Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - February 2010

Date 04/03/2010

- Securities Market

 

  1. The average daily turnover for the first two months of 2010 was $67,702 million, an increase of 55 per cent when compared with $43,639 million for the same period last year.
  2. The average daily turnover of ETFs for the first two months of 2010 was $2,018 million, an increase of 17 per cent when compared with $1,720 million for the same period last year.
  3. Initial public offerings, or IPOs, raised $27,213 million in the first two months of this year, an increase of 1,813 per cent when compared with $1,423 million for the same period last year; and $61,636 million was raised through IPOs and other share sales in the first two months of the year, an increase of 421 per cent when compared with $11,834 million for the same period last year the same period last year.

 

 

- Derivatives Market

 

  1. The average daily turnover of futures and options for the first two months of 2010 was 444,351 contracts, an increase of 26 per cent when compared with 351,468 contracts for the same period last year.
  2. The average daily turnover of equity index options for the first two months of 2010 was 44,299 contracts, an increase of 93 per cent when compared with 22,924 contracts for the same period last year.
  3. The average daily turnover of stock options for the first two months of 2010 was 214,587 contracts, an increase of 34 per cent when compared with 160,412 contracts for the same period last year.

 

 

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

 

 

Feb 2010

Feb 2009

End 2009

No. of listed companies

 1,326

 1,265

 1,319

Total market capitalisation ($Bil.)

17,204

9,284

17,874

No. of newly listed companies *

5

3

73

No. of listed securities

6,930

5,803

6,616

No. of equity warrants

21

33

 26

No. of derivatives warrants

3,996

2,794

3,367

No. of CBBC

1,367

1,504

1,692

No. of unit trusts

59

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)

 

 

Feb 2010

Jan 2010

% Chan ge

Monthly turnover ($Mil.)

1,013,334

1,559,327

-35%

Average daily turnover by value ($Mil.)

56,296

77,966

-28%

No. of trading days

18

20

-

 

Turnover by Type of Securities (Main Board and GEM)

 

 

Feb 2010
($Mil)

Jan 2010
 ($Mil)

% Chan ge

Equities

703,902.33
(69.5%)

1,193,601.47
(76.5%)

-41.0%

Derivative warrants

188,697.88
(18.6%)

192,559.05
(12.3%)

-2.0%

CBBC

90,333.85
(8.9%)

121,041.77
(7.8%)

-25.4%

Debt securities

0

 

0.15
(0.0%)
(less than 0.1%)

-

( ) % of market total

 

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

 

 

Feb 2010

Feb 2009

End 2009

No. of H shares

 156

150

156

No. of Red chips Stocks

97

96

 96

No. of NHMPE

 274

222

 271

Market capitalisation (% of market total)

57.7%

59.6%

58.4%

Turnover value (% of equity turnover)

68.2%

71.0%

71.6%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance

Month-end figures

 

 

Feb 2010

% Chan ge
over 1 Month

% Chan ge
over 12 Months

S&P/HKEx LargeCap Index

24240.75

2.0%

52.3%

S&P/HKEx GEM Index

741.42

5.2%

98.7%

Hang Seng Index

20608.70

2.4%

60.9%

Hang Seng China Enterprises Index#

11543.73

0.4%

67.2%

Hang Seng China-Affiliated Corporations Index*

4059.78

4.8%

40.0%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

 

Average Daily Volume (Contracts)

Feb 2010

Jan 2010

% Change

Total Futures

181,196

189,307

-4.3%

Hang Seng Index Futures

90,026

92,565

-2.7%

Mini Hang Seng Index Futures

36,367

38,523

-5.6%

H-shares Index Futures

51,369

53,905

-4.7%

Mini H-shares Index Futures

2,931

3,405

-13.9%

Stock Futures

492

864

-43.1%

3-Month HIBOR Futures

1

15

-93.3%

1-Month HIBOR Futures

0

0

-

3 -Year Exchange Fund Note Futures

0

0

-

Gold Futures

11

31

-64.5%

Total Options

224,183

290,120

-22.7%

Hang Seng Index Options

31,285

34,114

-8.3%

Mini Hang Seng Index Options

1,495

1,631

-8.3%

Flexible Hang Seng Index Options 1

0

0

-

H-shares Index Options

8,346

11,401

-26.8%

Flexible H-shares Index Options 2

15

0

-

Stock Options

183,046

242,975

-24.7%

Total Futures and Options

405,378

479,427

-15.4%

1 Trading in Flexible Hang Seng Index Options commenced on 08 Feb 2010
2 Trading in Flexible H-shares Index Options commenced on 08 Feb 2010

 

Clearing and Settlement

 

CCASS Statistics (securities market)

Feb 2010

Jan 2010

% Change

Average daily number of exchange trades handled by CCASS

663,099

890,948

-25.58%

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

69,642

83,443

-16.54%

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

437

670

-34.78%

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

99.91

99.84

N/A

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


69.77%
48.70%


69.84%
48.34%


N/A
N/A

DCASS Statistics (derivatives market)

Feb 2010

Jan 2010

% Chan ge

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

175,032

181,483

-3.6%

  -   Stock Futures

6,059

5,113

18.5%

   -   Interest Rates Futures

277

257

7.8%

  -   Gold Futures

46

139

-66.9%

  -   Equity Index Options

429,338

411,715

4.3%

  -   Stock Options

4,829,287

4,718,717

2.3%

 

Year-to-date Statistics

 

Securities Market

Feb 2010
YTD

Feb 2009
YTD

% Change

No. of newly listed companies #

7

5

40%

Average daily turnover by value ($Mil.)

67,702

43,639

55%

Average share traded per trading day (Mil. Shares)

128,015

78,658

63%

Average no. of trades per trading day

783,027

513,508

52%

Fund raised by IPOs ($Mil.)

27,213

1,423

1,813%

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

61,636

11,834

421%

Derivatives Market

Feb 2010
YTD

Feb 2009
YTD

% Chan ge

Average daily volume (contracts)

 

 

 

- Equity Index Futures

184,748

167,020

10.6%

- Stock Futures

687

1,062

-35.3%

- Interest Rates Futures

8

19

-57.9%

- Gold Futures **

21

31

-32.3%

- Equity Index Options

44,299

22,924

93.2%

- Stock Options

214,587

160,412

33.8%

Clearing & Settlement

Feb 2010
YTD

Feb 2009
YTD

% Chan ge

Average daily number of exchange trades handled by CCASS

783,019

513,501

52.49%

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

76,905

53,322

44.23%

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

560

378

48.15%

# 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 28 February 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, 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

11,148

2009/07/29