Hang Seng (China)

China is a communist country with the largest population in the world at 1.3 billion.  Initially Chinese companies listed their shares on the Hong Kong exchange but today some Chinese stocks list only on the exchange in Shanghai.  Hong Kong and China have a long history of commercial dependence prior to the 1997 hand over of Hong Kong from Britain.  The "Hang Seng", developed by the Hang Seng Bank, is an index of companies listed on the Hong Kong exchange.  It tracks 42 companies from both HK and China and contains most of the Chinese commercial giants.  Hong Kong keeps its HK Dollar pegged to the US Dollar.  The rest of China uses the Yuan (also known as the RMB) but this is a tightly managed currency and not widely traded.

10.7%

GDP Annual
(Q4, 2009)

5.31%

Interest Rate

4.3%

Unemployment Rate