Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx 2002 Market Highlights

Date 23/12/2002

Market Highlights

Securities Market:

2002

2001

Change

(As of 20 Dec)

(year-end)

(%)

Funds raised HK$ 107.77 bil

64.4 bil

+ 67.34

Main Board: HK$ 98.72 bil

58.56 bil

+ 68.58

GEM: HK$ 9.05 bil

5.84 bil

+ 54.97

Funds raised by IPOs HK$ 51.98 bil

25.72 bil

+ 102.10

Main Board: HK$ 44.97 bil

21.60 bil

+ 108.19

GEM: HK$ 7.01 bil

4.12 bil

+ 70.15

Funds raised in the secondary market HK$ 55.79 bil

38.68 bil

+ 44.23

Main Board: HK$ 53.75 bil

36.96 bil

+ 45.43

GEM: HK$ 2.04 bil

1.72 bil

+ 18.60

Funds raised in H-share and red-chip markets HK$ 69.27 bil

25.9 bil

+ 167.45

Main Board: HK$ 68.10 bil

25.2 bil

+ 170.24

GEM:

HK$ 1.17 bil

0.7 bil

+ 67.14

New listings

117*
Record number
of new listings)

88

+ 32.95

Main Board:

60*

31

GEM:

57

57

Average daily turnover in the secondary market

HK$ 6.73 bil

8.19 bil

- 17.83

Main Board:

HK$ 6.55 bil

8.03 bil

- 18.43

GEM:

HK$ 0.18 bil

0.16 bil

12.5

No. of Stock Exchange Participants

509

507

0.39

Trading:

471

492

Non-trading:

38

15

* including two GEM companies that have switched to the Main Board for listing (China Agrotech and Xinao Gas)

Market Highlights

Derivatives Market:

2002

2001

Change

(As of 20 Dec)

(year-end)

(%)

Total Volume (Contracts)


Total Futures

6,116,028

5,830,061

+ 4.9

Hang Seng Index Futures

4,705,181

4,400,071

+ 6.9

Mini-Hang Seng Index Futures
Record high daily volume: 7,836 contracts

(17 Oct 02);

Record high open interest: 3,961 contracts
(19 Dec 02)

1,093,813

769,886

+ 42.1

Stock Futures
Record high open interest: 2,079 contracts
(27 Mar 02)

20,698

6,945

+ 198.0

3-Month HIBOR Futures
Record high daily volume: 10,514 contracts
(4 Apr 02)

511,760**

629,491

- 18.71

Total Options

4,666,091

4,718,769

- 1.1

Stock Options
Record high open interest: 768,314 contracts
(29 Jul 02)

3,637,601

4,001,014

- 9.1

Mini-HSI Options
(Introduced on 18 Nov 02)

5,612

-

-

No. of Futures Exchange Participants

133

135

- 1.5

Trading

133

135

Non-trading

0

0

** The size of HIBOR futures contract was increased to 5 times the original size starting from 27 May 2002 (the period of 27 May to 20 Dec was adjusted according to the original contract size at the start of the year.