The HSCEI tracks the largest Chinese companies listed in Hong Kong (H-shares). It is the primary benchmark for Chinese equities accessible to international investors and is dominated by energy, financials and materials stocks.
| Date | Level | Event |
|---|---|---|
| Jan 2016 | 7,498 | China market crash bottom — strong buy |
| Jan 2018 | 13,865 | Peak — SELL signal triggered |
| Oct 2022 | 5,156 | COVID/regulation trough — BUY signal |
| Jan 2024 | 5,700 | Post-trough consolidation |
| Oct 2024 | 7,800 | China stimulus rally |
| Apr 2026 | 6,840 | Current — neutral zone |
| Sector | Weight | Key signal | Top stocks |
|---|---|---|---|
| Financials | ~38% | EUR 10Y / PMI | ICBC, Bank of China, Ping An |
| Energy | ~22% | Brent | CNOOC, PetroChina, Sinopec |
| Materials | ~12% | Copper / Lithium | Zijin Mining, Chalco, Ganfeng |
| Industrials | ~10% | PMI / BDI | COSCO, CRRC, Sinopharm |
| Consumer | ~10% | PMI | Li Ning, Mengniu, BYD |
| Utilities | ~8% | Coal price | China Resources Power, CGN |
HSCEI signal updated from HKEX data. For informational purposes only. Not financial advice. See disclaimer.