Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - April 2009

Date 07/05/2009

Highlights

- Securities Market

  • The average daily turnover for the first four months of 2009 was $49,018 million, a decrease of 49 per cent when compared with $95,592 million for the same period last year.
  • The average daily turnover for April 2009 was $61,911 million, an increase of 33 per cent when compared with $46,590 million for March 2009, and an increase of 38 per cent compared with $44,721 million for the first three months of 2009.
  • The average daily turnover of CBBCs for the first four months of 2009 was $6,394 million, an increase of 324 per cent when compared with $1,508 million for the same period last year.
  • The Hang Seng Index had its largest point and per cent gains in the first four months of 2009 on 2 April, when it rose 1002.43 points and 7.4 per cent.

- Derivatives Market

  • The average daily turnover of futures and options for the first four months of 2009 was 407,464 contracts, a decrease of 9 per cent when compared with 449,394 contracts for the same period last year.
  • The average daily turnover of equity index options for the first four months of 2009 was 26,093 contracts, an increase of 33 per cent when compared with 19,671 contracts for the same period last year.
  • On 28 April 2009 , the turnover and open interest of Mini Hang Seng Index Options reached a record high of 4,584 contracts and 9,714 contracts respectively.

 

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

 

 

Apr 2009

Apr 2008

End 2008

No. of listed companies

 1,267

 1,244

 1,261

Total market capitalisation ($Bil.)

11,458

18,860

10,299

No. of newly listed companies *

1

1

49

No. of listed securities

5,494

6,553

5,831

No. of equity warrants

 32

 39

 37

No. of derivatives warrants

2,476

4,808

3,011

No. of CBBC

1,510

260

1,314

No. of unit trusts

38

26

33

No. of debt securities

168

173

172

* Includes the number of companies for transfer of listing from GEM to Main Board

 

Securities Market Turnover (Main Board and GEM)

 

 

Apr 2009

Mar 2009

% Chan ge

Monthly turnover ($Mil.)

1,238,219

1,024,976

21%

Average daily turnover by value ($Mil.)

61,911

46,590

33%

No. of trading days

20

22

-

 

Turnover by Type of Securities (Main Board and GEM)

 

 

Apr 2009
($Mil)

Mar 2009
($Mil)

% Chan ge

Equities

920,093.88
(74.3%)

759,094.65
(74.1%)

21.2%

Derivative warrants

117,812.44
(9.5%)

103,160.10
(10.1%)

14.2%

CBBC

160,128.58
(12.9%)

122,340.60
(11.9%)

30.9%

Debt securities

0.20
(0.0%)
(less than 0.1%)

1.32
(0.0%)
(less than 0.1%)

-84.8%

( ) % of market total

 

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

 

 

Apr 2009

Apr 2008

End 2008

No. of H shares

 150

148

150

No. of Red chips Stocks

96

93

 93

No. of NHMPE

 224

202

 222

Market capitalisation (% of market total)

58.8%

58.6%

59.8%

Turnover value (% of equity turnover)

71.9%

74.2%

70.8%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

 

Apr 2009

% Chan ge
over 1 Month

% Chan ge
over 12 Months

S&P/HKEx LargeCap Index

18849.23

12.6%

-39.6%

S&P/HKEx GEM Index

421.97

9.3%

-52.3%

Hang Seng Index

15520.99

14.3%

-39.7%

Hang Seng China Enterprises Index#

9084.91

12.6%

-36.2%

Hang Seng China-Affiliated Corporations Index*

3263.55

5.4%

-43.7%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

 

Average Daily Volume (Contracts)

Apr 2009

Mar 2009

% Change

Total Futures

200,501

175,130

14.5%

Hang Seng Index Futures

94,023

79,034

19.0%

Mini Hang Seng Index Futures

42,200

34,918

20.9%

H-shares Index Futures

59,709

56,997

4.8%

Mini H-shares Index Futures

3,420

2,702

26.6%

Stock Futures

1,111

1,417

-21.6%

3-Month HIBOR Futures

7

19

-63.2%

1-Month HIBOR Futures

1

4

-75.0%

3 -Year Exchange Fund Note Futures

0

0

-

Gold Futures

30

39

-23.1%

Total Options

260,021

280,820

-7.4%

Hang Seng Index Options

19,864

18,935

4.9%

Mini Hang Seng Index Options

1,266

1,070

18.3%

H-shares Index Options

8,838

8,039

9.9%

Stock Options

230,053

252,776

-9.0%

Total Futures and Options

460,522

455,950

1.0%

 

Clearing and Settlement

 

CCASS Statistics (securities market)

Apr 2009

Mar 2009

% Change

Average daily number of exchange trades handled by CCASS

729,874

569,292

28.21%

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

69,094

59,741

15.66%

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

545

525

3.81%

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

99.87

99.85

N/A

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


70.97%
47.52%


70.99%
46.29%


N/A
N/A

DCASS Statistics (derivatives market)

Apr 2009

Mar 2009

% Chan ge

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

182,599

171,202

6.7%

  -   Stock Futures

12,136

9,208

31.8%

  -   Interest Rates Futures

1,276

1,377

-7.3%

  -   Gold Futures

112

20

460.0%

  -   Equity Index Options

264,112

217,088

21.7%

  -   Stock Options

4,765,827

4,400,699

8.3%

 

Year-to-date Statistics

 

Securities Market

Apr 2009
YTD

Apr 2008
YTD

% Change

No. of newly listed companies #

8

11

-27%

Average daily turnover by value ($Mil.)

49,018

95,592

-49%

Average share traded per trading day (Mil. Shares)

80,986

148,343

-45%

Average no. of trades per trading day

582,945

629,581

-7%

Fund raised by IPOs ($Mil.)

2,597

33,167

-92%

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

164,621

88,495

86%

Derivatives Market

Apr 2009
YTD

Apr 2008
YTD

% Chan ge

Average daily volume (contracts)

 

 

 

- Equity Index Futures

176,927

176,691

0.1%

- Stock Futures

1,172

694

68.9%

- Interest Rates Futures

17

131

-87.0%

- Gold Futures **

33

0

-

- Equity Index Options

26,093

19,671

32.6%

- Stock Options

203,223

252,206

-19.4%

Clearing & Settlement

Apr 2009
YTD

Apr 2008
YTD

% Chan ge

Average daily number of exchange trades handled by CCASS

582,937

629,566

-7.41%

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

59,030

68,601

-13.95%

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

460

601

-23.46%

# Includes the number of companies for transfer of listing from GEM to Main Board
* Provisional figures only
** Trading in Gold Futures commenced on 20 Oct 2008

 

Historical Records
up to 30 April  2009

Top 10 Hang Seng Index Closes

 

Rank

Date

Close

1

2007/10/30

31638.22

2

2007/10/29

31586.90

3

2007/11/01

31492.88

4

2007/10/31

31352.58

5

2007/11/02

30468.34

6

2007/10/26

30405.22

7

2007/10/25

29854.49

8

2007/11/07

29708.93

9

2007/12/06

29558.92

10

2007/10/15

29540.78

 

Top 10 Daily Market Turnover
(Main Board and GEM)

 

Rank

Date

Turnover ($)

1

2007/10/03

210,505,533,155

2

2007/10/16

201,413,369,933

3

2007/10/12

195,962,197,177

4

2007/10/30

185,681,499,300

5

2007/10/11

179,409,273,541

6

2007/10/29

178,382,190,802

7

2007/10/15

174,984,449,067

8

2007/11/06

170,352,755,573

9

2007/10/18

169,121,203,305

10

2007/10/25

165,926,117,174

 

Top 10 Market Capitalisation
(Main Board and GEM)

 

Rank

Date

Market Capitalisation
($)

1

2007/10/30

23,196,977,098,941

2

2007/11/01

23,176,749,100,222

3

2007/10/29

23,070,544,404,276

4

2007/10/31

23,069,877,573,111

5

2007/11/02

22,518,847,046,433

6

2007/10/26

22,285,176,719,928

7

2007/11/07

22,202,420,942,652

8

2007/11/06

21,960,903,395,247

9

2007/10/25

21,942,008,331,692

10

2007/12/06

21,764,884,238,904

 

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

Stock Options

805,947

2008/03/27

8, 3 02,290

2007/11/28

Hang Seng Index Futures

224,461

2008/10/28

198,789

2007/06/27

H-shares Index Futures

219,689

2008/10/28

156,841

2008/03/26

Hang Seng Index Options

85,981

2007/11/28

476,682

2007/08/29

Mini Hang Seng Index Futures

6 3 ,991

2008/01/24

10,673

2008/10/29