$HSCHKD First, the conclusion:
HSCHKD (Hang Seng Composite Index) includes far more property companies than HK50 (Hong Kong 50 Index).
1. HK50 (Hong Kong 50): Very few property companies
- Positioning: Hong Kong's large-cap blue chips, mainly in finance, technology, and utilities
- Number of property companies: about 3–4 (as of February 2026)
- Examples: Sun Hung Kai, Cheung Kong, Hang Lung Properties, Link REIT
- Characteristics: Almost no mainland private property companies (no Vanke, Country Garden, Sunac, etc.)
2. HSCHKD (Hang Seng Composite Index): Many property companies
- Positioning: C