Hang Seng China A Industry Top Index (HSCAIT) is one of the Hong Kong stock market indexes produced by the
Hang Seng Indexes Company Limited
Hang Seng Indexes Company Limited (HSI) is a private company in Hong Kong and wholly owned by Hang Seng Bank. HSI was founded in 1984 and is the major provider of stock market indexes on Hong Kong and China stock markets such as in Shanghai and ...
. HSCAIT was launched on 21 Sep 2009. It is used to reflect the performance of A-share index that captures all the industry leaders in mainland China. The performance of industry leaders in each of the 11 industries under the Hang Seng Industry Classification System is tracked through this index.
Features
Key features of HSCATT include the following:
*Reflects the performance of leading companies in each of the 11 industries under the Hang Seng Industry Classification System
Hang Seng Industry Classification System (“HSICS”). Extracted 2018-06-07
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*It is the first A-share index that adopts both market capitalisation and fundamental factors such as revenues and net profits as the constituent stocks selection criteria
*Up to a maximum of five companies are selected from each industry
*It has a more balanced industry distribution and offers a more diversified exposure to the A-share market
*Stocks are freefloat-adjusted with a 10% cap on each constituent
See also
* Hang Seng Index
* Hang Seng Composite Index
References
{{Reflist
External links
Official website
Hang Seng Index
Hang Seng Bank stock market indices