Highlights
- Securities Market
- Market capitalisation was $34 trillion at the end of 2017, a record high and representing a year-on-year increase of 37 per cent.
- The Hang Seng Index ended 2017 at 29919.15, representing a year-on-year increase of 36 per cent.
- The average daily turnover in 2017 was $88.2 billion, an increase of 32 per cent from $66.9 billion in 2016.
- There were 21,224 Structured Product (Derivative Warrants and CBBCs) newly listed in 2017, a new record and an increase of 54 per cent from 13,771 in 2016.
- There were 174* newly listed companies in 2017, an increase of 38 per cent from 126* in 2016.
- Total funds raised in 2017 was $579.9 billion, an increase of 18 per cent from $490.1 billion in 2016.
- The average daily turnover of ETFs in 2017 was $4.3 billion, an increase of 5 per cent from $4.1 billion in 2016.
- Derivatives Market
- The average daily turnover of futures and options in 2017 was 869,819 contracts, an increase of 14 per cent from 761,744 contracts in 2016.
- The average daily turnover of Stock Options in 2017 was 428,499 contracts, an increase of 44 per cent from 297,903 contracts in 2016.
- The average daily turnover of RMB Currency Futures in 2017 was 3,025 contracts, an increase of 37 per cent from 2,206 contracts in 2016.
- On 6 December 2017, the turnover of Mini Hang Seng Index Options reached a record high of 19,094 contracts.
- On 27 December 2017, the open interest of Hang Seng China Enterprises Index Options reached a record high of 3,465,052 contracts.
- On 28 December 2017, the open interest of HSI Dividend Point Index Futures reached a record high of 13,902 contracts.
* Includes any transfers of listing from GEM to Main Board
Listed Securities (Main Board and GEM)
Month-end figures
|
Dec 2017 |
Dec 2016 |
End 2016 |
---|---|---|---|
No. of listed companies |
2,118 |
1,973 |
1,973 |
Total market capitalisation ($Bil.) |
33,998.8 |
24,761.3 |
24,761.3 |
No. of newly listed companies * |
23 |
17 |
126 |
No. of listed securities |
12,803 |
8,591 |
8,591 |
No. of equity warrants |
8 |
9 |
9 |
No. of derivatives warrants |
6,094 |
3,705 |
3,705 |
No. of CBBCs |
3,374 |
1,844 |
1,844 |
No. of unit trusts |
145 |
157 |
157 |
No. of debt securities |
1,047 |
892 |
892 |
* Includes the number of transfer of listings from GEM to Main Board
Securities Market Turnover (Main Board and GEM)
|
Dec 2017 |
Nov 2017 |
% Change |
---|---|---|---|
Monthly turnover ($Mil.) * |
1,986,450 |
2,639,017 |
-24.7% |
Average daily turnover by value ($Mil.) * |
104,550 |
119,955 |
-12.8% |
No. of trading days |
19 |
22 |
- |
* Turnover value for securities traded in non-Hong Kong dollar currency have been included
Turnover by Type of Securities (Main Board and GEM)
|
Dec 2017 |
Nov 2017 |
% Change |
---|---|---|---|
Equities |
1,482,799.81 |
1,960,347.22 |
-24.4% |
Derivative warrants |
280,933.96 |
415,036.66 |
-32.3% |
CBBCs |
131,414.12 |
149,037.95 |
-11.8% |
Unit Trusts (include ETFs) |
87,802.28 |
111,406.91 |
-21.2% |
( ) % of market total
Turnover value for securities traded in non-Hong Kong dollar currency have been included
ATS Transactions
The total turnover of automated trading services’ (ATS) transactions for December 2017 was $22,662 million (1.1% of the securities market total turnover).
Mainland Enterprises (Main Board and GEM)
Month-end figures
|
Dec 2017 |
Dec 2016 |
End 2016 |
---|---|---|---|
No. of H shares |
252 |
241 |
241 |
No. of Red chips Stocks |
159 |
153 |
153 |
No. of Mainland private enterprises |
640 |
608 |
608 |
Market capitalisation (% of market total) |
66.2% |
63.3% |
63.3% |
Turnover value (% of equity turnover) |
78.4% |
68.8% |
70.6% |
Index Performance
Month-end figures
|
Dec 2017 |
% Change |
% Change |
---|---|---|---|
S&P/HKEX LargeCap Index |
38884.61 |
3.0% |
39.2% |
S&P/HKEX GEM Index |
263.81 |
1.0% |
-26.4% |
Hang Seng Index |
29919.15 |
2.5% |
36.0% |
Hang Seng China Enterprises Index # |
11709.30 |
2.0% |
24.6% |
Hang Seng China-Affiliated Corporations Index* |
4426.25 |
3.1% |
23.4% |
CES China 120 Index ^ |
6801.41 |
0.9% |
34.6% |
CESChina HK Mainland Index + |
8188.08 |
2.4% |
48.4% |
# - tracks H shares
* - tracks Red chips
^ - tracks 80 Mainland-listed companies and 40 Hong Kong-listed Mainland enterprises
+ - tracks 40 Hong Kong-listed Mainland enterprises
Derivatives Market Turnover
|
Average Daily Volume (Contracts) |
||
---|---|---|---|
Dec 2017 |
Nov 2017 |
% Change |
|
Total Futures |
387,273 |
359,709 |
7.7% |
Hang Seng Index Futures |
173,429 |
159,203 |
8.9% |
Mini Hang Seng Index Futures |
71,628 |
56,504 |
26.8% |
Hang Seng China Enterprises Index Futures |
116,313 |
117,991 |
-1.4% |
Mini-Hang Seng China Enterprises Index Futures |
17,856 |
18,750 |
-4.8% |
HSI Dividend Point Index Futures |
111 |
214 |
-48.1% |
HSCEI Dividend Point Index Futures |
624 |
1,016 |
-38.6% |
HSI Volatility Index Futures |
0 |
0 |
- |
CES China 120 Index Futures |
3 |
17 |
-82.4% |
CES Gaming Top 10 Index Futures |
0 |
0 |
- |
Hang Seng Mainland Oil & Gas Index Futures |
22 |
22 |
0.0% |
Hang Seng Mainland Banks Index Futures |
63 |
81 |
-22.2% |
Hang Seng Mainland Healthcare Index Futures |
0 |
0 |
- |
Hang Seng Mainland Properties Index Futures |
21 |
22 |
-4.5% |
Hang Seng IT Hardware Index Futures |
0 |
0 |
- |
Hang Seng Software & Services Index Futures |
0 |
0 |
- |
IBOVESPA Futures |
0 |
0 |
- |
MICEX Index Futures |
0 |
0 |
- |
S&P BSE Sensex Index Futures |
0 |
0 |
- |
FTSE/JSE Top40 Futures |
0 |
0 |
- |
Stock Futures |
614 |
348 |
76.4% |
5-Year MOF T-Bond Futures # |
0 |
4 |
-100.0% |
3-Month HIBOR Futures |
2 |
10 |
-80.0% |
1-Month HIBOR Futures |
0 |
0 |
- |
RMB Currency Futures - USD/CNH Futures |
3,309 |
3,200 |
3.4% |
RMB Currency Futures - EUR/CNH Futures |
10 |
7 |
42.9% |
RMB Currency Futures - JPY/CNH Futures |
5 |
2 |
150.0% |
RMB Currency Futures - AUD/CNH Futures |
5 |
2 |
150.0% |
RMB Currency Futures - CNH/USD Futures |
37 |
34 |
8.8% |
USD Gold Futures |
1,323 |
471 |
180.9% |
CNH Gold Futures |
1,395 |
1,402 |
-0.5% |
Iron Ore Futures – Monthly Contracts * |
495 |
628 |
-21.2% |
Iron Ore Futures – Quarterly Contracts * |
1 |
2 |
-50.0% |
London Aluminium Mini Futures |
3 |
2 |
50.0% |
London Zinc Mini Futures |
1 |
2 |
-50.0% |
London Copper Mini Futures |
2 |
2 |
0.0% |
London Lead Mini Futures |
2 |
2 |
0.0% |
London Nickel Mini Futures |
0 |
1 |
-100.0% |
London Tin Mini Futures |
0 |
0 |
- |
Total Options |
623,602 |
770,160 |
-19.0% |
Hang Seng Index Options |
49,922 |
49,374 |
1.1% |
Mini Hang Seng Index Options |
7,601 |
7,989 |
-4.9% |
Flexible Hang Seng Index Options |
0 |
0 |
- |
Hang Seng China Enterprises Index Options |
68,297 |
79,669 |
-14.3% |
Mini-Hang Seng China Enterprises Index Options |
1,922 |
1,671 |
15.0% |
Flexible Hang Seng China Enterprises Index Options |
0 |
0 |
- |
Stock Options |
495,839 |
631,437 |
-21.5% |
RMB Currency Futures - USD/CNH Options |
21 |
20 |
5.0% |
Total Futures and Options |
1,010,875 |
1,129,869 |
-10.5% |
# Trading in 5-Year MOF T-Bond Futures suspended with effect from 08 Dec 2017
* Trading in Iron Ore Futures – Monthly Contracts commenced on 13 Nov 2017
* Trading in Iron Ore Futures – Quarterly Contracts commenced on 13 Nov 2017
Clearing and Settlement
CCASS Statistics (securities market) |
Dec 2017 |
Nov 2017 |
% Change |
---|---|---|---|
Average daily number of exchange trades settled by CCASS |
1,367,480 |
1,498,306 |
-8.73% |
Average daily number of settlement instructions (SIs) settled by CCASS |
103,293 |
102,534 |
0.74% |
Average daily number of investor SIs (ISIs) settled by CCASS |
322 |
382 |
-15.71% |
Average daily settlement efficiency of CNS stock positions on due day (T+2) |
99.86 |
99.89 |
N/A |
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation |
75.30 58.70 |
75.85 58.61 |
N/A N/A |
DCASS Statistics (derivatives market) |
Dec 2017 |
Nov 2017 |
% Change |
Month-end Open Interest (contracts) |
|
|
|
– Equity Index Futures |
475,151 |
590,815 |
-19.6% |
– Stock Futures |
5,555 |
5,916 |
-6.1% |
– 5-Year MOF T-Bond Futures |
- |
108 |
- |
– Interest Rates Futures |
470 |
520 |
-9.6% |
– RMB Currency Futures |
25,218 |
25,438 |
-0.9% |
– Gold Futures |
422 |
595 |
-29.1% |
– Iron Ore Futures |
424 |
199 |
113.1% |
– London Metal Mini Futures |
27 |
17 |
58.8% |
– Equity Index Options |
2,340,693 |
3,792,902 |
-38.3% |
– Stock Options |
8,304,697 |
10,434,216 |
-20.4% |
– RMB Currency Options |
3,113 |
3,517 |
-11.5% |
Year-to-date Statistics
Securities Market |
Dec 2017 YTD |
Dec 2016 YTD |
% Change |
---|---|---|---|
No. of newly listed companies # |
174 |
126 |
38.1% |
Average daily turnover by value ($Mil.) ^ |
88,249 |
66,924 |
31.9% |
Average share traded per trading day (Mil. Shares) |
180,012 |
186,171 |
-3.3% |
Average no. of trades per trading day |
1,240,169 |
1,081,020 |
14.7% |
Fund raised by IPOs ($Mil.) |
128,207 |
195,316 |
-34.4% |
Total funds raised (including IPOs) ($Mil.)* |
579,929 |
490,054 |
18.3% |
Derivatives Market |
Dec 2017 |
Dec 2016 |
% Change |
Average daily volume (contracts) |
|
|
|
– Equity Index Futures |
307,674 |
337,247 |
-8.8% |
– Stock Futures |
492 |
915 |
-46.2% |
– 5-Year MOF T-Bond Futures |
47 |
- |
- |
– Interest Rates Futures |
2 |
0 |
- |
– RMB Currency Futures |
3,025 |
2,206 |
37.1% |
– Gold Futures |
1,373 |
- |
- |
– Iron Ore Futures |
552 |
- |
- |
– London Metal Mini Futures |
11 |
118 |
-90.7% |
– Equity Index Options |
129,293 |
123,354 |
4.8% |
– Stock Options |
428,499 |
297,903 |
43.8% |
– RMB Currency Options |
54 |
- |
- |
Clearing & Settlement |
Dec 2017 |
Dec 2016 |
% Change |
Average daily number of exchange trades handled by CCASS |
1,239,552 |
1,080,339 |
14.74% |
Average daily number of settlement instructions (SIs) settled by CCASS |
92,287 |
83,047 |
11.13% |
Average daily number of investor SIs (ISIs) settled by CCASS |
336 |
276 |
21.74% |
# Includes the number of transfer of listings from GEM to Main Board
^ Turnover value for traded in non-HKD currency securities have been included
* Provisional figures only
Historical Records
up to 31 December 2017
Top 10 Hang Seng Index Closes
Rank |
Date |
Close |
---|---|---|
1 |
2007/10/30 |
31638.22 |
2 |
2007/10/29 |
31586.90 |
3 |
2007/11/01 |
31492.88 |
4 |
2007/10/31 |
31352.58 |
5 |
2007/11/02 |
30468.34 |
6 |
2007/10/26 |
30405.22 |
7 |
2017/11/22 |
30003.49 |
8 |
2017/12/29 |
29919.15 |
9 |
2017/11/24 |
29866.32 |
10 |
2017/12/28 |
29863.71 |
Top 10 Daily Market Turnover
(Main Board and GEM)
Rank |
Date |
Turnover ($) |
---|---|---|
1 |
2015/04/09 |
293,910,756,648 |
2 |
2015/04/13 |
266,098,632,854 |
3 |
2015/04/08 |
252,396,050,844 |
4 |
2015/04/14 |
239,903,336,931 |
5 |
2015/07/08 |
237,429,139,110 |
6 |
2015/04/10 |
222,888,834,174 |
7 |
2015/04/15 |
218,018,391,899 |
8 |
2015/04/17 |
215,953,404,099 |
9 |
2015/07/06 |
214,812,393,078 |
10 |
2015/07/09 |
213,825,663,405 |
Top 10 Market Capitalisation
(Main Board and GEM)
Rank |
Date |
Market Capitalisation ($) |
---|---|---|
1 |
2017/12/29 |
33,998,836,607,023 |
2 |
2017/12/28 |
33,883,432,843,323 |
3 |
2017/11/22 |
33,646,386,749,445 |
4 |
2017/11/24 |
33,587,970,100,830 |
5 |
2017/12/27 |
33,524,092,362,805 |
6 |
2017/11/21 |
33,466,869,459,220 |
7 |
2017/11/23 |
33,466,052,192,651 |
8 |
2017/12/22 |
33,456,698,488,861 |
9 |
2017/11/29 |
33,367,184,694,477 |
10 |
2017/11/28 |
33,360,015,298,931 |
Record High for Top-10 Derivatives Market Products (Based on Contract Volume)
Product |
Record High Daily Volume |
Record High Open Interest |
||
---|---|---|---|---|
Contracts |
Date |
Contracts |
Date |
|
Stock Options |
1,221,324 |
2015/04/13 |
12,502,433 |
2017/11/28 |
Hang Seng China Enterprises Index Futures |
467,559 |
2015/08/26 |
519,817 |
2015/12/29 |
Hang Seng Index Futures |
316,855 |
2016/09/27 |
206,082 |
2017/06/27 |
Hang Seng China Enterprises Index Options |
188,957 |
2015/09/04 |
3,465,052 |
2017/12/27 |
Mini Hang Seng Index Futures |
141,519 |
2016/06/24 |
21,682 |
2011/06/17 |
Hang Seng Index Options |
116,835 |
2011/08/05 |
594,941 |
2017/11/28 |
Mini-Hang Seng China Enterprises Index Futures |
74,511 |
2015/07/08 |
16,436 |
2014/12/11 |
Stock Futures |
27,966 |
2007/03/28 |
47,050 |
2013/03/27 |
HSCEI Dividend Point Index Futures |
27,501 |
2017/02/14 |
184,626 |
2016/12/13 |
RMB Currency Futures - USD/CNH Futures |
20,338 |
2017/01/05 |
46,711 |
2017/01/04 |