Hang Seng Index CFD

The Hang Seng Index (HSI) is Hong Kong's main stock market benchmark. It tracks the performance of large and liquid companies listed on the Hong Kong Stock Exchange and is one of Asia's most widely followed equity indices.

As of September 2026, the HSI contains 95 constituents across sectors including financials, technology, consumer businesses, telecommunications, property, energy and healthcare.

Major constituents include companies such as HSBC, Alibaba, Tencent, AIA, China Mobile, Xiaomi and CNOOC.

The index uses a free-float-adjusted market-capitalisation methodology, so larger companies generally have a greater influence on its movements. Individual constituent weightings are subject to caps under the index methodology.

The HSI is designed to provide a broad benchmark for the Hong Kong stock market and includes both Hong Kong companies and major Chinese Mainland businesses listed in Hong Kong

HK50 CFD trading lets you trade movements in the Hang Seng Index without buying shares in all of the companies that make up the index.

With an HK50 CFD, you can open a long position if you expect the index to rise or a short position if you expect it to fall.

CFDs are traded using margin, so you only need to put up a portion of the position's full value. Leverage increases your market exposure and can magnify both profits and losses.

HK50 is Axi's cash CFD on the Hang Seng Index. Positions may be subject to overnight financing and dividend adjustments.

Several factors can influence the HSI:

• Constituent performance: Price movements in larger HSI companies can have a significant effect on the index.
• Corporate earnings: Results and forecasts from major Hong Kong and Chinese companies can influence market sentiment.
• Chinese economic data: GDP, retail sales, industrial production, property data and other indicators from mainland China can have a strong influence on Hong Kong equities.
• Hong Kong and US interest rates: Because the Hong Kong dollar is linked to the US dollar, US Federal Reserve policy can influence Hong Kong financial conditions alongside decisions by the Hong Kong Monetary Authority.
• Mainland China policy: Changes in fiscal, monetary, property, technology or regulatory policy can affect many HSI constituents.
• Global market sentiment: Movements in US, Chinese and other Asian markets can influence investor appetite for Hong Kong equities.
• Geopolitical and trade developments: Changes in China-US relations, tariffs and other international developments can increase volatility.
• Sector performance: Financials, technology, consumer companies and other heavily represented sectors can have an outsized impact on the index.
• Index reviews: Quarterly constituent additions, removals and weighting changes can affect trading activity around individual stocks and the index.

Axi's HK50 is a cash index CFD on the Hang Seng Index. Available trading times can differ from the underlying stock-market session, so traders should check the current Axi product schedule or trading platform for the latest HK50 hours.

For reference, Hang Seng Index futures currently trade on HKEX during the following sessions from Monday to Friday:

• Morning session: 09:15-12:00 HKT
• Afternoon session: 13:00-16:30 HKT
• After-hours session: 17:00-03:00 HKT the following day

Hours may differ on holidays, half-days and the final trading day of an expiring futures contract.