Category Archives: Banking

Stanley Kwan, 86, created Hang Seng Index, ‘ultimate capitalist measure of Hong Kong’

TORONTO – Stanley Kwan, the banker whose 1969 creation, the Hang Seng Index, became a widely used gauge for the Hong Kong Stock Exchange, died of a heart ailment Dec. 31 at a hospital in Toronto. He was 86. The

Stanley Kwan, 86, created Hang Seng Index, ‘ultimate capitalist measure of Hong Kong’

TORONTO – Stanley Kwan, the banker whose 1969 creation, the Hang Seng Index, became a widely used gauge for the Hong Kong Stock Exchange, died of a heart ailment Dec. 31 at a hospital in Toronto. He was 86. The