The Hang Seng China Enterprises Index (HSCEI) saw a marginal gain, closing at 7,305.36 HKD, up by 1.44 points or 0.02% on December 27, 2024, as per market data.
The HSCEI ended the trading session with a slight upward move, reflecting a subdued market sentiment as the year nears its close. While the index recorded minimal daily growth, the broader performance over longer periods showcases a robust recovery trend. Over the past year, the index surged by 30.04%, and on a year-to-date basis, it has climbed 25.84%.
Notably, the last six months have shown consistent momentum, with a 16.56% increase, signaling improving investor confidence in Chinese enterprises listed in Hong Kong. In the past month alone, the HSCEI grew by 6.51%, while the five-day trend reflected a 3.02% gain.
However, the five-year performance remains a point of concern, with the index down by 34.80% in that period. This contrasts starkly with the all-time growth of 193.95%, underlining the volatility the index has experienced in recent years.
Key data:
- Closing value (Dec 27, 2024): 7,305.36 HKD
- Daily change: +1.44 (+0.02%)
- 5-day change: +3.02%
- 1-month change: +6.51%
- 6-month change: +16.56%
- Year-to-date change: +25.84%
- 1-year change: +30.04%
- 5-year change: -34.80%
- All-time change: +193.95%
Disclaimer:
This article is for informational purposes only. Readers should not consider it as financial or investment advice. Always consult a professional before making financial decisions.