Hang Seng Index

Stock market index in Hong Kong

Follow Hang Seng Index on Notably News to receive short updates to your email — rarely!

We include updates on Tencent, Alibaba Group, Foxconn, Cathay Pacific, Industrial and Commercial Bank of China, Esprit Holdings, Swire, Bank of China, AIA Group, Mandarin Oriental Hotel Group, Sinopec, Ping An Insurance, TVB, China Construction Bank, Hong Kong Tramways, PetroChina ... and more.

April 2025 Plan to introduce a new route between Hong Kong and Dallas/Fort Worth, which will be the airline's longest route at 7,058 nautical miles, to be operated four times weekly using Airbus A350-1000 aircraft.
April 2025 Alibaba Cloud released Wan 2.1-FLF2V-14B Artificial Intelligence Video Generation Model under Apache license.
2025 Tencent released Hunyuan3D, an AI 3D model generator.
March 2025 U.S. House Select Committee on Strategic Competition between the United States and the Chinese Communist Party initiated an inquiry into China Unicom.
March 2025 FCC opened an investigation into China Unicom and other Chinese companies regarding potential violations of U.S. operational restrictions.
2025 Hyatt Centric The Ring Chengdu hotel project is set to be completed by this year.
March 2025 Tencent released Hunyuan T1, a reasoning model based on Transformer-Mamba architecture.
January 2025 Airline plans to add another 100 pilots to further strengthen its pilot workforce.
January 8 2025 Cathay Pacific announced its return to Rome as its 12th European destination, with Milan being the first Italian destination. The new route will be the second Italian destination for the airline.
January 7 2025 Tencent was added to a watchlist of companies allegedly working with China's military, alongside CATL.
2024 Cathay Pacific began installing the Aria Suite on their Boeing 777-300ER fleet.
2024 Ping An ranked 29th on the Forbes Global 2000 list and 53rd on the Fortune Global 500 list, demonstrating its significant global corporate standing.
2024 Chalco completed Phase II of its Boffa bauxite project in Guinea, increasing annual output to 20 million tonnes and investing in port and rail logistics infrastructure to improve export efficiency.
2024 Foxconn surpassed expectations with record fourth-quarter revenue.
2024 Tencent increased its stake in Wangyuan Shengtang from 20% to 94%.
2024 Litigation between Tencent and ByteDance remains unresolved, with ongoing disputes about jurisdictional issues.
2024 Tencent acquired a 51.4% stake in Kuro Games, the publisher of Wuthering Waves.
2024 Joseph Tsai announced as new chairman and Eddie Wu as CEO, aimed at reviving company growth in the post-crackdown era.
2024 Signed a memorandum of strategic cooperation with BP at the Davos Economic Forum, with plans to build 5,000 new EV charging stations by 2025.
December 2024 Apple initiated talks with Tencent and ByteDance about integrating their AI models into iPhones sold in China.
December 2024 The U.S. Department of Justice required Tencent to remove two directors from Epic Games' board of directors and relinquish its unilateral right to appoint board directors or observers, addressing antitrust concerns under Section 8 of the Clayton Act.
December 2024 U.S. Court of Appeals for the Ninth Circuit rejected China Unicom's challenge of the 2022 FCC revocation of its U.S. operation authorization.
December 2024 Alibaba announced its decision to sell Intime Department Store to Youngor Group, marking another strategic restructuring of its business portfolio.
December 12 2024 Cathay Pacific reports meeting its target of hiring 3,400 pilots to restore pre-pandemic operational capacity.
December 5 2024 Reported plans to launch two direct flights to Munich, Germany and Brussels, Belgium in the summer of 2025.
November 2024 Repainting of the second aircraft with the 2015 refreshed livery (Boeing 747-400ERF B-LIA) was completed. The last aircraft with the classic 'Brushwing' livery (Airbus A330-300 B-HLV) was also repainted.
November 2024 Port of Chancay in Peru was opened during Xi Jinping's state visit, described as part of the Belt and Road Initiative and a new maritime-land corridor between China and Latin America.
November 2024 Alibaba unveiled QwQ-32B-Preview, a 32.5 billion parameter AI reasoning model developed by the Qwen team. The model can process up to 32,000-word prompts and features a self-fact-checking mechanism, challenging OpenAI's o1 series with superior performance on AIME and MATH benchmarks.
September 2 2024 Cathay Pacific Flight 383, an Airbus A350-1041 from Hong Kong to Zurich, experienced a serious incident with a fuel system leak causing an engine fire after departure. The plane circled over the sea for over 30 minutes to dump fuel before safely returning to Hong Kong. No casualties occurred among the 348 people on board. The airline subsequently inspected its A350 fleet, identifying fifteen aircraft with affected engine components.
August 2024 SmarTone applied to the Macau SAR Government to forgo its 4G license, indicating plans to cease operations in the region due to its small market share of only a single-digit percentage.
June 24 2024 Cathay Pacific was awarded the 2024 World's Best Economy Class by Skytrax, a prestigious recognition in the airline industry.
March 31 2024 Alibaba significantly expands its workforce to 540,000 employees, with revenue reaching $130 billion, solidifying its position as a key national corporation for China.
January 2024 Chalco commissioned a new 400,000-tonne-per-year green aluminum smelter in Yunnan Province, powered entirely by hydropower, as part of China's decarbonization efforts. The facility replaces older, coal-fired aluminum production capacity.
January 7 2024 Peak of flight cancellations, with the airline axing 27 flights at short notice.
2023 Collaborated with Airport Authority Hong Kong's 'World of Winners' campaign, providing tickets to promote tourism within Hong Kong
2023 Significant recovery achieved with passenger numbers rising to 17.9 million, restoring passenger load factor to 85.7% and increasing employee count to 18,211.
2023 Cathay Pacific announced their new 'Aria Suite' business class seat design.
2023 The company was ranked 62nd in the Forbes Global 2000, demonstrating continued growth and global prominence in the insurance sector.
2023 China Life Insurance invested $3.5 billion in Honghu Private Securities Investment Fund, alongside New China Life Insurance, with the aim of improving capital utilization efficiency and increasing long-term investment assets.
2023 Despite international sanctions following Russia's invasion of Ukraine, China Life Insurance Company continued to operate in Russia, maintaining active offices and advertising for new employees in the region.
2023 HSBC becomes the last international bank with retail banking operations in the Philippines following Citibank's exit from the market.
2023 Tencent announced a partnership with the Chinese Academy of Agricultural Sciences (CAAS) to establish a Digital Seed Bank at the Tencent Science and Technology Museum.
2023 Tencent received the Zero Project Award for innovative ICT solutions supporting persons with disabilities, specifically highlighting their MTGPA Haptics technology that provides vibro-tactile navigation assistance for visually impaired and elderly users.
2023 Tencent debuted its large language model Hunyuan for enterprise use.
2023 Shenzhen Yayue Technology, a Tencent subsidiary, received a golden share investment from a state-owned China Internet Investment Fund entity, which negatively impacted Tencent's stock price upon announcement.
2023 Foxconn reaches an annual revenue that ranks 20th in the Fortune Global 500, solidifying its position as a global electronics manufacturing leader.
2023 Sinopec's greenhouse gas emissions slightly decreased to 169 million tonnes of CO2 equivalent, though the company remained the second-highest emitter among oil companies worldwide.
2023 Opened a one million tonne per year Styrene-butadiene (SBC) plant in Hainan, becoming the world's largest SBC producer.
2023 Sinopec constructed its first solar-powered green hydrogen facility in Xinjiang, with plans to produce 20,000 tonnes of hydrogen annually for its Tahe refinery.
2023 Sinopec built a 20,000 tonne per year green hydrogen wind farm outside Ordos City, demonstrating its commitment to renewable hydrogen production.

We are only showing the most recent entries for this topic.

This contents of the box above is based on material from the Wikipedia articles Sinopec, Hongkong Land, Foxconn, China Life Insurance Company, Alibaba Group, Aluminum Corporation of China Limited, China Unicom, Ping An Insurance, Cathay Pacific, HSBC (Hong Kong), SmarTone, Tencent & COSCO Shipping Ports, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also