Stanley Kwan (banker)

Stanley Shih Kuang Kwan (Chinese: 關士光; pinyin: Guān Shìguāng; January 10, 1925 – December 31, 2011) was a Hong Kong banker best known for creating the Hang Seng Index.

He attended King's College until the fall of Hong Kong in 1941 and joined the Chinese army as an interpreter for US forces during the war.

Kwan creation, the Hang Seng Index, has been widely used to measure the health and growth of the Hong Kong Stock Exchange.

[1] Together with his staff of seven employees, Kwan created the Hang Seng Index using input from economists, statisticians and government officials.

The Index crashed in 1974 following the 1973 oil crisis, and again in 1983, during a political stalemate in negotiations between China and the United Kingdom over the future status of Hong Kong.