HKEX Monthly Market Highlights

Highlights

- Securities Market

The average daily turnover for the first two months of 2018 was $153.7 billion, an increase of 121 per cent when compared with $69.7 billion for the same period last year.
Funds raised through IPOs for the first two months of 2018 was $20.7 billion, an increase of 111 per cent when compared with $9.8 billion for the same period last year.
Total funds raised for the first two months of 2018 was $77.5 billion, an increase of 185 per cent when compared with $27.2 billion for the same period last year.
There were 50* newly listed companies for the first two months of 2018, an increase of 92 per cent when compared with 26* for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first two months of 2018 was 1,419,983 contracts, an increase of 88 per cent when compared with the 755,215 contracts for the same period last year.
The average daily turnover of Stock Options for the first two months of 2018 was 724,093 contracts, an increase of 113 per cent when compared with the 339,406 contracts for the same period last year.
On 6, 7 and 9 February 2018, the turnover of Mini-Hang Seng China Enterprises Index Futures, Mini Hang Seng Index Futures and Hang Seng China Enterprises Index Options reached a record highs of 76,471 contracts, 215,927 contracts and 232,994 contracts respectively.
On 9 and 22 February 2018, the turnover and open interest of Mini-Hang Seng China Enterprises Index Options reached a record highs of 11,728 contracts and 23,708 contracts respectively.
On 26 February 2018, the open interest of Stock Options reached a record high of 13,610,390 contracts.

* Includes any transfers of listing from GEM to Main Board

Listed Securities (Main Board and GEM)

Month-end figures

	Feb 2018	Feb 2017	End 2017
No. of listed companies	2,162	1,997	2,118
Total market capitalisation ($Bil.)	35,155.4	26,680.0	33,998.8
No. of newly listed companies *	20	9	174
No. of listed securities	14,497	9,279	12,803
No. of equity warrants	5	8	8
No. of derivatives warrants	7,083	4,013	6,094
No. of CBBCs	4,007	2,185	3,374
No. of unit trusts	145	152	145
No. of debt securities	1,078	914	1,047

	Feb 2018	Feb 2017	End 2017

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

Securities Market Turnover (Main Board and GEM)

	Feb 2018	Jan 2018	% Change
Monthly turnover ($Mil.) *	2,605,587	3,540,696	-26.4%
Average daily turnover by value ($Mil.) *	144,755	160,941	-10.1%
No. of trading days	18	22	-

	Feb 2018	Jan 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)

	Feb 2018 ($Mil)	Jan 2018 ($Mil)	% Change
Equities	1,914,766.34 (73.5%)	2,522,644.31 (71.2%)	-24.1%
Derivative warrants	377,084.94 (14.5%)	626,154.07 (17.7%)	-39.8%
CBBCs	169,909.02 (6.5%)	228,213.66 (6.4%)	-25.5%
Unit Trusts (include ETFs)	141,091.89 (5.4%)	158,636.53 (4.5%)	-11.1%

	Feb 2018 ($Mil)	Jan 2018 ($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 February 2018 was $21,584 million (0.8% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Feb 2018	Feb 2017	End 2017
No. of H shares	254	242	252
No. of Red chips Stocks	164	159	159
No. of Mainland private enterprises	644	609	640
Market capitalisation (% of market total)	66.9%	63.7%	66.2%
Turnover value (% of equity turnover)	77.8%	71.5%	76.1%

	Feb 2018	Feb 2017	End 2017

Index Performance

Month-end figures

	Feb 2018	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	40143.06	-6.8%	34.2%
S&P/HKEX GEM Index	247.75	-2.2%	-29.4%
Hang Seng Index	30844.72	-6.2%	29.9%
Hang Seng China Enterprises Index #	12382.08	-8.7%	20.2%
Hang Seng China-Affiliated Corporations Index*	4519.44	-6.2%	17.3%
CES China 120 Index ^	6927.86	-7.2%	29.7%
CESChina HK Mainland Index +	8601.82	-7.7%	44.0%

	Feb 2018	% Change over 1 Month	% Change over 12 Months

# - 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)
	Feb 2018	Jan 2018	% Change
Total Futures	560,192	457,484	22.5%
Hang Seng Index Futures	212,417	198,509	7.0%
Mini Hang Seng Index Futures	120,300	81,136	48.3%
Hang Seng China Enterprises Index Futures	177,345	140,569	26.2%
Mini-Hang Seng China Enterprises Index Futures	39,620	25,722	54.0%
HSI Dividend Point Index Futures	61	147	-58.5%
HSCEI Dividend Point Index Futures	1,670	2,681	-37.7%
HSI Volatility Index Futures	0	0	-
CES China 120 Index Futures	2	26	-92.3%
CES Gaming Top 10 Index Futures	1	6	-83.3%
Hang Seng Mainland Oil & Gas Index Futures	61	54	13.0%
Hang Seng Mainland Banks Index Futures	246	193	27.5%
Hang Seng Mainland Healthcare Index Futures	0	0	-
Hang Seng Mainland Properties Index Futures	84	37	127.0%
Hang Seng IT Hardware Index Futures	0	0	-
Hang Seng Software & Services Index Futures	1	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	670	783	-14.4%
3-Month HIBOR Futures	0	0	-
1-Month HIBOR Futures	1	0	-
RMB Currency Futures - USD/CNH Futures	5,791	5,001	15.8%
RMB Currency Futures - EUR/CNH Futures	10	8	25.0%
RMB Currency Futures - JPY/CNH Futures	7	9	-22.2%
RMB Currency Futures - AUD/CNH Futures	2	2	0.0%
RMB Currency Futures - CNH/USD Futures	32	30	6.7%
USD Gold Futures	1,737	2,083	-16.6%
CNH Gold Futures	114	372	-69.4%
Iron Ore Futures – Monthly Contracts	5	110	-95.5%
Iron Ore Futures – Quarterly Contracts	0	0	-
London Aluminium Mini Futures	3	3	0.0%
London Zinc Mini Futures	4	1	300.0%
London Copper Mini Futures	0	0	-
London Lead Mini Futures	0	0	-
London Nickel Mini Futures	7	2	250.0%
London Tin Mini Futures	0	0	-
Total Options	862,290	960,454	-10.2%
Hang Seng Index Options	64,122	60,522	5.9%
Mini Hang Seng Index Options	9,970	9,545	4.5%
Flexible Hang Seng Index Options	0	35	-100.0%
Hang Seng China Enterprises Index Options	123,350	109,835	12.3%
Mini-Hang Seng China Enterprises Index Options	4,386	4,116	6.6%
Flexible Hang Seng China Enterprises Index Options	0	159	-100.0%
Stock Options	660,409	776,197	-14.9%
RMB Currency Futures - USD/CNH Options	53	46	15.2%
Total Futures and Options	1,422,482	1,417,938	0.3%

	Average Daily Volume (Contracts)
	Feb 2018	Jan 2018	% Change

Clearing and Settlement

CCASS Statistics (securities market)	Feb 2018	Jan 2018	% Change
Average daily number of exchange trades settled by CCASS	1,806,749	1,888,525	-4.33%
Average daily number of settlement instructions (SIs) settled by CCASS	120,183	115,519	4.04%
Average daily number of investor SIs (ISIs) settled by CCASS	459	537	-14.53%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.87	99.90	N/A
Shares deposited in the CCASS depository –% of total issued shares – % of the total market capitalisation	76.14 59.88	76.11 59.71	N/A N/A
DCASS Statistics (derivatives market)	Feb 2018	Jan 2018	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	446,769	545,336	-18.1%
– Stock Futures	6,354	6,680	-4.9%
– Interest Rates Futures	490	475	3.2%
– RMB Currency Futures	28,316	24,059	17.7%
– Gold Futures	360	383	-6.0%
– Iron Ore Futures	106	433	-75.5%
– London Metal Mini Futures	40	89	-55.1%
– Equity Index Options	3,377,640	3,060,812	10.4%
– Stock Options	11,081,375	11,237,548	-1.4%
– RMB Currency Options	4,013	3,669	9.4%

CCASS Statistics (securities market)	Feb 2018	Jan 2018	% Change

Year-to-date statistics

Securities Market	Feb 2018 YTD	Feb 2017 YTD	% Change
No. of newly listed companies #	50	26	92.3%
Average daily turnover by value ($Mil.) ^	153,657	69,732	120.4%
Average share traded per trading day (Mil. Shares)	259,292	203,865	27.2%
Average no. of trades per trading day	1,852,380	1,070,373	73.1%
Fund raised by IPOs ($Mil.)	20,740	9,774	112.2%
Total funds raised (including IPOs) ($Mil.)*	77,542	27,182	185.3%
Derivatives Market	Feb 2018 YTD	Feb 2017 YTD	% Change
Average daily volume (contracts)
– Equity Index Futures	495,308	273,255	81.3%
– Stock Futures	732	732	0.0%
– 5-Year MOF T-Bond Futures	-	-	-
– Interest Rates Futures	1	1	0.0%
– RMB Currency Futures	5,407	3,872	39.6%
– Gold Futures	2,183	-	-
– Iron Ore Futures	63	-	-
– London Metal Mini Futures	10	8	25.0%
– Equity Index Options	192,139	137,941	39.3%
– Stock Options	724,093	339,406	113.3%
– RMB Currency Options	49	-	-
Clearing & Settlement	Feb 2018 YTD	Feb 2017 YTD	% Change
Average daily number of exchange trades handled by CCASS	1,851,726	1,069,793	73.09%
Average daily number of settlement instructions (SIs) settled by CCASS	117,552	83,032	41.57%
Average daily number of investor SIs (ISIs) settled by CCASS	503	285	76.49%

Securities Market

Feb 2018

YTD

Feb 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 28 February 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	2015/04/13	266,098,632,854
3	2018/02/06	258,799,618,543
4	2015/04/08	252,396,050,844
5	2015/04/14	239,903,336,931
6	2015/07/08	237,429,139,110
7	2015/04/10	222,888,834,174
8	2018/02/09	219,595,292,569
9	2018/02/07	218,890,883,115
10	2015/04/15	218,018,391,899

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	13,610,390	2018/02/26
Hang Seng China Enterprises Index Futures	467,559	2015/08/26	519,817	2015/12/29
Hang Seng Index Futures	353,193	2018/01/26	206,082	2017/06/27
Hang Seng China Enterprises Index Options	232,994	2018/02/09	3,465,052	2017/12/27
Mini Hang Seng Index Futures	215,927	2018/02/07	21,682	2011/06/17
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
RMB Currency Futures - USD/CNH Futures	20,338	2017/01/05	46,711	2017/01/04

Product	Record High Daily Volume		Record High Open Interest