Hang Seng Index (HSI)
Benchmark index · Hong Kong · data since 1986-12-31 · last close 2026-07-24
1d
-0.98%
7d
+1.63%
30d
+6.62%
YTD
-2.60%
1y
-2.74%
Hang Seng Index (HSI) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.8 | -2.8 | -6.9 | 4.0 | -2.3 | -9.1 | 9.1 | · | · | · | · | · |
| 2025 | 0.8 | 13.4 | 0.8 | -4.3 | 5.3 | 3.4 | 2.9 | 1.2 | 7.1 | -3.5 | -0.2 | -0.9 |
| 2024 | -9.2 | 6.6 | 0.2 | 7.4 | 1.8 | -2.0 | -2.1 | 3.7 | 17.5 | -3.9 | -4.4 | 3.3 |
| 2023 | 10.4 | -9.4 | 3.1 | -2.5 | -8.3 | 3.7 | 6.2 | -8.4 | -3.1 | -3.9 | -0.4 | 0.0 |
| 2022 | 1.7 | -4.6 | -3.1 | -4.1 | 1.5 | 2.1 | -7.8 | -1.0 | -13.7 | -14.7 | 26.6 | 6.4 |
| 2021 | 3.9 | 2.5 | -2.1 | 1.2 | 1.5 | -1.1 | -9.9 | -0.3 | -5.0 | 3.3 | -7.5 | -0.3 |
| 2020 | -6.7 | -0.7 | -9.7 | 4.4 | -6.8 | 6.4 | 0.7 | 2.4 | -6.8 | 2.8 | 9.3 | 3.4 |
| 2019 | 8.1 | 2.5 | 1.5 | 2.2 | -9.4 | 6.1 | -2.7 | -7.4 | 1.4 | 3.1 | -2.1 | 7.0 |
| 2018 | 9.9 | -6.2 | -2.4 | 2.4 | -1.1 | -5.0 | -1.3 | -2.4 | -0.4 | -10.1 | 6.1 | -2.5 |
| 2017 | 6.2 | 1.6 | 1.6 | 2.1 | 4.3 | 0.4 | 6.0 | 2.4 | -1.5 | 2.5 | 3.3 | 2.5 |
| 2016 | -10.2 | -2.9 | 8.7 | 1.4 | -1.2 | -0.1 | 5.3 | 5.0 | 1.4 | -1.6 | -0.6 | -3.5 |
| 2015 | 3.8 | 1.3 | 0.3 | 13.0 | -2.5 | -4.3 | -6.2 | -12.0 | -3.8 | 8.6 | -2.8 | -0.4 |
| 2014 | -5.5 | 3.6 | -3.0 | -0.1 | 4.3 | 0.5 | 6.8 | -0.1 | -7.3 | 4.6 | -0.0 | -1.6 |
| 2013 | 4.7 | -3.0 | -3.1 | 2.0 | -1.5 | -7.1 | 5.2 | -0.7 | 5.2 | 1.5 | 2.9 | -2.4 |
| 2012 | 10.6 | 6.3 | -5.2 | 2.6 | -11.7 | 4.4 | 1.8 | -1.6 | 7.0 | 3.9 | 1.8 | 2.8 |
| 2011 | 1.8 | -0.5 | 0.8 | 0.8 | -0.1 | -5.4 | 0.2 | -8.5 | -14.3 | 12.9 | -9.4 | 2.5 |
| 2010 | -8.0 | 2.4 | 3.1 | -0.6 | -6.4 | 1.8 | 4.5 | -2.4 | 8.9 | 3.3 | -0.4 | 0.1 |
| 2009 | -7.7 | -3.5 | 6.0 | 14.3 | 17.1 | 1.1 | 11.9 | -4.1 | 6.2 | 3.8 | 0.3 | 0.2 |
| 2008 | -15.7 | 3.7 | -6.1 | 12.7 | -4.8 | -9.9 | 2.9 | -6.5 | -15.3 | -22.5 | -0.6 | 3.6 |
| 2007 | 0.7 | -2.3 | 0.8 | 2.6 | 1.6 | 5.5 | 6.5 | 3.5 | 13.2 | 15.5 | -8.6 | -2.9 |
| 2006 | 5.9 | 1.1 | -0.7 | 5.4 | -4.8 | 2.6 | 4.3 | 2.5 | 0.9 | 4.5 | 3.5 | 5.3 |
| 2005 | -3.6 | 3.5 | -4.8 | 2.9 | -0.3 | 2.4 | 4.8 | 0.1 | 3.5 | -6.8 | 3.8 | -0.4 |
| 2004 | 5.7 | 4.7 | -8.8 | -5.8 | 2.1 | 0.7 | -0.4 | 5.0 | 2.1 | -0.5 | 7.7 | 1.2 |
| 2003 | -0.7 | -1.5 | -5.3 | 1.0 | 8.8 | 0.9 | 5.8 | 7.6 | 2.9 | 8.6 | 1.0 | 2.1 |
| 2002 | -5.9 | -2.3 | 5.3 | 4.2 | -1.7 | -6.2 | -3.1 | -2.2 | -9.7 | 4.1 | 6.7 | -7.4 |
| 2001 | 6.7 | -8.2 | -13.7 | 4.9 | -1.6 | -1.0 | -5.6 | -10.0 | -10.3 | 1.2 | 12.0 | 1.1 |
| 2000 | -8.4 | 10.5 | 1.4 | -10.8 | -5.2 | 9.8 | 4.2 | 1.5 | -8.5 | -4.8 | -6.1 | 8.0 |
| 1999 | -5.4 | 3.7 | 11.0 | 21.9 | -8.9 | 11.4 | -2.5 | 2.2 | -5.6 | 4.1 | 16.0 | 10.3 |
| 1998 | -13.7 | 24.1 | 0.3 | -9.8 | -14.0 | -4.4 | -7.1 | -8.3 | 8.4 | 28.8 | 2.4 | -3.4 |
| 1997 | -1.0 | 0.6 | -6.5 | 2.9 | 14.4 | 3.0 | 7.7 | -13.6 | 6.5 | -29.4 | -0.9 | 1.9 |
| 1996 | 12.8 | -2.1 | -1.5 | 0.1 | 2.7 | -2.2 | -3.1 | 4.5 | 6.7 | 4.8 | 7.3 | 0.4 |
| 1995 | -10.4 | 13.4 | 3.1 | -2.6 | 12.5 | -2.1 | 2.7 | -2.9 | 5.1 | 1.4 | 0.3 | 2.6 |
| 1994 | -3.4 | -9.4 | -13.3 | -0.7 | 6.5 | -8.3 | 8.3 | 4.7 | -4.1 | 1.3 | -12.2 | -3.3 |
| 1993 | 4.3 | 10.4 | 0.6 | 6.9 | 7.9 | -3.7 | -1.6 | 8.0 | 1.7 | 21.5 | -2.2 | 30.3 |
| 1992 | 7.1 | 7.1 | 0.2 | 8.7 | 13.2 | 0.4 | -3.6 | -4.3 | -2.2 | 12.4 | -6.1 | -5.1 |
| 1991 | 7.2 | 9.5 | 5.4 | -4.2 | 3.3 | -1.1 | 9.3 | -0.3 | -1.0 | 2.1 | 2.8 | 3.5 |
| 1990 | -3.0 | 7.3 | 1.5 | -1.5 | 6.1 | 4.7 | 4.9 | -10.2 | -10.6 | 8.3 | -0.8 | 2.0 |
| 1989 | 14.3 | -2.0 | -0.3 | 3.7 | -11.9 | -17.1 | 13.1 | -2.4 | 9.9 | -1.2 | 0.8 | 3.2 |
| 1988 | 4.6 | 0.3 | 5.2 | 2.3 | -4.1 | 7.0 | 0.3 | -8.8 | -0.1 | 7.6 | 1.2 | 1.1 |
| 1987 | -0.6 | 12.7 | -5.7 | -2.0 | 10.9 | 7.7 | 9.5 | 3.8 | 9.2 | -44.1 | -3.0 | 7.7 |
| 1986 | · | · | · | · | · | · | · | · | · | · | · | 0.0 |
| Avg | 0.5 | 2.3 | -1.0 | 2.2 | 0.4 | -0.1 | 2.2 | -1.5 | 0.0 | 0.8 | 1.2 | 2.0 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
Seasonality — average by calendar month
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +0.5% | +2.3% | -1.0% | +2.2% | +0.4% | -0.1% | +2.0% | -1.5% | +0.0% | +0.8% | +1.2% | +2.0% |
| Win rate | 55%/40 | 60%/40 | 53%/40 | 68%/40 | 47%/40 | 55%/40 | 64%/39 | 41%/39 | 51%/39 | 67%/39 | 51%/39 | 65%/40 |
Win rate = share of positive months / sample size.
Risk & extremes
Max drawdown
-65.2%
Worst peak-to-trough fall on record
Monthly volatility
±7.2%
Std. dev. of monthly returns
Positive months
56%
Share of completed months in the green
Best month
+30.28%
1993-12
Worst month
-44.1%
1987-10
Longest streaks
11▲ / 6▼
Consecutive up / down months
Drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
About Hang Seng Index
Hang Seng Index isn't a company — it's the scoreboard: Hong Kong's benchmark index, tracked here like any other asset, because sometimes the market itself is the most interesting ticker — with price history on this site back to 1986. And the long game: $100 at its first close here (1986) would be about $891 today.
Did you know?
- Its best month on record was December 1993 at +30.28%; its worst, October 1987 at -44.1%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.