Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 100,506.37 +633.76

HKEX Monthly Market Highlights

Date 07/07/2022

Highlights


- Securities Market

  • Market capitalisation was $39.1 trillion at the end of June 2022, an increase of 3 per cent from $37.9 trillion at the end of May 2022.
  • The average daily turnover in June 2022 was $150.7 billion, an increase of 26 per cent when compared with $119.4 billion in May 2022.
  • The average daily turnover of ETFs for the first six months of 2022 was $9.7 billion, an increase of 59 per cent when compared with $6.1 billion for the same period last year.
  • The average daily turnover of L&I Products for the first six months of 2022 was $2.1 billion, an increase of 91 per cent when compared with $1.1 billion for the same period last year.
  • The average daily turnover of Debt Securities for the first six months of 2022 was $550 million, an increase of 38 per cent when compared with $400 million for the same period last year.

- Derivatives Market

  • The average daily turnover of futures and options for the first six months of 2022 was 1,308,817 contracts, an increase of 8 per cent when compared with the 1,209,265 contracts for the same period last year.
  • The average daily turnover of equity index futures for the first six months of 2022 was 558,067 contracts, an increase of 39 per cent when compared with the 400,876 contracts for the same period last year.
  • The average daily turnover of equity index options for the first six months of 2022 was 114,018 contracts, an increase of 21 per cent when compared with the 93,860 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first six months of 2022 was 18,573 contracts, an increase of 36 per cent when compared with the 13,618 contracts for the same period last year.
  • On 27 June 2022, the turnover and open interest of Hang Seng TECH Index Futures reached a record high of 205,115 contracts and 143,153 contracts respectively.
  • On 16 June 2022, the open interest of Hang Seng China Enterprises Index Futures Options reached a record high of 418,219 contracts.
  • On 14 June 2022, the turnover and open interest of MSCI China Net Total Return (USD) Index Futures reached a record high of 22,774 contracts and 34,522 contracts respectively.
  • On 15 and 17 June 2022, the turnover and open interest of MSCI Japan Net Total Return (USD) Index Futures reached a record high of 31,792 contracts and 18,262 contracts respectively.

 

Listed Securities (Main Board and GEM) 

Month-end figures

 

Jun 2022

Jun 2021

End 2021

No. of listed companies

2,568

2,554

2,572

Total market capitalisation ($Bil.)

39,064.9

52,840.4

42,381.1

No. of newly listed companies *

6

7

98

No. of listed securities

16,856

18,740

18,882

No. of SPAC shares

2

-

-

No. of equity warrants (excluding SPAC warrants)

3

2

4

No. of SPAC warrants

2

-

-

No. of derivatives warrants

7,673

9,036

9,464

No. of inline warrants

53

257

98

No. of CBBCs

4,593

5,026

4,817

No. of unit trusts

175

169

167

No. of debt securities

1,777

1,680

1,747

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

 

Securities Market Turnover (Main Board and GEM) 

 

Jun 2022

May 2022

% Change

Monthly turnover ($Mil.) *

3,164,184

2,388,351

32.5%

Average daily turnover by value ($Mil.) *

150,675

119,418

26.2%

No. of trading days

21

20

-

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

 

Turnover by Type of Securities (Main Board and GEM) 

 

Jun 2022

($Mil)

May 2022

($Mil)

% Change

Equities

2,478,136.88
(78.3%)

1,839,234.66
(77.0%)

34.7%

Derivative warrants

196,154.77

(6.2%)

163,646.95
(6.9%)

19.9%

CBBCs

176,177.07

(5.6%)

145,498.74

(6.1%)

21.1%

Inline warrants

10.29

(0.0%)

5.57

(0.0%)

84.7%

 

Unit trusts

(include ETFs)

304,226.72
(9.6%)

227,840.65
(9.5%)

33.5%

( ) % 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 Jun 2022 was $35,580 million (1.1% of the securities market total turnover).

 

Mainland Enterprises (Main Board and GEM) 

Month-end figures

 

Jun 2022

Jun 2021

End 2021

No. of H shares

300

291

296

No. of Red chips Stocks

175

176

174

No. of Mainland private enterprises

897

874

898

Market capitalisation (% of market total)

78.1%

80.6%

78.9%

Turnover value (% of equity turnover)

88.2%

87.8%

88.1%

 

Index Performance 

Month-end figures

 

Jun 2022

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

31529.50

2.8%

-26.5%

S&P/HKEX GEM Index

42.75

9.6%

-58.7%

Hang Seng Index

21859.79

2.1%

-24.2%

Hang Seng China Enterprises Index

7666.88

3.4%

-28.1%

Hang Seng China-Affiliated Corporations Index*

3951.49

-0.1%

-1.0%

CES China 120 Index ^

6409.22

7.3%

-23.0%

CESChina HK Mainland Index +

6384.86

4.8%

-31.0%

* - 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)*

Jun

2022

May

2022

% Change

Total Futures

607,329

580,682

4.6%

Hang Seng Index Futures

155,025

143,209

8.3%

Mini Hang Seng Index Futures

109,386

106,826

2.4%

HSI (Gross Total Return Index) Futures

0

0

-

HSI (Net Total Return Index) Futures

0

0

-

Hang Seng China Enterprises Index Futures

175,047

185,846

-5.8%

Mini-Hang Seng China Enterprises Index Futures

13,933

12,950

7.6%

HSCEI (Gross Total Return Index) Futures

0

0

-

HSCEI (Net Total Return Index) Futures

0

0

-

HSI Dividend Point Index Futures

0

20

-100.0%

HSCEI Dividend Point Index Futures

528

1,323

-60.1%

HSI Volatility Index Futures

0

0

-

Hang Seng TECH Index Futures

88,834

71,800

23.7%

MSCI AC Asia ex Japan NTR Index Futures

107

18

494.4%

MSCI Australia Net Total Return (USD) Index Futures

0

0

-

MSCI China A 50 Connect (USD) Index Futures

19,297

15,853

21.7%

MSCI China (USD) Index Futures

1

0

-

MSCI China Free (USD) Index Futures

0

0

-

MSCI China Free Net Total Return (USD) Index Futures

133

0

-

MSCI China Net Total Return (USD) Index Futures

1,716

434

295.4%

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

17

8

112.5%

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

2

100.0%

MSCI Hong Kong Net Total Return (USD) Index Futures

1

4

-75.0%

MSCI India (USD) Index Futures

0

0

-

MSCI India Net Total Return (USD) Index Futures

60

16

275.0%

MSCI Indonesia (USD) Index Futures

0

0

-

MSCI Indonesia Net Total Return (USD) Index Futures

10

24

-58.3%

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

1,484

130

1041.5%

MSCI Malaysia (USD) Index Futures

0

0

-

MSCI Malaysia Net Total Return (USD) Index Futures

136

7

1842.9%

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

3

4

-25.0%

MSCI Singapore Free (SGD) Index Futures

1

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

8,706

7,630

14.1%

MSCI Taiwan 25/50 (USD) Index Futures

22

11

100.0%

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

0

0

-

MSCI Taiwan Net Total Return (USD) Index Futures

1,033

213

385.0%

MSCI Thailand (USD) Index Futures

0

0

-

MSCI Thailand Net Total Return (USD) Index Futures

1

5

-80.0%

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

3

-100.0%

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

8,436

7,029

20.0%

3-Month HIBOR Futures

2

1

100.0%

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

15,308

19,538

-21.7%

RMB Currency Futures - Mini USD/CNH Futures

4,390

3,720

18.0%

RMB Currency Futures - EUR/CNH Futures

5

7

-28.6%

RMB Currency Futures - JPY/CNH Futures

0

2

-100.0%

RMB Currency Futures - AUD/CNH Futures

0

1

-100.0%

RMB Currency Futures - CNH/USD Futures

4

2

100.0%

INR Currency Futures - INR/USD Futures

267

218

22.5%

INR Currency Futures - INR/CNH Futures

0

0

-

USD Gold Futures

1,528

1,680

-9.0%

CNH Gold Futures

0

0

-

USD Silver Futures

7

3

133.3%

CNH Silver Futures

0

0

-

Iron Ore Futures – Monthly Contracts

0

139

-100.0%

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

480

537

-10.6%

USD London Zinc Mini Futures

1,106

1,096

0.9%

USD London Copper Mini Futures

311

373

-16.6%

USD London Lead Mini Futures

0

0

-

USD London Nickel Mini Futures

0

0

-

USD London Tin Mini Futures

0

0

-

Total Options

728,112

637,766

14.2%

Hang Seng Index Options

22,525

21,403

5.2%

Mini Hang Seng Index Options

12,071

12,123

-0.4%

Weekly Hang Seng Index Options

10,828

10,512

3.0%

Flexible Hang Seng Index Options

0

0

-

Hang Seng Index Futures Options

1,284

3,892

-67.0%

Hang Seng China Enterprises Index Options

38,340

48,184

-20.4%

Mini-Hang Seng China Enterprises Index Options

2,524

2,457

2.7%

Weekly Hang Seng China Enterprises Index Options

1,705

1,519

12.2%

Flexible Hang Seng China Enterprises Index Options

0

0

-

Hang Seng China Enterprises Index Futures Options

14,492

13,527

7.1%

Hang Seng TECH Index Options

1,085

488

122.3%

MSCI China Free (USD) Index Options

0

0

-

MSCI Taiwan (USD) Index Options

0

0

-

Stock Options

623,231

523,598

19.0%

RMB Currency Options - USD/CNH Options

27

63

-57.1%

Total Futures and Options

1,335,441

1,218,448

9.6%

* Total average daily volume is the sum of the respective average volume of the individual products

 

Clearing and Settlement

CCASS Statistics (securities market)

Jun 2022

May 2022

% Change

Average daily number of exchange trades settled by CCASS

2,438,281

2,047,212

19.10%

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

124,123

108,094

14.83%

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

231

197

17.38%

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

99.90

99.91

N/A

Shares deposited in the CCASS depository

– % of total issued shares

– % of the total market capitalisation

 

75.86

64.62

 

76.48

63.81

 

N/A

N/A

DCASS Statistics (derivatives market)

Jun 2022

May 2022

% Change

Month-end Open Interest (contracts)

 

 

 

– Equity Index Futures

818,483

827,180

-1.1%

– Stock Futures

39,385

38,013

3.6%

– Interest Rates Futures

30

25

20.0%

– RMB Currency Futures

20,226

26,782

-24.5%

– INR Currency Futures

160

171

-6.4%

– Gold Futures

119

192

-38.0%

– Silver Futures

0

0

-

– Iron Ore Futures

2,780

3,470

-19.9%

– London Metal Mini Futures

801

850

-5.8%

– Equity Index Options

1,647,521

1,931,493

-14.7%

– Stock Options

7,938,359

9,326,135

-14.9%

– RMB Currency Options

1,419

2,141

-33.7%

 

Year-to-date Statistics 

Securities Market

Jun 2022

YTD

Jun 2021

YTD

% Change

No. of newly listed companies #

27

46

-41.3%

Average daily turnover by value ($Mil.) ^

138,263

188,152

-26.5%

Average share traded per trading day (Mil. Shares)

255,161

268,649

-5.0%

Average no. of trades per trading day

2,288,409

2,530,314

-9.6%

Fund raised by IPOs ($Mil.)*

19,734

211,729

-90.7%

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

114,036

487,353

-76.6%

Derivatives Market

Jun 2022

YTD

Jun 2021

YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

558,067

400,876

39.2%

– Stock Futures

9,462

11,160

-15.2%

– Interest Rates Futures

1

0

-

– RMB Currency Futures

18,573

13,618

36.4%

– INR Currency Futures

1,153

1,079

6.9%

– Gold Futures

1,617

24

6637.5%

– Silver Futures

11

2

450.0%

– Iron Ore Futures

46

14

228.6%

– London Metal Mini Futures

1,719

1,132

51.9%

– Equity Index Options

114,018

93,860

21.5%

– Stock Options

604,117

687,473

-12.1%

– RMB Currency Options

33

27

22.2%

Clearing & Settlement

Jun 2022

YTD

Jun 2021

YTD

% Change

Average daily number of exchange trades handled by CCASS

2,287,185

2,528,428

-9.54%

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

119,913

133,431

-10.13%

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

239

315

-24.09%

# Includes the number of transfer of listings from GEM to Main Board
^ Turnover value for traded in non-HKD currency securities have been included
* Includes fund raised by initial offering by way of subscription, sales and placing
** Provisional figures only

 

Historical Records 

up to 30 Jun 2022

 

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

2022/03/16

309,913,857,581

5

2021/02/22

303,594,716,032

6

2021/01/19

302,507,509,559

7

2021/01/20

301,244,822,148

8

2022/03/17

301,106,198,997

9

2015/04/09

293,910,756,648

10

2021/01/25

288,079,469,553

 

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

27,632

2022/03/17

Hang Seng TECH Index Futures

205,115

2022/06/27

143,153

2022/06/27

Hang Seng Index Options

140,628

2021/01/11

594,941

2017/11/28

Mini-Hang Seng China Enterprises Index Futures

76,471

2018/02/06

16,436

2014/12/11

MSCI China A 50 Connect (USD) Index Futures

65,682

2022/02/16

42,718

2022/01/18

MSCI AC Asia ex Japan NTR Index Futures

56,378

2019/12/16

46,698

2019/09/17