Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - December 2009

Date 04/02/2010


Updated: 31 January 2010

Highlights

- Securities Market

  1. The average daily turnover in January 2010 was $77,966 million, an increase of 63 per cent when compared with $47,737 million for the same period last year.
  2. The average daily turnover of ETFs in January 2010 was $2,446 million, an increase of 78 per cent when compared with $1,377 million for the same period last year.
  3. The average daily turnover of CBBCs in January 2010 was $6,052 million, an increase of 3 per cent when compared with $5,851 million for the same period last year.

- Derivatives Market

  1. The average daily turnover of futures and options in January 2010 was 479,427 contracts, an increase of 32 per cent when compared with 363,213 contracts for the same period last year.
  2. The average daily turnover of equity index options in January 2010 was 47,145 contracts, an increase of 111 per cent when compared with 22,350 contracts for the same period last year.
  3. On 27 January 2010 , the turnover of Mini H-shares Index Futures reached a record high of 5,495 contracts.    

 

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

 

Jan 2010

Jan 2009

End 2009

No. of listed companies

 1,321

 1,262

 1,319

Total market capitalisation ($Bil.)

16,682

9,600

17,874

No. of newly listed companies *

2

2

73

No. of listed securities

6,627

5,795

6,616

No. of equity warrants

23

35

 26

No. of derivatives warrants

3,710

2,926

3,367

No. of CBBC

1,359

1,365

1,692

No. of unit trusts

53

33

52

No. of debt securities

158

171

157

* Includes the number of transfers of listing from GEM to Main Board

 

Securities Market Turnover (Main Board and GEM)

 

Jan 2010

Dec 2009

% Change

Monthly turnover ($Mil.)

1,559,327

1,315,533

19%

Average daily turnover by value ($Mil.)

77,966

59,797

30%

No. of trading days

20

22

-

 

Turnover by Type of Securities (Main Board and GEM)

 

Jan 2010
($Mil)

Dec 2009
($Mil)

% Change

Equities

1,193,601.47
(76.5%)

998,065.84
(75.9%)

19.6%

Derivative warrants

192,559.05
(12.3%)

134,900.06
(10.3%)

42.7%

CBBC

121,041.77
(7.8%)

139,321.32
(10.6%)

-13.1%

Debt securities

0.15
(0.0%)
(less than 0.1%)

0.05
(0.0%)
(less than 0.1%)

200.0%

( ) % of market total

 

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

 

Jan 2010

Jan 2009

End 2009

No. of H shares

 156

150

156

No. of Red chips Stocks

97

93

 96

No. of NHMPE

 271

222

 271

Market capitalisation (% of market total)

58.0%

58.7%

58.4%

Turnover value (% of equity turnover)

72.2%

74.5%

71.6%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

Jan 2010

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

23764.50

-7.0%

44.9%

S&P/HKEx GEM Index

704.67

4.1%

94.4%

Hang Seng Index

20121.99

-8.0%

51.5%

Hang Seng China Enterprises Index#

11498.20

-10.1%

61.2%

Hang Seng China-Affiliated Corporations Index*

3875.55

-4.5%

29.3%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Jan 2010

Dec 2009

% Change

Total Futures

189,307

157,324

20.3%

Hang Seng Index Futures

92,565

75,991

21.8%

Mini Hang Seng Index Futures

38,523

36,673

5.0%

H-shares Index Futures

53,905

40,548

32.9%

Mini H-shares Index Futures

3,405

3,352

1.6%

Stock Futures

864

708

22.0%

3-Month HIBOR Futures

15

4

275.0%

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Gold Futures

31

49

-36.7%

Total Options

290,120

244,393

18.7%

Hang Seng Index Options

34,114

26,622

28.1%

Mini Hang Seng Index Options

1,631

1,539

6.0%

H-shares Index Options

11,401

11,919

-4.3%

Stock Options

242,975

204,314

18.9%

Total Futures and Options

479,427

401,718

19.3%

 

Clearing and Settlement

CCASS Statistics (securities market)

Jan 2010

Dec 2009

% Change

Average daily number of exchange trades handled by CCASS

890,948

708,825

25.69%

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

83,443

80,197

4.05%

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

670

675

-0.74%

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

99.84

99.88

N/A

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


69.84%
48.34%


70.93%
49.19%


N/A
N/A

DCASS Statistics (derivatives market)

Jan 2010

Dec 2009

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

181,483

147,968

22.7%

  -   Stock Futures

5,113

4,407

16.0%

  -   Interest Rates Futures

257

103

149.5%

  -   Gold Futures

139

119

16.8%

  -   Equity Index Options

411,715

303,301

35.7%

  -   Stock Options

4,718,717

3,848,117

22.6%

 

Year-to-date Statistics

Securities Market

Jan 2010
YTD

Jan 2009
YTD

% Change

No. of newly listed companies #

2

2

0%

Average daily turnover by value ($Mil.)

77,966

47,737

63%

Average share traded per trading day (Mil. Shares)

130,275

78,693

66%

Average no. of trades per trading day

890,954

549,921

62%

Fund raised by IPOs ($Mil.)

20,454

313

6,435%

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

44,721

6,546

583%

Derivatives Market

Jan 2010
YTD

Jan 2009
YTD

% Change

Average daily volume (contracts)

 

 

 

- Equity Index Futures

188,397

164,889

14.3%

- Stock Futures

864

1,319

-34.5%

- Interest Rates Futures

15

36

-58.3%

- Gold Futures **

31

33

-6.1%

- Equity Index Options

47,145

22,350

110.9%

- Stock Options

242,975

174,585

39.2%

Clearing & Settlement

Jan 2010
YTD

Jan 2009
YTD

% Change

Average daily number of exchange trades handled by CCASS

890,948

549,914

62.02%

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

83,443

54,327

53.59%

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

670

436

53.67%

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

 

Historical Records
up to 31 January 2010

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

8,302,290

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

63,991

2008/01/24

11,148

2009/07/29