H-shares are stocks listed and issued in Hong Kong, which are commonly known as Hong Kong stocks.
The HSI, or Hang Seng Index, is an important indicator of Hong Kong's stock market prices and represents an indicator of the overall trend of Hong Kong stocks, similar to the Shanghai Index, Shenzhen Composite Index and GEM Index in the A-share market.
HSI's influence on H-shares:
Like the Shanghai index's influence on the A-share market, the HSI has a guiding influence on H-shares, and the movements of H-share stocks mostly follow the HSI's oscillations.
Supplementary knowledge:
World-wide high-profile stock markets: A-share (China), H-share (Hong Kong), ?N-share (New York) and S-share (Singapore).
Hang Seng Index (HSI) compilation methodology: It is a weighted average of 50 listed stocks in the Hong Kong stock market as a sample of constituents, with their issue volume as the weights, and it is the most influential kind of stock price index reflecting the trend of Hong Kong's stock market price movement. The index was first publicly released on November 24, 1969, with a base period of July 31, 1964. The base period index is set at 100.