Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - February 2007

Date 06/03/2007

Highlights

  • On 22 February 2007 , the securities market capitalisation hit an all-time high of $13,979 billion.
  • On 28 February 2007, the securities market turnover reached a record high of $80,859 million and a total of 639,520 trades was concluded, the highest ever.
  • On 28 February 2007 , the turnover of Hang Seng Index Options reached an all-time high of 54,579 contracts.
  • On 28 February 2007 , the turnover of stock futures reached an all-time high of 7,954 contracts.

Listed Securities (Main Board and GEM)

Month-end figures

Feb 2007

Feb 2006

End 2006

No. of listed companies

 1,176

 1,139

 1,173

Total market capitalisation ($Bil.)

 13,224

 9,192

 13,338

No. of newly listed companies

 7

 5

 62

No. of listed securities

 3,752

 2,739

 3,383

No. of equity warrants

 27

 27

 28

No. of derivatives warrants

 2,307

 1,391

 1,959

No. of CBBC*

 44

 -  

 24

No. of unit trusts

 15

 13

 15

No. of debt securities

 179

 165

 180

* The first CBBC were listed on 12 June 2006

 

Securities Market Turnover (Main Board and GEM)

 

 

Feb 2007

Jan 2007

% Chan ge

Monthly turnover ($Mil.)

           913,871

       1,266,635

-28%

Average daily turnover by value ($Mil.)

             50,771

             57,574

-12%

No. of trading days

                   18

                    22

-

 

Turnover by Type of Securities (Main Board and GEM)

 

 

Feb 2007($Mil)

Jan 2007($Mil)

% Chan ge

Equities

715,979.98
(78.3%)

978,083.37
(77.2%)

-26.8%

Derivative warrants

183,243.68
(20.1%)

267,325.08
(21.1%)

-31.5%

CBBC

1,728.63
(0.2%)

1,704.82
(0.1%)

1.4%

Debt securities

0.88
(0.0%)
(less than 0.1%)

1.13
(0.0%)
(less than 0.1%)

-22.1%

( ) % of market total

 

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

 

 

Feb 2007

Feb 2006

End 2006

No. of H shares

141

123

141

No. of Red chips Stocks

89

91

90

No. of NHMPE

138

126

136

Market capitalisation (% of market total)

49.2%

41.3%

50.3%

Turnover value (% of equity turnover)

63.1%

57.2%

60.0%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

 

Feb 2007

% Chan ge over 1 Month

% Chan ge YTD

S&P/HKEx LargeCap Index

23061.18

-3.2%

24.4%

S&P/HKEx GEM Index

1327.43

5.8%

11.4%

Hang Seng Index

19651.51

-2.3%

23.5%

Hang Seng China Enterprises Index#

9283.67

-3.3%

42.7%

Hang Seng China-Affiliated Corporations Index*

3356.49

-0.4%

57.8%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

 

Average Daily Volume (Contracts) #

Feb 2007

Jan 2007

% Change

Total Futures

105,7 3 6

109,5 3 9

- 3 .5%

Hang Seng Index Futures

62,979

61,284

2.8%

Mini Hang Seng Index Futures

12, 3 49

12,998

-5.0%

H-shares Index Futures

28,085

3 3 ,819

-17.0%

FTSE/Xinhua China 25 Index Future

24

3 6

- 3 3 . 3 %

Stock Futures

2,127

1,247

70.6%

3-Month HIBOR Futures

172

155

11.0%

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Total Options

1 3 1,5 3 2

164, 3 88

-20.0%

Hang Seng Index Options

3 3 ,075

25,65 3

28.9%

Mini Hang Seng Index Options

641

3 62

77.1%

H-shares Index Options

4,097

6,102

- 3 2.9%

FTSE/Xinhua China 25 Index Option

17

1 3

3 0.8%

Stock Options

9 3 ,70 3

1 3 2,258

-29.2%

Total Futures and Options

2 3 7,269

27 3 ,927

-1 3 .4%

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

 

Clearing and Settlement

 

CCASS Statistics (securities market)

Feb 2007

Jan 2007

% Change

Average daily number of exchange trades handled by CCASS

424,998

450,028

-5.56%

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

49,082

49,823

-1.49%

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

727  

854

-14.87%

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

99.75

99.76

N/A

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


59.94%
40.02%


60.10%
40.16%


N/A
N/A

DCASS Statistics (derivatives market)

Feb 2007

Jan 2007

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

192,847

191,9 3 8

0.5%

  -   Stock Futures

1 3 ,657

6,476

110.9%

  -   Interest Rates Futures

6,500

3 ,754

7 3 .1%

  -   Equity Index Options

4 3 0,677

419,265

2.7%

  -   Stock Options

3 ,000,755

2,984,190

0.6%

 

Year-to-date Statistics

 

Securities Market

Feb 2007
YTD

Feb 2006
YTD

% Change

No. of newly listed companies

8

7

14%

Average daily turnover by value ($Mil.)

     54,513

31,693

72%

Average share traded per trading day (Mil. Shares)

     59,612

33,990

75%

Average no. of trades per trading day

 438,770

 245,219

79%

Fund raised by IPOs ($Mil.)

      7,851

2,208

256%

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

     19,347

15,727

23%

Derivatives Market

Feb 2007
YTD

Feb 2006
YTD

% Chan ge

Average daily volume (contracts)

 

 

 

- Equity Index Futures

106,02 3

71,0 3 6

49. 3 %

- Stock Futures

1,64 3

177

828.2%

- Interest Rates Futures

16 3

111

46.8%

- Equity Index Options

3 4,695

17,006

104.0%

- Stock Options

114,909

60,985

88.4%

Clearing & Settlement

Feb 2007
YTD

Feb 2006
YTD

% Chan ge

Average daily number of exchange trades handled by CCASS

438,764

245,216

78.93

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

49,490

34,152

44.91

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

797

481

65.70

* Provisional figures only

 

Historical Records
up to 28  February 2007

Top 10 Hang Seng Index Closes

 

Rank

Date

Close

1

2007/01/24

20821.05

2

2007/02/22

20809.23

3

2007/01/22

20772.22

4

2007/01/23

20769.70

5

2007/02/08

20735.05

6

2007/02/23

20711.65

7

2007/02/07

20679.69

8

2007/02/09

20677.66

9

2007/01/25

20669.83

10

2007/02/06

20655.20

 

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

2007/01/05

70,824,656,602

6

2007/02/27

65,122,555,681

7

2007/02/08

65,113,213,988

8

2007/01/18

64,530,674,884

9

2007/01/10

64,236,229,726

10

2007/01/03

64,144,893,663

 

Top 10 Market Capitalisation
(Main Board and GEM)

 

Rank

Date

Market Capitalisation
($)

1

2007/02/22

  13,978,987,992,571

2

2007/02/23

  13,925,201,084,030

3

2007/02/21

  13,912,340,405,716

4

2007/02/16

  13,871,276,570,348

5

2007/02/08

  13,852,687,116,706

6

2007/02/26

  13,849,448,219,168

7

2007/02/12

  13,846,415,557,580

8

2007/02/09

  13,836,094,379,598

9

2007/02/15

  13,813,794,403,721

10

2007/01/22

  13,784,134,171,944

 

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

348,390

2006/12/28

3,614,392

2007/01/29

H-shares Index Futures

77,773

2006/11/28

90,823

2006/12/22

Hang Seng Index Options

54,579

2007/02/28

402,985

2007/01/29

Mini-Hang Seng Index Futures

20,425

2007/01/26

10,238

2006/11/06