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Hong Kong ChaoShang Group (HKSE:02322) 6-Month Price Index : 0.58 (As of Jun. 07, 2024)


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What is Hong Kong ChaoShang Group 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-07), Hong Kong ChaoShang Group's 6-Month Price Index is 0.58.


Competitive Comparison of Hong Kong ChaoShang Group's 6-Month Price Index

For the Conglomerates subindustry, Hong Kong ChaoShang Group's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hong Kong ChaoShang Group  (HKSE:02322) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hong Kong ChaoShang Group  (HKSE:02322) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Hong Kong ChaoShang Group 6-Month Price Index Related Terms

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Hong Kong ChaoShang Group (HKSE:02322) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Suite 2202, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Moneylending, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing and asset management services in Hong Kong.
Executives
Lau Hoi Kit 2101 Beneficial owner
Superb Smart Limited 2101 Beneficial owner
Zheng Juhua 2201 Interest of corporation controlled by you

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