Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEX Monthly Market Highlights

Date 06/09/2021

Highlights

- Securities Market

  • Market capitalisation was $46.8 trillion at the end of August 2021, an increase of 10 per cent from $42.7 trillion for the same period last year.
  • The average daily turnover in August 2021 was $159.3 billion, an increase of 18 per cent from $135.2 billion for the same period last year.
  • The average daily turnover for the first eight months of 2021 was $183.8 billion, an increase of 46 per cent when compared with $126.1 billion for the same period last year.
  • The average daily turnover of derivative warrants for the first eight months of 2021 was $11.8 billion, an increase of 34 per cent when compared with $8.8 billion for the same period last year.
  • The average daily turnover of ETFs for the first eight months of 2021 was $6.5 billion, an increase of 25 per cent when compared with $5.2 billion for the same period last year.
  • The average daily turnover of Debt Securities for the first eight months of 2021 was $410 million, an increase of 64 per cent when compared with $250 million for the same period last year.
  • Funds raised through IPOs for the first eight months of 2021 was $269.8 billion, an increase of 81 per cent when compared with $149.3 billion for the same period last year.
  • Total funds raised for the first eight months of 2021 was $556.1 billion, an increase of 49 per cent when compared with $373.8 billion for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first eight months of 2021 was 1,209,685 contracts, an increase of 2 per cent when compared with the 1,186,931 contracts for the same period last year.
  • The average daily turnover of Stock Options for the first eight months of 2021 was 683,779 contracts, an increase of 29 per cent when compared with the 530,627 contracts for the same period last year.
  • The average daily turnover of Stock Futures for the first eight months of 2021 was 10,931 contracts, an increase of 141 per cent when compared with the 4,527 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first eight months of 2021 was 9,371 contracts, an increase of 35 per cent when compared with the 6,944 contracts for the same period last year.
  • On 19 and 27 August 2021, the turnover and open interest of Hang Seng TECH Index Options reached a record high of 3,329 contracts and 20,159 contracts respectively.
  • On 19 August 2021, the turnover of MSCI Indonesia Net Total Return (USD) Index Futures reached a record high of 15,865 contracts.

 

Listed Securities (Main Board and GEM)

Month-end figures

 

Aug 2021

Aug 2020

End 2020

No. of listed companies

2,562

2,509

2,538

Total market capitalisation ($Bil.)

46,786.9

42,746.8

47,523.0

No. of newly listed companies *

3

3

154

No. of listed securities

18,871

17,130

17,041

No. of equity warrants

3

3

1

No. of derivatives warrants

9,460

7,019

7,507

No. of inline warrants

195

779

507

No. of CBBCs

4,743

5,156

4,739

No. of unit trusts

170

155

159

No. of debt securities

1,722

1,493

1,574

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

 

Securities Market Turnover (Main Board and GEM)

 

Aug 2021

Jul 2021

% Change

Monthly turnover ($Mil.) *

3,505,523

3,870,930

-9.4%

Average daily turnover by value ($Mil.) *

159,342

184,330

-13.6%

No. of trading days

22

21

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Aug 2021

($Mil)

Jul 2021

($Mil)

% Change

Equities

2,930,958.73
(83.6%)

3,261,081.40
(84.2%)

-10.1%

Derivative warrants

206,838.21

(5.9%)

220,121.14

(5.7%)

-6.0%

CBBCs

168,053.66

(4.8%)

169,536.93

(4.4%)

-0.9%

Inline warrants

105.58

(0.0%)

276.22

(0.0%)

-61.8%

 

Unit trusts

(include ETFs)

190,762.56
(5.4%)

210,994.98
(5.5%)

-9.6%

 ( ) % 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 Aug 2021 was $42,412 million (1.2% of the securities market total turnover).

 

Mainland Enterprises (Main Board and GEM)

Month-end figures

 

Aug 2021

Aug 2020

End 2020

No. of H shares

290

287

291

No. of Red chips Stocks

175

177

176

No. of Mainland private enterprises

889

823

852

Market capitalisation (% of market total)

79.7%

79.4%

80.1%

Turnover value (% of equity turnover)

89.5%

85.6%

84.7%

 

Index Performance

Month-end figures

 

 

Aug 2021

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

37866.59

-0.3%

-4.6%

S&P/HKEX GEM Index

87.80

3.1%

-20.2%

Hang Seng Index

25878.99

-0.3%

2.8%

Hang Seng China Enterprises Index

9183.76

-0.5%

-8.1%

Hang Seng China-Affiliated Corporations Index*

3914.06

9.2%

-1.6%

CES China 120 Index ^

7065.55

-0.8%

-9.9%

CESChina HK Mainland Index +

7852.13

-0.1%

-6.4%

* - 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)

Aug 2021

Jul 2021

% Change

Total Futures

426,474

458,296

-6.9%

Hang Seng Index Futures

132,085

142,874

-7.6%

Mini Hang Seng Index Futures

103,640

98,444

5.3%

HSI (Gross Total Return Index) Futures

0

0

-

HSI (Net Total Return Index) Futures

0

0

-

Hang Seng China Enterprises Index Futures

124,953

151,231

-17.4%

Mini-Hang Seng China Enterprises Index Futures

13,479

13,604

-0.9%

HSCEI (Gross Total Return Index) Futures

0

0

-

HSCEI (Net Total Return Index) Futures

0

0

-

HSI Dividend Point Index Futures

16

29

-44.8%

HSCEI Dividend Point Index Futures

1,306

1,637

-20.2%

HSI Volatility Index Futures

0

0

-

Hang Seng TECH Index Futures

23,759

20,463

16.1%

MSCI AC Asia ex Japan NTR Index Futures

9

15

-40.0%

MSCI Australia Net Total Return (USD) Index Futures

0

0

-

MSCI China Free (USD) Index Futures

16

9

77.8%

MSCI China Free Net Total Return (USD) Index Futures

118

62

90.3%

MSCI EM Asia ex China Net Total Return (USD) Index Futures

0

0

-

MSCI EM Asia ex Korea Net Total Return (USD) Index Futures

0

0

-

MSCI EM Asia Net Total Return (USD) Index Futures

4

9

-55.6%

MSCI EM EMEA Net Total Return (USD) Index Futures

0

0

-

MSCI EM ex China Net Total Return (USD) Index Futures

0

0

-

MSCI EM ex Korea Net Total Return (USD) Index Futures

0

0

-

MSCI EM LatAm Net Total Return (USD) Index Futures

0

0

-

MSCI Emerging Markets (USD) Index Futures

0

0

-

MSCI Emerging Markets Net Total Return (USD) Index Futures

4

11

-63.6%

MSCI Hong Kong Net Total Return (USD) Index Futures

35

0

-

MSCI India (USD) Index Futures

0

0

-

MSCI India Net Total Return (USD) Index Futures

4

4

0.0%

MSCI Indonesia (USD) Index Futures

0

0

-

MSCI Indonesia Net Total Return (USD) Index Futures

722

0

-

MSCI Japan (JPY) Index Futures

0

0

-

MSCI Japan Net Total Return (JPY) Index Futures

0

0

-

MSCI Japan Net Total Return (USD) Index Futures

0

99

-100.0%

MSCI Malaysia (USD) Index Futures

0

0

-

MSCI Malaysia Net Total Return (USD) Index Futures

0

6

-100.0%

MSCI New Zealand Net Total Return (USD) Index Futures

0

0

-

MSCI Pacific ex Japan Net Total Return (USD) Index Futures

0

0

-

MSCI Pacific Net Total Return (USD) Index Futures

0

0

-

MSCI Philippines (USD) Index Futures

0

0

-

MSCI Philippines Net Total Return (USD) Index Futures

0

0

-

MSCI Singapore Free (SGD) Index Futures

0

4

-100.0%

MSCI Singapore Free Net Total Return (USD) Index Futures

0

0

-

MSCI Singapore Net Total Return (USD) Index Futures

0

0

-

MSCI Taiwan (USD) Index Futures

4,197

5,138

-18.3%

MSCI Taiwan 25/50 (USD) Index Futures

23

25

-8.0%

MSCI Taiwan 25/50 Net Total Return (USD) Index Futures

0

0

-

MSCI Taiwan Net Total Return (USD) Index Futures

193

26

642.3%

MSCI Thailand (USD) Index Futures

0

0

-

MSCI Thailand Net Total Return (USD) Index Futures

336

11

2954.5%

MSCI Vietnam (USD) Index Futures

0

0

-

MSCI Vietnam Net Total Return (USD) Index Futures

0

0

-

CES China 120 Index Futures

0

0

-

Hang Seng Mainland Oil & Gas Index Futures

0

0

-

Hang Seng Mainland Banks Index Futures

0

0

-

Hang Seng Mainland Properties Index Futures

0

0

-

IBOVESPA Futures

0

0

-

MICEX Index Futures

0

0

-

FTSE/JSE Top40 Futures

0

0

-

Stock Futures

9,819

10,777

-8.9%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

5,741

6,478

-11.4%

RMB Currency Futures - Mini USD/CNH Futures

2,817

4,729

-40.4%

RMB Currency Futures - EUR/CNH Futures

2

3

-33.3%

RMB Currency Futures - JPY/CNH Futures

1

2

-50.0%

RMB Currency Futures - AUD/CNH Futures

0

0

-

RMB Currency Futures - CNH/USD Futures

0

2

-100.0%

INR Currency Futures - INR/USD Futures

794

734

8.2%

INR Currency Futures - INR/CNH Futures

0

0

-

USD Gold Futures

175

169

3.6%

CNH Gold Futures

0

0

-

USD Silver Futures

5

17

-70.6%

CNH Silver Futures

0

0

-

Iron Ore Futures – Monthly Contracts

17

65

-73.8%

Iron Ore Futures – Quarterly Contracts

0

0

-

CNH London Aluminium Mini Futures

0

0

-

CNH London Zinc Mini Futures

0

0

-

CNH London Copper Mini Futures

0

0

-

CNH London Lead Mini Futures

0

0

-

CNH London Nickel Mini Futures

0

0

-

CNH London Tin Mini Futures

0

0

-

USD London Aluminium Mini Futures

800

453

76.6%

USD London Zinc Mini Futures

527

388

35.8%

USD London Copper Mini Futures

877

776

13.0%

USD London Lead Mini Futures

0

0

-

USD London Nickel Mini Futures

1

0

-

USD London Tin Mini Futures

0

0

-

Total Options

725,008

840,524

-13.7%

Hang Seng Index Options

22,360

33,252

-32.8%

Mini Hang Seng Index Options

10,525

13,744

-23.4%

Weekly Hang Seng Index Options

8,541

9,353

-8.7%

Flexible Hang Seng Index Options

0

0

-

Hang Seng Index Futures Options *

12

-

-

Hang Seng China Enterprises Index Options

38,416

70,961

-45.9%

Mini-Hang Seng China Enterprises Index Options

1,615

1,955

-17.4%

Weekly Hang Seng China Enterprises Index Options

1,531

2,693

-43.1%

Flexible Hang Seng China Enterprises Index Options

0

0

-

Hang Seng China Enterprises Index Futures Options *

171

-

-

Hang Seng TECH Index Options

1,032

1,149

-10.2%

MSCI China Free (USD) Index Options

0

0

-

MSCI Taiwan (USD) Index Options

1

1

0.0%

Stock Options

640,919

707,397

-9.4%

RMB Currency Options - USD/CNH Options

11

20

-45.0%

Total Futures and Options

1,151,482

1,298,820

-11.3%

* Trading commenced on 23 August 2021

 

Clearing and Settlement

CCASS Statistics (securities market)

Aug 2021

Jul 2021

% Change

Average daily number of exchange trades settled by CCASS

2,334,737

2,527,313

-7.62%

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

119,665

125,679

-4.79%

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

237

252

-5.95%

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

99.93

99.92

N/A

Shares deposited in the CCASS depository

– % of total issued shares

– % of the total market capitalisation


77.09

63.43


76.79

62.46


N/A

N/A

DCASS Statistics (derivatives market)

Aug 2021

Jul 2021

% Change

Month-end Open Interest (contracts)

 

 

 

– Equity Index Futures

691,979

692,061

0.0%

– Stock Futures

38,922

39,103

-0.5%

– Interest Rates Futures

0

0

-

– RMB Currency Futures

27,490

26,345

4.3%

– INR Currency Futures

211

348

-39.4%

– Gold Futures

237

167

41.9%

– Silver Futures

0

0

-

– Iron Ore Futures

513

418

22.7%

– London Metal Mini Futures

1,825

2,061

-11.5%

– Equity Index Options

1,810,347

1,833,915

-1.3%

– Stock Options

11,601,420

11,182,973

3.7%

– RMB Currency Options

2,436

2,456

-0.8%

 

Year-to-date Statistics

Securities Market

Aug 2021

YTD

Aug 2020

YTD

% Change

No. of newly listed companies #

69

91

-24.2%

Average daily turnover by value ($Mil.) ^

183,798

126,124

45.7%

Average share traded per trading day (Mil. Shares)

258,325

213,852

20.8%

Average no. of trades per trading day

2,504,140

1,943,255

28.9%

Fund raised by IPOs ($Mil.)

269,772

149,305

80.7%

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

556,061

373,781

48.8%

Derivatives Market

Aug 2021

YTD

Aug 2020

YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

405,619

485,093

-16.4%

– Stock Futures

10,931

4,527

141.5%

– Interest Rates Futures

0

2

-100.0%

– RMB Currency Futures

9,371

6,944

35.0%

– INR Currency Futures

997

722

38.1%

– Gold Futures

63

405

-84.4%

– Silver Futures

5

14

-64.3%

– Iron Ore Futures

21

448

-95.3%

– London Metal Mini Futures

1,339

609

119.9%

– Equity Index Options

97,537

157,506

-38.1%

– Stock Options

683,779

530,627

28.9%

– RMB Currency Options

24

43

-44.2%

Clearing & Settlement

Aug 2021

YTD

Aug 2020

YTD

% Change

Average daily number of exchange trades handled by CCASS

2,502,302

1,941,578

28.88%

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

130,575

111,912

16.68%

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

297

284

4.58%

# 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 August 2021

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

 

Top 10 Daily Market Turnover

(Main Board and GEM)

Rank

Date

Turnover ($)

1

2021/07/27

361,238,455,648

2

2021/02/24

354,330,826,815

3

2021/02/26

321,313,602,377

4

2021/02/22

303,594,716,032

5

2021/01/19

302,507,509,559

6

2021/01/20

301,244,822,148

7

2015/04/09

293,910,756,648

8

2021/01/25

288,079,469,553

9

2018/03/23

284,101,947,853

10

2021/02/18

284,013,143,876

 

Top 10 Market Capitalisation

(Main Board and GEM)

Rank

Date

Market Capitalisation ($)

1

2021/02/17

58,672,185,510,043

2

2021/02/16

57,829,770,591,111

3

2021/02/19

57,502,986,918,920

4

2021/02/18

57,470,114,718,778

5

2021/02/11

56,844,960,338,845

6

2021/02/10

56,495,679,850,172

7

2021/02/22

56,276,247,080,503

8

2021/02/23

56,194,869,034,753

9

2021/02/09

55,171,603,385,082

10

2021/02/25

55,137,617,193,968

 

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

1,545,227

2020/07/06

15,625,280

2021/03/29

Hang Seng China Enterprises Index Futures

545,816

2021/07/27

635,051

2018/12/27

Hang Seng Index Futures

422,450

2018/10/26

206,082

2017/06/27

Hang Seng China Enterprises Index Options

389,483

2021/01/11

3,749,790

2018/11/28

Mini Hang Seng Index Futures

298,812

2020/03/19

22,321

2018/10/26

Hang Seng Index Options

140,628

2021/01/11

594,941

2017/11/28

Hang Seng TECH Index Futures

77,480

2021/07/27

41,602

2021/07/28

Mini-Hang Seng China Enterprises Index Futures

76,471

2018/02/06

16,436

2014/12/11

MSCI AC Asia ex Japan NTR Index Futures

56,378

2019/12/16

46,698

2019/09/17

MSCI Taiwan (USD) Index Futures

42,363

2020/11/24

65,267

2020/10/29