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The Hang Seng index is a barometer of Hong Kong Stock Market. It constitutes 33 blue chip stocks with commerce and industry sector having a highest weight of around 48%.
The constituent stocks are grouped under commerce & industry, finance, properties and utilities sub-indexes. The aggregate market capitalisation of these stocks accounts for about 70% of the total market capitalisation on The Stock Exchange of Hong Kong Limited (SEHK).
Global stock markets rose on the final trading day, recouping losses from earlier in the week, as the dollar steadied against other currencies.
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All in all, there are no reasons to worry on this front as of now. But this is a problem, which needs to be contained in the bud, to avoid future problems.
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