Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - April 2007

Date 07/05/2007

  1. The securities market capitalisation reached $14,040 billion on 11 April 2007 , exceeding $14 trillion for the first time. It reached an all-time high of $14,373 billion on 26 April 2007.
  2. Hang Seng China H-Financials Index Futures commenced trading on 16 April 2007.
  3. China CITIC Bank Corporation Limited (CITIC BANK, stock code 998), the second company listed by way of simultaneous A- and H-share offerings and the largest IPO so far this year, commenced trading in its shares on HKEx's securities market on 27 April 2007.

 

Listed Securities (Main Board and GEM)
Month-end figures

 

Apr 2007

Apr 2006

End 2006

No. of listed companies

1,186

1,143

1,173

Total market capitalisation ($Bil.)

14,247

 9,758

13,338

No. of newly listed companies

 6

 3

 62

No. of listed securities

 3,941

 2,783

 3,383

No. of equity warrants

 31

 26

 28

No. of derivatives warrants

 2,480

 1,428

 1,959

No. of CBBC*

 39

 -  

 24

No. of unit trusts

 22

 13

 15

No. of debt securities

 179

 169

 180

* The first CBBC were listed on 12 June 2006

 

Securities Market Turnover (Main Board and GEM)

 

Apr 2007

Mar 2007

% Chan ge

Monthly turnover ($Mil.)

997,405

1,098,301

-9%

Average daily turnover by value ($Mil.)

55,411

49,923

11%

No. of trading days

18

22

-

 

Turnover by Type of Securities (Main Board and GEM)

 

Apr 2007($Mil)

Mar 2007($Mil)

% Change

Equities

811,917.34
(81.4%)

862,953.16
(78.6%)

-5.9%

Derivative warrants

172,455.57
(17.3%)

221,313.77
(20.2%)

-22.1%

CBBC

1,256.05
(0.1%)

1,453.63
(0.1%)

-13.6%

Debt securities

0.44
(0.0%)
(less than 0.1%)

1.53
(0.0%)
(less than 0.1%)

-70.9%

( ) % of market total

 

Mainland Enterprises (Main Board and GEM)
Month-end figures

 

Apr 2007

Apr 2006

End 2006

No. of H shares

143

127

141

No. of Red chips Stocks

91

90

90

No. of NHMPE

140

127

136

Market capitalisation (% of market total)

50.3%

41.5%

50.3%

Turnover value (% of equity turnover)

64.2%

62.1%

60.0%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

Apr 2007

% Change over 1 Month

% Change YTD

S&P/HKEx LargeCap Index

24056.46

2.4%

23.1%

S&P/HKEx GEM Index

1406.66

4.2%

11.7%

Hang Seng Index

20318.98

2.6%

22.0%

Hang Seng China Enterprises Index#

10035.01

4.4%

46.8%

Hang Seng China-Affiliated Corporations Index*

3451.98

0.5%

45.7%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts) #

Apr 2007

Mar 2007

% Change

Total Futures

103,889

106,045

-2.0%

Hang Seng Index Futures

61,929

59,615

3.9%

Mini Hang Seng Index Futures

11,052

11,577

-4.5%

H-shares Index Futures

29,073

30,732

-5.4%

Hang Seng China H-Financials Index Futures1

174

-

-

FTSE/Xinhua China 25 Index Future

27

27

0.0%

Stock Futures

1,436

3,912

-63.3%

3-Month HIBOR Futures

197

182

8.2%

1-Month HIBOR Futures

1

0

-

3-Year Exchange Fund Note Futures

0

0

-

Total Options

154,246

183,647

-16.0%

Hang Seng Index Options

27,872

33,225

-16.1%

Mini Hang Seng Index Options

188

538

-65.1%

H-shares Index Options

4,123

7,482

-44.9%

FTSE/Xinhua China 25 Index Option

17

6

183.3%

Stock Options

122,046

142,396

-14.3%

Total Futures and Options

258,135

289,692

-10.9%

# Total average daily volume is the sum of the respective average daily volume of the individual products.
1  Trading in Hang Seng China H-Financials Index Futures commenced on 16 Apr 2007 .

 

Clearing and Settlement

CCASS Statistics (securities market)

Apr 2007

Mar 2007

% Change

Average daily number of exchange trades handled by CCASS

479,891

418,860

14.57%

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

54,165

51,294

5.60%

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

839

754

11.27%

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

99.77

99.77

N/A

Shares deposited in the CCASS depository
  -   % of total issued shares
  -   % of the total market capitalisation


62.36%
40.05%


61.51%
40.05%


N/A
N/A

DCASS Statistics (derivatives market)

Apr 2007

Mar 2007

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

198,469

191,266

3.8%

  -   Stock Futures

5,665

20,782

-72.7%

  -   Interest Rates Futures

11,831

9,035

30.9%

  -   Equity Index Options

338,869

340,313

-0.4%

  -   Stock Options

3,098,809

2,569,935

20.6%

 

Year-to-date Statistics

Securities Market

Apr 2007
YTD

Apr 2006
YTD

% Change

No. of newly listed companies

19

18

6%

Average daily turnover by value ($Mil.)

53,453

32,627

64%

Average share traded per trading day (Mil. Shares)

64,664

34,234

89%

Average no. of trades per trading day

442,550

254,825

74%

Fund raised by IPOs ($Mil.)

73,527

16,834

337%

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

107,574

51,141

110%

Derivatives Market

Apr 2007
YTD

Apr 2006
YTD

% Change

Average daily volume (contracts)

 

 

 

- Equity Index Futures

104,189

73,644

41.5%

- Stock Futures

2,220

186

1093.5%

- Interest Rates Futures

176

79

122.8%

- Equity Index Options

35,936

16,754

114.5%

- Stock Options

124,074

64,681

91.8%

Clearing & Settlement

Apr 2007
YTD

Apr 2006
YTD

% Change

Average daily number of exchange trades handled by CCASS

442,544

254,818

73.67%

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

50,691

35,667

42.12%

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

795

530

50.00%

* Provisional figures only

 

Historical Records
up to 30 April 2007

Top 10 Hang Seng Index Closes

Rank

Date

Close

1

2007/01/24

20821.05

2

2007/02/22

20809.23

3

2007/04/17

20788.61

4

2007/04/18

20777.09

5

2007/01/22

20772.22

6

2007/01/23

20769.70

7

2007/04/16

20757.53

8

2007/02/08

20735.05

9

2007/02/23

20711.65

10

2007/02/07

20679.69

 

Top 10 Daily Market Turnover
(Main Board and GEM)

Rank

Date

Turnover ($)

1

2007/02/28

80,859,034,731

2

1998/08/28

79,002,608,619

3

2007/01/04

76,680,647,923

4

2006/10/27

76,163,013,434

5

2007/03/05

72,768,457,913

6

2007/01/05

70,824,656,602

7

2007/02/27

65,122,555,681

8

2007/02/08

65,113,213,988

9

2007/04/16

65,064,466,953

10

2007/04/27

64,743,904,911

 

Top 10 Market Capitalisation
(Main Board and GEM)

Rank

Date

Market Capitalisation

($)

1

2007/04/26

14,372,974,968,054

2

2007/04/27

14,349,613,645,341

3

2007/04/23

14,323,539,832,142

4

2007/04/24

14,318,982,165,600

5

2007/04/18

14,303,926,964,598

6

2007/04/17

14,287,948,386,406

7

2007/04/20

14,284,296,622,279

8

2007/04/25

14,265,337,616,859

9

2007/04/30

14,246,938,399,418

10

2007/04/16

14,237,798,673,557

 

Record High for Top-5 Derivatives Market Products (Based on Contract Volume)

Product

Record High Daily Volume

Record High Open Interest

 

Contracts

Date

Contracts

Date

Hang Seng Index Futures

191,025

2006/09/26

190,316

2006/11/28

Stock Options

414,243

2007/03/29

4,089,426

2007/03/28

H-shares Index Futures

91,499

2007/03/28

112,026

2007/03/28

Hang Seng Index Options

62,909

2007/03/05

424,874

2007/03/28

Mini-Hang Seng Index Futures

33,126

2007/03/06

166,238

2007/03/28