Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - December 2013

Date 07/01/2014

Highlights


Securities Market

  • Market capitalisation reached $24,042.8 billion at the end of 2013, representing a year-on-year increase of 10 per cent.
  • The Hang Seng Index ended 2013 at 23306.39, representing a year-on-year increase of 3 per cent.
  • The average daily turnover in 2013 was $62,560 million, an increase of 16 per cent when compared with $53,850 million in 2012.
  • The average daily turnover of ETFs in 2013 was $3,701 million, an increase of 75 per cent when compared with $2,114 million in 2012.
  • Funds raised through IPOs in 2013 was $166,500 million, an increase of 85 per cent when compared with $90,043 million in 2012.

 

- Derivatives Market

  • The average daily turnover of futures and options in 2013 was 532,905 contracts, an increase of 9 per cent when compared with 487,994 contracts in 2012.
  • On 19 December 2013, the open interest of H-shares Index Options reached a record high of 1,437,711 contracts.
  • On 24 December 2013, the open interest of H-shares Index Futures reached a record high of 334,575 contracts.

 

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

 

Dec 2013

Dec 2012

End 2012

No. of listed companies

 1,643

 1,547

 1,547

Total market capitalisation ($Bil.)

24,042.8

21,950.1

21,950.1

No. of newly listed companies *

32

7

64

No. of listed securities

8,522

6,903

6,903

No. of equity warrants

8

11

11

No. of derivatives warrants

4,715

3,747

3,747

No. of CBBCs

1,620

1,214

1,214

No. of unit trusts

129

111

111

No. of debt securities

403

269

269

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

  

Securities Market Turnover (Main Board and GEM)

 

Dec 2013

Nov 2013

% Change

Monthly turnover ($Mil.) *

1,130,842

1,302,854

-13%

Average daily turnover by value ($Mil.) *

56,542

62,041

-9%

No. of trading days

20

21

-

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

 

Turnover by Type of Securities (Main Board and GEM) 

 

Dec 2013
($Mil)

Nov 2013
($Mil)

% Change

Equities

900,291.96
(79.6%)

1,009,586.72
(77.5%)

-10.8%

Derivative warrants

93,412.02
(8.3%)

122,117.57
(9.4%)

-23.5%

CBBCs

74,376.88
(6.6%)

96,146.55
(7.4%)

-22.6%

Unit Trusts
(include ETFs)

62,404.33
(5.5%)

74,698.82
(5.7%)

-16.5%

( ) % 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 December 2013 was $17,736 million (1.6 % of the securities market total turnover).

 

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

 

Dec 2013

Dec 2012

End 2012

No. of H shares

 182

176

176

No. of Red chips Stocks

122

 108

108

No. of Mainland private enterprises

 493

437

437

Market capitalisation (% of market total)

56.9%

57.4%

57.4%

Turnover value (% of equity turnover)

70.3%

67.8%

69.6%

 

Index Performance
Month-end figures

 

Dec 2013

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

28109.10

-2.1%

3.8%

S&P/HKEx GEM Index

461.58

-1.5%

21.0%

Hang Seng Index

23306.39

-2.4%

2.9%

Hang Seng China Enterprises Index#

10816.14

-5.5%

-5.4%

Hang Seng China-Affiliated Corporations Index*

4553.64

-2.8%

0.5%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Dec 2013

Nov 2013

% Change

Total Futures

185,967

207,754

-10.5%

Hang Seng Index Futures

63,786

71,382

-10.6%

Mini Hang Seng Index Futures

22,274

25,158

-11.5%

H-shares Index Futures

87,481

98,087

-10.8%

Mini H-shares Index Futures

9,612

9,903

-2.9%

HSI Dividend Point Index Futures

0

14

-100.0%

HSCEI Dividend Point Index Futures

291

707

-58.8%

HSI Volatility Index Futures

3

3

0.0%

CES China 120 Index Futures

268

365

-26.6%

IBOVESPA Futures

0

0

-

MICEX Index Futures

0

0

-

S&P BSE Sensex Index Futures

0

0

-

FTSE/JSE Top40 Futures

0

0

-

Stock Futures

1,663

1,534

8.4%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

RMB Currency Futures - USD/CNH Futures 

589

601

-2.0%

Gold Futures

0

0

-

Total Options

324,105

343,224

-5.6%

Hang Seng Index Options

29,343

29,100

0.8%

Mini Hang Seng Index Options

3,769

3,834

-1.7%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

35,764

46,205

-22.6%

Flexible H-shares Index Options

95

96

-1.0%

Stock Options

255,135

263,989

-3.4%

Total Futures and Options

510,072

550,978

-7.4%

 

Clearing and Settlement

CCASS Statistics (securities market)

Dec 2013

Nov 2013

% Change

Average daily number of exchange trades handled by CCASS

927,396

944,160

-1.78%

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

88,612

83,945

5.56%

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

463

417

11.03%

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

99.92%

99.88%

N/A

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


70.87%
52.68%


70.16%
52.51%


N/A
N/A

DCASS Statistics (derivatives market)

Dec 2013

Nov 2013

% Change

Month-end Open Interest (contracts)

 

 

 

–  Equity Index Futures

390,291

470,236

-17.0%

–  Stock Futures

18,409

18,845

-2.3%

–  Interest Rates Futures

1

1

0.0%

–  RMB Currency Futures

18,701

16,863

10.9%

–  Gold Futures

0

0

-

–  Equity Index Options

1,061,862

1,674,423

-36.6%

–  Stock Options

4,740,818

6,202,785

-23.6%

 

 Year-to-date Statistics

Securities Market

Dec 2013
YTD

Dec2012
YTD

% Change

No. of newly listed companies # 

110

64

71.9%

Average daily turnover by value ($Mil.) ^

62,560

53,850

16.2%

Average share traded per trading day (Mil. Shares)

141,146

137,520

2.6%

Average no. of trades per trading day

940,454

775,743

21.2%

Fund raised by IPOs ($Mil.)

166,500

90,043

84.9%

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

374,345

305,361ust

22.6%

Derivatives Market

Dec 2013
YTD

Dec 2012
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

208,102

189,778

9.7%

– Stock Futures

1,882

1,315

43.1%

– Interest Rates Futures

0

1

-100.0%

– RMB Currency Futures

568

290

95.9%

– Gold Futures

0

0

-

– Equity Index Options

73,058

68,380

6.8%

– Stock Options

249,295

228,438

9.1%

Clearing & Settlement

Dec 2013
YTD

Dec 2012
YTD

% Change

Average daily number of exchange trades handled by CCASS

939,557

775,182

21.20%

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

82,849

73,156

13.25%

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

401

342

17.25%

# Includes the number of transfer of listings from GEM to Main Board
^  Turnover value for traded in non-HKD currency securities have been included
* Provisional figures only

 

Historical Records
up to 31 December 2013 

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

2013/12/02

 24,271,527,521,289

2

2013/12/03

24,193,519,377,510

3

2013/11/29

24,134,626,917,520

4

2013/12/09

24,116,587,381,535

5

2013/12/04

24,110,964,447,941

6

2013/12/05

24,093,010,330,620

7

2013/12/06

24,053,539,516,728

8

2013/12/10

24,053,384,524,875

9

2013/12/31

24,042,805,866,135

10

2013/11/28

24,007,455,940,904

 

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

805,947

2008/03/27

9,218,955

2011/11/28

H-shares Index Futures

389,031

2013/06/25

334,575

2013/12/24

Hang Seng Index Futures

271,426

2013/06/25

198,789

2007/06/27

Hang Seng Index Options

116,835

2011/08/05

560,087

2012/06/27

H-shares Index Options

113,156

2013/11/19

1,437,711

2013/12/19

Mini Hang Seng Index Futures

86,812

2011/08/09

21,682

2011/06/17

Stock Futures

27,966

2007/03/28

47,050

2013/03/27

HSCEI Dividend Point Index Futures

20,802

2012/05/24

95,673

2013/11/19

Mini H-shares Index Futures

19,556

2011/08/09

6,951

2013/09/23

Mini Hang Seng Index Options

13,917

2012/05/18

32,651

2012/05/29