What is a Mid Cap Stock?
Hang Seng Midcap 50 Index. Abbreviation: HSMCI. The index compiled by Hang Seng Index Company, a wholly-owned subsidiary of Hong Kong Hang Seng Bank, reflects the trend of stock prices of medium-sized companies listed on the Hong Kong Stock Exchange and consists of 50 constituent stocks. The selection criteria for medium-sized enterprises are listed companies with a market value of HK $ 2-6 billion.
Hang Seng 50 Mid Cap Index
Right!
- Chinese name
- Hang Seng 50 Mid Cap Index
- Foreign name
- Hang Seng Midcap 50 Index
- Abbreviation
- HSMCI
- Reflection
- Trends in stock prices for medium-sized companies
- Hang Seng Midcap 50 Index. Abbreviation: HSMCI. The index compiled by the Hang Seng Index Company, a wholly-owned subsidiary of Hong Kong Hang Seng Bank, reflects the trend of stock prices of medium-sized companies listed on the Hong Kong Stock Exchange and consists of 50 constituent stocks. The selection criteria for medium-sized enterprises are listed companies with a market value of HK $ 2-6 billion.
- The mid-cap index is based on January 2, 1998 as the base date, and the closing price on that day (that is, 1000 points) as the benchmark value. The benchmark value of the index is the same as the benchmark value of the original index (based on the closing price on January 3, 1993), which is the same as 1000 points, but the total market value of the two is different.