Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 99,476.93 -125.59

HKEX Monthly Market Highlights

Date 06/12/2018

Highlights

Securities Market

  • The average daily turnover for the first 11 months of 2018 was $110.4 billion, an increase of 27 per cent when compared with $86.9 billion for the same period last year.
  • The average daily turnover of derivative warrants for the first 11 months of 2018 was $16.2 billion, an increase of 35 per cent when compared with $12.0 billion for the same period last year.
  • The average daily turnover of CBBCs for the first 11 months of 2018 was $7.6 billion, an increase of 62 per cent when compared with $4.7 billion for the same period last year.
  • Funds raised through IPOs for the first 11 months of 2018 was $261.5 billion, an increase of 124 per cent when compared with $116.9 billion for the same period last year.
  • There were 196* newly listed companies for the first 11 months of 2018 which reached a record high, an increase of 30 per cent when compared with 151* for the same period last year.

Derivatives Market

  • The average daily turnover of futures and options for the first 11 months of 2018 was 1,217,898 contracts, an increase of 42 per cent when compared with the 858,065 contracts for the same period last year.
  • The average daily turnover of equity index futures for the first 11 months of 2018 was 513,940 contracts, an increase of 70 per cent when compared with the 301,641 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first 11 months of 2018 was 7,142 contracts, an increase of 138 per cent when compared with the 2,996 contracts for the same period last year.
  • On 2 November 2018, the turnover of Mini Hang Seng Index Options reached a record high of 25,534 contracts.
  • On 28 November 2018, the open interest of Hang Seng China Enterprises Index Options and Mini Hang Seng Index Options reached a record high of 3,749,790 contracts and 48,450 contracts respectively.

* Includes any transfers of listing from GEM to Main Board

 

Listed Securities (Main Board and GEM)

Month-end figures

 

Nov 2018

Nov 2017

End 2017

No. of listed companies

2,294

2,096

2,118

Total market capitalisation ($Bil.)

30,784.7

33,002.6

33,998.8

No. of newly listed companies *

11

20

174

No. of listed securities

13,776

13,097

12,803

No. of equity warrants

3

8

8

No. of derivatives warrants

7,168

6,129

6,094

No. of CBBCs

2,974

3,687

3,374

No. of unit trusts

148

146

145

No. of debt securities

1,171

1,015

1,047

 

Nov 2018

Nov 2017

End 2017

* Includes the number of transfer of listings from GEM to Main Board

 

Securities Market Turnover (Main Board and GEM)

 

Nov 2018

Oct 2018

% Change

Monthly turnover ($Mil.) *

1,956,269

1,989,758

-1.7%

Average daily turnover by value ($Mil.) *

88,921

94,750

-6.2%

No. of trading days

22

21

-

 

Nov 2018

Oct 2018

% Change

* Turnover value for securities traded in non-Hong Kong dollar currency have been included

 

Turnover by Type of Securities (Main Board and GEM)

 

Nov 2018
($Mil)

Oct 2018
($Mil)

% Change

Equities

1,288,451.78
(65.9%)

1,379,430.22
(69.3%)

-6.6%

Derivative warrants

368,854.05
(18.9%)

307,942.03
(15.5%)

19.8%

CBBCs

206,690.23
(10.6%)

198,929.97
(10.0%)

3.9%

Unit Trusts

(include ETFs)

87,967.78
(4.5%)

99,922.91
(5.0%)

-12.0%

 

Nov 2018
($Mil)

Oct 2018
($Mil)

% Change

( ) % 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 November 2018 was $21,526 million (1.1% of the securities market total turnover).

 

Mainland Enterprises (Main Board and GEM)

Month-end figures

 

Nov 2018

Nov 2017

End 2017

No. of H shares

263

250

252

No. of Red chips Stocks

164

158

159

No. of Mainland private enterprises

701

633

640

Market capitalisation (% of market total)

68.0%

66.1%

66.2%

Turnover value (% of equity turnover)

79.1%

78.2%

76.1%

 

Nov 2018

Nov 2017

End 2017

 

Index Performance

 

Month-end figures

 

Nov 2018

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

34369.54

6.6%

-9.0%

S&P/HKEX GEM Index

156.99

0.2%

-39.9%

Hang Seng Index

26506.75

6.1%

-9.2%

Hang Seng China Enterprises Index

10621.74

4.8%

-7.4%

Hang Seng China-Affiliated Corporations Index*

4338.56

5.9%

1.0%

CES China 120 Index ^

5966.22

3.1%

-11.5%

CESChina HK Mainland Index +

7298.23

6.1%

-8.7%

 

Nov 2018

% Change
over 1 Month

% Change
over 12 Months

* - 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)

Nov 2018

Oct 2018

% Change

Total Futures

590,135

643,008

-8.2%

Hang Seng Index Futures

269,434

294,958

-8.7%

Mini Hang Seng Index Futures

120,821

127,947

-5.6%

HSI (Gross Total Return Index) Futures *

0

-

-

HSI (Net Total Return Index) Futures *

0

-

-

Hang Seng China Enterprises Index Futures

161,847

180,936

-10.6%

Mini-Hang Seng China Enterprises Index Futures

19,972

23,745

-15.9%

HSCEI (Gross Total Return Index) Futures *

0

-

-

HSCEI (Net Total Return Index) Futures *

0

-

-

HSI Dividend Point Index Futures

0

0

-

HSCEI Dividend Point Index Futures

2,026

3,105

-34.8%

HSI Volatility Index Futures

0

0

-

MSCI AC Asia ex Japan NTR Index Futures

0

26

-100.0%

CES China 120 Index Futures

1

1

0.0%

CES Gaming Top 10 Index Futures

1

0

-

Hang Seng Mainland Oil & Gas Index Futures

59

78

-24.4%

Hang Seng Mainland Banks Index Futures

30

49

-38.8%

Hang Seng Mainland Healthcare Index Futures

0

0

-

Hang Seng Mainland Properties Index Futures

160

147

8.8%

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

-

FTSE/JSE Top40 Futures

0

0

-

Stock Futures

7,287

5,273

38.2%

3-Month HIBOR Futures

0

1

-100.0%

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

6,242

5,151

21.2%

RMB Currency Futures - EUR/CNH Futures

81

71

14.1%

RMB Currency Futures - JPY/CNH Futures

7

17

-58.8%

RMB Currency Futures - AUD/CNH Futures

7

7

0.0%

RMB Currency Futures - CNH/USD Futures

78

72

8.3%

USD Gold Futures

1,833

1,339

36.9%

CNH Gold Futures

125

18

594.4%

Iron Ore Futures – Monthly Contracts

119

62

91.9%

Iron Ore Futures – Quarterly Contracts

0

0

-

London Aluminium Mini Futures

0

0

-

London Zinc Mini Futures

2

4

-50.0%

London Copper Mini Futures

0

0

-

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

0

0

-

London Tin Mini Futures

0

0

-

Total Options

644,564

734,743

-12.3%

Hang Seng Index Options

54,839

61,772

-11.2%

Mini Hang Seng Index Options

14,997

14,196

5.6%

Flexible Hang Seng Index Options

0

0

-

Hang Seng China Enterprises Index Options

102,355

114,733

-10.8%

Mini-Hang Seng China Enterprises Index Options

2,103

3,490

-39.7%

Flexible Hang Seng China Enterprises Index Options

0

0

-

Stock Options

470,109

540,317

-13.0%

RMB Currency Futures - USD/CNH Options

162

236

-31.4%

Total Futures and Options

1,234,699

1,377,750

-10.4%

 

Average Daily Volume (Contracts)

Nov 2018

Oct 2018

% Change

* Trading commenced on 05 Nov 2018

 

Clearing and Settlement

CCASS Statistics (securities market)

Nov 2018

Oct 2018

% Change

Average daily number of exchange trades settled by CCASS

1,501,974

1,561,062

-3.79%

Average daily number of settlement instructions (SIs) settled by CCASS

94,387

97,357

-3.05%

Average daily number of investor SIs (ISIs) settled by CCASS

191

232

-17.67%

Average daily settlement efficiency of CNS stock positions on due day (T+2)

99.91

99.92

N/A

Shares deposited in the CCASS depository

– % of total issued shares

– % of the total market capitalisation


75.86

58.51


76.23

58.46


N/A

N/A

DCASS Statistics (derivatives market)

Nov 2018

Oct 2018

% Change

Month-end Open Interest (contracts)

 

 

 

– Equity Index Futures

793,743

845,693

-6.1%

– Stock Futures

26,382

22,535

17.1%

– Interest Rates Futures

410

416

-1.4%

– RMB Currency Futures

34,902

34,093

2.4%

– Gold Futures

369

426

-13.4%

– Iron Ore Futures

1,224

573

113.6%

– London Metal Mini Futures

7

8

-12.5%

– Equity Index Options

3,960,350

3,772,594

5.0%

– Stock Options

9,856,996

9,108,731

8.2%

– RMB Currency Options

7,914

9,039

-12.4%

CCASS Statistics (securities market)

Nov 2018

Oct 2018

% Change

 

Year-to-date Statistics

Securities Market

Nov 2018

YTD

Nov 2017

YTD

% Change

No. of newly listed companies #

196

151

29.8%

Average daily turnover by value ($Mil.) ^

110,383

86,884

27.0%

Average share traded per trading day (Mil. Shares)

229,562

178,785

28.4%

Average no. of trades per trading day

1,625,976

1,229,470

32.3%

Fund raised by IPOs ($Mil.)

261,478

116,,881

123.7%

Total funds raised (including IPOs) ($Mil.)*

502,946

504,189

-0.2%

Derivatives Market

Nov 2018
YTD

Nov 2017
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

513,940

301,641

70.4%

– Stock Futures

3,262

482

576.8%

– 5-Year MOF T-Bond Futures

-

53

-

– Interest Rates Futures

3

2

50.0%

– RMB Currency Futures

7,142

2,996

138.4%

– Gold Futures

1,420

1,123

26.4%

– Iron Ore Futures

40

629

-93.6%

– London Metal Mini Futures

7

11

-36.4%

– Equity Index Options

163,592

129,422

26.4%

– Stock Options

528,369

422,887

24.9%

– RMB Currency Options

123

57

115.8%

Clearing & Settlement

Nov 2018
YTD

Nov 2017
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,625,309

1,228,844

32.26%

Average daily number of settlement instructions (SIs) settled by CCASS

102,629

91,362

12.33%

Average daily number of investor SIs (ISIs) settled by CCASS

311

337

-7.72%

Securities Market

Nov 2018

YTD

Nov 2017

YTD

% Change

# 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 30 November 2018

Top 10 Hang Seng Index Closes

Rank

Date

Close

1

2018/01/26

33154.12

2

2018/01/29

32966.89

3

2018/01/24

32958.69

4

2018/01/23

32930.70

5

2018/01/31

32887.27

6

2018/01/25

32654.45

7

2018/02/01

32642.09

8

2018/01/30

32607.29

9

2018/02/02

32601.78

10

2018/01/22

32393.41

Rank

Date

Close

 

Top 10 Daily Market Turnover

(Main Board and GEM)

Rank

Date

Turnover ($)

1

2015/04/09

293,910,756,648

2

2018/03/23

284,101,947,853

3

2015/04/13

266,098,632,854

4

2018/02/06

258,799,618,543

5

2015/04/08

252,396,050,844

6

2015/04/14

239,903,336,931

7

2015/07/08

237,429,139,110

8

2015/04/10

222,888,834,174

9

2018/02/09

219,595,292,569

10

2018/02/07

218,890,883,115

Rank

Date

Turnover ($)

 

Top 10 Market Capitalisation

(Main Board and GEM)

Rank

Date

Market Capitalisation ($)

1

2018/01/26

37,715,721,713,817

2

2018/01/29

37,498,267,978,409

3

2018/01/24

37,458,993,282,123

4

2018/01/23

37,434,956,503,062

5

2018/01/31

37,196,824,130,391

6

2018/01/25

37,171,558,627,632

7

2018/01/30

37,034,857,609,118

8

2018/02/02

36,948,839,611,393

9

2018/02/01

36,943,877,577,778

10

2018/01/22

36,925,559,142,548

Rank

Date

Market Capitalisation ($)

 

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

13,725,731

2018/03/27

Hang Seng China Enterprises Index Futures

467,559

2015/08/26

557,869

2018/10/29

Hang Seng Index Futures

422,450

2018/10/26

206,082

2017/06/27

Hang Seng China Enterprises Index Options

232,994

2018/02/09

3,749,790

2018/11/28

Mini Hang Seng Index Futures

215,927

2018/02/07

22,321

2018/10/26

Hang Seng Index Options

130,998

2018/01/23

594,941

2017/11/28

Mini-Hang Seng China Enterprises Index Futures

76,471

2018/02/06

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

Mini Hang Seng Index Options

25,534

2018/11/02

48,450

2018/11/28

Product

Record High Daily Volume

Record High Open Interest

 

 

 

 

Updated 30 Nov 2018