If you’ve never traded the HK50, you might be missing out on a great opportunity to capitalize on economic growth in a promising foreign market.
Although the Hong Kong Stock Exchange is the third-largest stock exchange in Asia, and the sixth largest in the world, it often gets overshadowed by the Chinese and Japanese markets—not to mention the markets in New York and London. But seasoned investors are aware of the trading opportunities available in Hong Kong, especially with the HK50.
The Hang Seng Index, or HK50, tracks the 50 largest and most liquid companies on the Hong Kong Stock Exchange (HKSE), offering a reliable reflection of the economic strength of Hong Kong as well as China.
Here’s an overview of the HK50, including a primer on how to approach trades in this market.Read More