ant Financial, the online payment system Alipay and several other companies.
AIA Group
- Company: AIA Group Ltd
- Symbol (TWS): 1299
- ISIN: HK0000069689
- Stock Exchange: Stock Exchange of Hong Kong (SEHK)
- Country: Hong Kong
- Currency: Hong Kong Dollar (HKD)
- Market capitalization: 915.4 billion HKD / 116.72 billion USD
- Sales (TTM) in USD: 46.36 billion
Another heavyweight of the Hang Seng Index is the insurance provider AIA Group. The company is one of the world's top-selling insurance companies and has been active in Asia for more than 100 years, mainly offering health insurance, accident insurance and life insurance. Its customers include both private individuals and companies. In addition, the AIA Group offers asset management services. In the long term, the company should benefit from a growing middle class and rising incomes in Asia.
Sunny Optical
- Company: Sunny Optical Technology Group Co Ltd
- Symbol (TWS): 2382
- ISIN: KYG8586D1097
- Stock Exchange: Stock Exchange of Hong Kong (SEHK)
- Country: Hong Kong
- Currency: Hong Kong Dollar (HKD)
- Market capitalization: HKD 132.17 billion / USD 16.85 billion
- Sales (TTM) in USD: 34.64 billion
A rather unknown member of the Hang Seng Index in this country is Sunny Optical. Sunny, as the company is called for short, develops, produces and sells optical devices such as lens modules, special lenses for cameras and smartphones as well as lenses for surveying instruments and microscopes. Sunny Optical is a supplier for major Chinese smartphone brands such as Huawei, Oppo and Vivo and has research and development centers in North America, Japan, Singapore, South Korea and Taiwan.