23-44  Index of Share Prices, Value of Stock Exchange Turnover and Market Capitalisation
Item	2003	2004	2005	2006	2007
Main Board
Index of Share Prices
Hang Seng Index① (31.7.1964=100)
High	12594.4	14266.4	15466.1	20001.9	31638.2
Low	8409.0	10967.7	13355.2	14944.8	18664.9
Closing	12575.9	14230.1	14876.4	19964.7	27812.7
Sectoral Sub-indices
(13.1.1984 = 975.47)
Finance
High	26263.6	28798.5	28269.6	32430.1	47484.7
Low	17316.4	23329.6	25776.8	26702.1	29645.8
Closing	26263.6	28237.7	26614.3	32428.7	39526.3
Utilities
High	25070.5	30976.7	32468.4	35793.7	41287.0
Low	21611.2	24616.7	29291.3	30675.0	34161.8
Closing	24878.8	30773.4	31866.0	35793.7	41065.1
Properties
High	15525.5	18353.2	19482.3	23144.1	39540.0
Low	8837.4	12809.4	16244.6	18032.8	22295.1
Closing	14778.7	18177.6	17977.8	23144.1	38080.0
Commerce and Industry
High	5342.9	6136.4	7509.5	10683.6	18806.7
Low	3485.8	4383.6	5670.3	7199.5	9996.3
Closing	5271.7	6076.8	7139.3	10620.3	16568.0
Hang Seng China Enterprises Index②
High	5020.2	5391.3	5539.4	10363.3	20400.1
Low	2007.5	3546.3	4501.6	5413.0	8528.5
Closing	5020.2	4741.3	5330.3	10340.4	16124.7
Hang Seng China H-Financials Index③
(5.3.2004 = 5 033.14)
High	-	-	-	13092.2	23738.3
Low	-	-	-	9762.9	10313.1
Closing	-	-	-	12935.5	18121.1
Hang Seng Composite Index Series
(3.1.2000 = 2 000)
Hang Seng Composite Index
High	1621.6	1836.8	1998.1	2803.9	4532.5
Low	1031.3	1388.7	1727.4	1959.3	2560.0
Closing	1621.6	1832.0	1947.7	2802.7	3935.4
Hang Seng Hong Kong Composite Index
High	1688.9	1954.1	2042.2	2454.0	3134.2
Low	1126.9	1497.2	1836.9	1982.8	2320.3
Closing	1688.9	1954.1	1976.9	2454.0	2919.6
Hang Seng HK LargeCap Index
High	1636.5	1865.9	1910.4	2108.9	2555.0
Low	1115.1	1460.7	1728.4	1818.1	1970.1
Closing	1636.5	1861.8	1815.0	2108.9	2401.0
Hang Seng HK MidCap Index
High	2049.3	2461.9	2878.6	4273.0	6046.8
Low	1273.8	1756.3	2295.8	2869.1	4124.4
Closing	2024.9	2461.9	2850.5	4273.0	5521.4
Hang Seng HK SmallCap Index
High	1573.0	1913.8	2043.8	2363.4	3508.5
Low	918.2	1347.3	1745.8	1889.6	2315.5
Closing	1543.3	1913.8	1881.4	2338.1	3159.5
Hang Seng Mainland Composite Index
High	1503.3	1688.2	1948.0	3301.5	6266.9
Low	825.9	1170.6	1493.5	1924.3	2900.6
Closing	1503.3	1592.1	1901.6	3285.4	5201.3
Hang Seng China-Affiliated Corp. Index
High	1455.3	1660.1	2032.4	3351.8	7021.3
Low	848.0	1129.5	1441.3	1954.6	3114.7
Closing	1427.7	1556.9	1934.9	3330.1	6111.2
Hang Seng Composite Industry Indices④
Energy
High	-	-	-	9331.7	19905.8
Low	-	-	-	7147.5	7707.1
Closing	-	-	-	9331.7	16203.5
Materials
High	-	-	-	10575.6	23495.9
Low	-	-	-	7480.0	10182.3
Closing	-	-	-	10575.6	19031.0
Industrial Goods
High	-	-	-	1570.0	2185.6
Low	-	-	-	1400.6	1396.6
Closing	-	-	-	1400.6	1867.4
Consumer Goods
High	2444.7	2788.9	2787.3	3769.5	5420.4
Low	1354.6	2058.5	2428.9	2626.9	3631.7
Closing	2420.0	2499.8	2669.9	3769.5	5041.1
Services
High	-	-	-	3436.3	5680.2
Low	-	-	-	2883.7	3422.4
Closing	-	-	-	3436.3	5168.4
Telecommunications
High	-	-	-	1604.3	3264.3
Low	-	-	-	1160.2	1492.2
Closing	-	-	-	1581.7	2885.3
Utilities
High	2932.3	3548.5	3724.5	4515.9	5998.5
Low	2398.4	2865.4	3359.0	3555.6	4306.5
Closing	2932.3	3541.2	3667.4	4515.9	5909.5
Financials
High	2359.3	2580.4	2534.7	3392.7	4874.8
Low	1546.2	2069.9	2319.8	2446.0	2940.8
Closing	2359.3	2532.3	2430.7	3382.2	3999.3
Properties & Construction
High	1590.6	1988.9	2158.4	2884.7	4820.4
Low	896.9	1329.2	1784.9	2078.7	2725.0
Closing	1527.7	1988.9	2072.2	2884.7	4321.0
Information Technology
High	1171.6	1261.2	1406.8	2124.3	2749.8
Low	641.4	837.4	910.1	1350.3	1774.3
Closing	1124.3	980.7	1363.1	2100.2	2367.9
Conglomerates
High	1392.7	1754.7	1924.8	2128.1	3104.8
Low	919.4	1156.1	1629.5	1765.4	2036.5
Closing	1362.3	1754.7	1821.5	2128.1	2815.2
Hang Seng Freefloat Index Series
Hang Seng Freefloat Composite Index
High	1701.2	1934.4	2107.3	2970.9	4829.0
Low	1055.4	1443.7	1818.1	2056.9	2703.1
Closing	1701.2	1927.0	2044.2	2970.9	4207.0
Hang Seng Hong Kong Freefloat Index
High	1559.4	1849.0	1977.8	2420.2	3316.8
Low	1043.6	1381.5	1737.3	1915.8	2293.3
Closing	1554.3	1849.0	1909.9	2420.2	3109.0
Hang Seng Mainland Freefloat Index
High	2658.7	2868.8	3176.7	5523.4	10781.9
Low	1300.1	1999.7	2557.2	3121.8	4795.2
Closing	2658.7	2704.3	3084.1	5514.8	8927.6
Hang Seng 50⑤
High	1666.2	1867.5	2051.4	2833.6	4556.5
Low	1053.3	1421.6	1746.7	1970.2	2536.2
Closing	1666.2	1854.1	1959.1	2831.3	3979.2
Hang Seng HK 25⑤
High	1512.2	1760.8	1876.3	2230.4	3126.1
Low	1036.0	1344.0	1651.5	1789.7	2095.4
Closing	1507.9	1760.8	1784.5	2230.4	2965.0
Hang Seng Mainland 25⑤
High	3043.3	3246.1	3743.8	6479.0	12066.7
Low	1485.6	2296.2	2847.5	3597.1	5406.0
Closing	3043.3	3020.2	3557.7	6442.4	9870.5
S&P/HKEx LargeCap Index⑥
(28.2.2003 = 10 000)
High	13645.2	15796.8	17775.1	24446.6	38585.1
Low	9155.3	11911.2	14836.2	17098.6	21912.5
Closing	13645.2	15740.4	17025.5	24378.8	33709.0
Turnover (HKD 100 million)	25456.8	39483.5	44981.0	83326.3	215062.7
Market Capitalisation⑦ (HKD 100 million)	54776.7	66291.8	81133.3	132488.2	205364.6
Growth Enterprise Market
S&P/HKEx GEM Index⑥
(28.2.2003 = 1 000)
High	1252.8	1370.3	1013.4	1342.6	1793.9
Low	901.4	964.8	863.8	1005.5	1209.8
Closing	1186.1	988.6	1007.3	1224.7	1349.6
Turnover (HKD 100 million)	381.5	257.6	223.4	436.8	1592.6
Market Capitalisation⑦ (HKD 100 million)	701.8	667.2	666.0	888.9	1610.8
Notes : All high and low indices are compiled based on the daily closing indices in the period.
①The compilation of the Hang Seng Index is switched from a full market capitalisation weighted formula to a freefloat-adjusted market
capitalisation weighted formula with a cap on individual stock weightings.  Changes in the compilation are put in place by phase over a
period of 12 months, from September 2006 to September 2007.
②Calculation methodology has been changed to freefloat-adjusted market capitalisation weighting with a cap of 15% since 6 March 2006.
③Launched on 27 November 2006, high and low indices for 2006 refer to the period from 27 November 2006 to end-December 2006.
④Since 11 September 2006, the number of Industry Indexes has been increased from 9 to 11.  While the industries “Energy” and “Materials”
were originated from “Oil and Resources” and “Industrial Goods”, the industry “Telecommunications” was originated from “Serivces”.
⑤Launched on 20 January 2003, high and low indices for 2003 refer to the period from 20 January 2003 to end December 2003.
⑥S&P/HKEx LargeCap Index and S&P/HKEx GEM Index were launched on 3 March 2003.  Relevant series were backdated to 1998 and
2001 respectively.
⑦Year-end figures.