Glossary of Terms
(Some abbreviations are for communication on the Trading Room)

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Hang Sang Index - A market-value weighted index of the stock prices of the 33 largest companies on the Hong Kong market.

High Flyer - A stock that is trading at an unusually high valuation based on traditional measures such as price/earnings ratio. Often quite volatile.

HOD – stock price just hit the high price of the day up to that point.

Hot issue - Stock, often an IPO, which is in great demand.

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