Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - December 2006

Date 05/01/2007

  1. On 28 December 2006 , the Hang Seng Index reached a record closing high of 20001.91, ending trading above 20000 for the first time.  
  2. The Hong Kong securities market's total market capitalisation reached the all time high of $13,339,924 million on 28 December 2006 .  
  3. On 28 December 2006 , total daily turnover for all derivatives market products reached the all time high of 497,625 contracts.  
  4. On 22 December 2006 , total open interest for all derivatives market products was 4,009,731 contracts, exceeding 4 millions contracts for the first time.  The all time high of 4,060,779 contracts was reached on 27 December 2006

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

 

Dec 2006

Dec 2005

End 2005

No. of listed companies

1,173

1,135

1,135

Total market capitalisation ($Mil.)

13,337,706

8,179,937

8,179,937

No. of newly listed companies

16

13

67

No. of listed securities

3,383

2,649

2,649

No. of equity warrants

28

27

27

No. of derivatives warrants

1,959

1,304

1,304

No. of CBBC*

24

-

-

No. of unit trusts

15

13

13

No. of debt securities

180

166

166

* The first CBBC were listed on 12 June 2006

 

Securities Market Turnover (Main Board and GEM)

 

Dec 2006

Nov 2006

% Change

Monthly turnover ($Mil.)

           896,630

        1,082,095

-17%

Average daily turnover by value ($Mil.)

47,191

            49,186

-4%

No. of trading days

          19

                  22

-

 

Turnover by Type of Securities (Main Board and GEM)

 

Dec 2006($Mil)

Nov 2006($Mil)

% Change

Equities

702,942.25
(78.4%)

831,640.16
(76.9%)

-15.5%

Derivative warrants

180,822.86
(20.2%)

238,604.13
(22.1%)

-24.2%

CBBC

1,478.28
(0.2%)

2,288.85
(0.2%)

-35.4%

Debt securities

0.77
(0.0%)
(less than 0.1%)

0.43
(0.0%)
(less than 0.1%)

77.7%

( ) % of market total

 

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

 

Dec 2006

Dec 2005

End 2005

No. of H shares

141

120

120

No. of Red chips

90

89

89

No. of NHMPE

136

126

126

Market capitalisation (% of market total)

50.3%

39.0%

39.0%

Turnover value (% of equity turnover)

67.1%

51.3%

45.9%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

Dec 2006

% Change over 1 Month

% Change YTD

S&P/HKEx LargeCap Index

24378.76

8.1%

43.2%

S&P/HKEx GEM Index

1224.67

2.8%

21.6%

Hang Seng Index

19964.72

5.3%

34.2%

Hang Seng China Enterprises Index#

10340.36

21.0%

94.0%

Hang Seng China-Affiliated Corporations Index*

3330.06

8.0%

72.1%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts) #

Dec 2006

Nov 2006

% Change

Total Futures

93,482

92,317

1.3%

Hang Seng Index Futures

54,993

57,438

-4.3%

Mini Hang Seng Index Futures

9,812

11,038

-11.1%

H-shares Index Futures

27,993

22,961

21.9%

FTSE/XinhuaChina 25 Index Future

48

26

84.6%

Stock Futures

597

821

-27.3%

3-Month HIBOR Futures

39

33

18.2%

1-Month HIBOR Futures

0

0

0.0%

3-Year Exchange Fund Note Futures

0

0

0.0%

Total Options

146,736

129,751

13.1%

Hang Seng Index Options

19,096

18,018

6.0%

Mini Hang Seng Index Options

206

330

-37.6%

H-shares Index Options

4,877

4,662

4.6%

FTSE/Xinhua China 25 Index Option

20

13

53.8%

Stock Options

122,537

106,728

14.8%

Total Futures and Options

240,218

222,068

8.2%

# Total average daily volume is the sum of the respective average daily volume of the individual products.

 

Clearing and Settlement

CCASS Statistics (securities market)

Dec 2006

Nov 2006

% Change

Average daily number of exchange trades handled by CCASS

393,736

361,531

8.91%

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

45,758

44,244

3.42%

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

878

752

16.76%

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

99.61

99.62

N/A

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


58.79%
40.23%


58.51%
38.59%


N/A
N/A

DCASS Statistics (derivatives market)

Dec 2006

Nov 2006

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

185,262

198,268

-6.6%

  -   Stock Futures

4,260

5,203

-18.1%

  -   Interest Rates Futures

1,532

1,766

-13.3%

  -   Equity Index Options

303,988

358,383

-15.2%

  -   Stock Options

2,533,807

2,491,718

1.7%

 

Year-to-date Statistics

Securities Market

Dec 2006
YTD

Dec 2005
YTD

% Change

No. of newly listed companies

62

67

-7%

Average daily turnover by value ($Mil.)

33,912

18,301

85%

Average share traded per trading day (Mil. Shares)

38,386

23,400

64%

Average no. of trades per trading day

259,421

149,620

73%

Fund raised by IPOs ($Mil.)

333,191

165,651

101%

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

505,935

301,701

68%

Derivatives Market

Dec 2006
YTD

Dec 2005
YTD

% Change

Average daily volume (contracts)

 

 

 

- Equity Index Futures

79,948

54,350

47.1%

- Stock Futures

413

53

679.2%

- Interest Rates Futures

57

107

-46.7%

- Equity Index Options

19,900

13,678

45.5%

- Stock Options

73,390

35,385

107.4%

Clearing & Settlement

Dec 2006
YTD

Dec 2005
YTD

% Change

Average daily number of exchange trades handled by CCASS

259,417

149,617

73.39%

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

36,259

25,353

43.02%

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

586

349

67.91%

* Provisional figures only

 

Historical Records
up to 31 December 2006

Top 10 Hang Seng Index Closes

Rank

Date

Close

1

28/12/2006

20001.91

2

29/12/2006

19964.72

3

27/12/2006

19725.73

4

22/12/2006

19320.52

5

23/11/2006

19265.32

6

24/11/2006

19260.30

7

22/11/2006

19250.79

8

20/12/2006

19240.12

9

21/12/2006

19222.84

10

27/11/2006

19204.01

 

Top 10 Daily Market Turnover
(Main Board and GEM)

Rank

Date

Turnover ($)

1

28/08/1998

          79,002,608,619

2

27/10/2006

          76,163,013,434

3

15/12/2006

          63,415,277,559

4

28/11/2006

          59,060,967,162

5

06/12/2006

          58,478,528,687

6

14/11/2006

          58,256,302,941

7

13/11/2006

          57,858,926,280

8

16/11/2006

          57,721,668,857

9

28/04/2006

          57,212,882,306

10

15/11/2006

          55,184,580,848

 

Top 10 Market Capitalisation
(Main Board and GEM)

Rank

Date

Market Capitalisation
($)

1

28/12/2006

  13,339,923,572,049

2

29/12/2006

  13,337,705,932,857

3

27/12/2006

  13,234,191,389,549

4

22/12/2006

  12,843,688,389,765

5

21/12/2006

  12,755,137,815,583

6

20/12/2006

  12,729,681,082,020

7

18/12/2006

  12,625,742,064,756

8

19/12/2006

  12,531,112,043,103

9

15/12/2006

  12,513,590,009,016

10

14/12/2006

  12,374,899,793,393

 

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

26/09/2006

190,316

28/11/2006

Stock Options

348,390

28/12/2006

3,284,461

27/12/2006

H-shares Index Futures

77,773

28/11/2006

90,823

22/12/2006

Hang Seng Index Options

38,856

28/12/2006

368,175

27/12/2006

Mini-Hang Seng Index Futures

19,531

28/11/2006

10,238

06/11/2006