CSSC Offshore & Marine Engineering (0317) Soars 0.59% on Dec 28 – Enbulletin

Shares of CSSC Offshore & Marine Engineering (HKG:Group Company Limited) last traded at 5.08, representing a move of 0.59%, or 0.03 per share, on volume of 149,029 shares. After opening the trading day at 5, shares of CSSC Offshore & Marine Engineering traded in a close range. CSSC Offshore & Marine Engineering currently has a total float of 2.14 billion shares and on average sees 345,296 shares exchange hands each day. The stock now has a 52-week low of 5 and high of 13.36.

Hang Seng Index: Driving Hong Kong Economy

Hang Seng Index (HSI) is the primary index of equities listed on the Stock Exchange of Hong Kong (SEHK). The index is market capitalization-weighted and float adjusted. As such, it records and monitors the changes of the largest Hong Kong companies. For investors HSI is the main indictor of the performance of Hong Kong stocks. Stocks of CSSC Offshore & Marine Engineering company can also be found in HSI.

As a free float adjusted index, HSI excludes restricted shares held by company insiders and other strategic investors such as government and venture capitalists because these holdings tend to be inactive. Instead, HSI tracks the performance of stocks freely available for trade.

HSI has 50 constitutes whose combined market cap equates to about 60% of all stocks listed on SEHK. Experts check all stocks from CSSC Offshore & Marine Engineering. The components of the index are classified under four sectors, sometimes called sub-indexes, for clarity. Se....

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