HKEx Monthly Market Highlights

Highlights

On 24 January 2007 , the Hang Seng Index reached a record closing high of 20821.05.
The securities market turnover for January 2007 reached a single-month record high of $1,266,635 million while average daily turnover at $57,574 million was the highest in history, exceeding the $50,000 million mark for the first time.
On 26 January 2007 , the daily turnover of Hang Seng Index Options reached an all-time high of 40,707 contracts.
On 29 January 2007 , total open interest for all derivatives market products reached an all-time high of 4,440,375 contracts.

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

	Jan 2007	Jan 2006	End 2006
No. of listed companies	1,172	1,136	1,173
Total market capitalisation ($Mil.)	13,343,009	8,875,774	13,337,706
No. of newly listed companies	1	2	62
No. of listed securities	3,700	2,729	3,383
No. of equity warrants	26	28	28
No. of derivatives warrants	2,267	1,381	1,959
No. of CBBC*	37	-	24
No. of unit trusts	15	13	15
No. of debt securities	179	167	180

* The first CBBC were listed on 12 June 2006

Securities Market Turnover (Main Board and GEM)

	Jan 2007	Dec 2006	% Change
Monthly turnover ($Mil.)	1,266,635	896,630	41%
Average daily turnover by value ($Mil.)	57,574	47,191	22%
No. of trading days	22	19	-

Turnover by Type of Securities (Main Board and GEM)

( ) % of market total

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

	Jan 2007	Jan 2006	End 2006
No. of H shares	141	120	141
No. of Red chips Stocks	89	91	90
No. of NHMPE	135	126	136
Market capitalisation (% of market total)	49.2%	40.5%	50.3%
Turnover value (% of equity turnover)	67.9%	55.5%	60.0%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Jan 2007	% Change over 1 Month	% Change YTD
S&P/HKEx LargeCap Index	23812.81	-2.3%	30.0%
S&P/HKEx GEM Index	1254.16	2.4%	8.4%
Hang Seng Index	20106.42	0.7%	27.6%
Hang Seng China Enterprises Index#	9602.4	-7.1%	53.0%
Hang Seng China-Affiliated Corporations Index*	3370.31	1.2%	60.5%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts) #
	Jan 2007	Dec 2006	% Change
Total Futures	109,539	93,482	17.2%
Hang Seng Index Futures	61,284	54,993	11.4%
Mini Hang Seng Index Futures	12,998	9,812	32.5%
H-shares Index Futures	33,819	27,993	20.8%
FTSE/XinhuaChina 25 Index Future	36	48	-25.0%
Stock Futures	1,247	597	108.9%
3-Month HIBOR Futures	155	39	297.4%
1-Month HIBOR Futures	0	0	-
3-Year Exchange Fund Note Futures	0	0	-
Total Options	164,388	146,736	12.0%
Hang Seng Index Options	25,653	19,096	34.3%
Mini Hang Seng Index Options	362	206	75.7%
H-shares Index Options	6,102	4,877	25.1%
FTSE/Xinhua China 25 Index Option	13	20	-35.0%
Stock Options	132,258	122,537	7.9%
Total Futures and Options	273,927	240,218	14.0%

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

Clearing and Settlement

CCASS Statistics (securities market)	Jan 2007	Dec 2006	% Change
Average daily number of exchange trades handled by CCASS	450,028	393,736	14.30%
Average daily number of settlement instructions (SIs) settled by CCASS	49,823	45,758	8.88%
Average daily number of investor SIs (ISIs) settled by CCASS	854	878	-2.73%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.76	99.61	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	60.10% 40.16%	58.79% 40.23%	N/A N/A
DCASS Statistics (derivatives market)	Jan 2007	Dec 2006	% Change
Month-end Open Interest (contracts)
- Equity Index Futures	191,938	185,262	3.6%
- Stock Futures	6,476	4,260	52.0%
- Interest Rates Futures	3,754	1,532	145.0%
- Equity Index Options	419,265	303,988	37.9%
- Stock Options	2,984,190	2,533,807	17.8%

Year-to-date Statistics

Securities Market	Jan 2007 YTD	Jan 2006 YTD	% Change
No. of newly listed companies	1	2	-50%
Average daily turnover by value ($Mil.)	57,574	30,509	89%
Average share traded per trading day (Mil. Shares)	54,840	31,062	77%
Average no. of trades per trading day	450,034	236,827	90%
Fund raised by IPOs ($Mil.)	249	1,069	-77%
Total funds raised (including IPOs) ($Mil.)*	1,525	8,166	-81%
Derivatives Market	Jan 2007 YTD	Jan 2006 YTD	% Change
*Average daily volume (contracts)*
- Equity Index Futures	108,137	71,557	51.1%
- Stock Futures	1,247	198	529.8%
- Interest Rates Futures	155	112	38.4%
- Equity Index Options	32,130	19,410	65.5%
- Stock Options	132,258	64,733	104.3%
Clearing & Settlement	Jan 2007 YTD	Jan 2006 YTD	% Change
Average daily number of exchange trades handled by CCASS	450,028	236,824	90.03%
Average daily number of settlement instructions (SIs) settled by CCASS	49,823	33,005	50.96%
Average daily number of investor SIs (ISIs) settled by CCASS	854	504	69.44%

* Provisional figures only

Historical Records
up to 31 January 2007

Top 10 Hang Seng Index Closes

Top 10 Daily Market Turnover
(Main Board and GEM)

Top 10 Market Capitalisation
(Main Board and GEM)

Record High for Top-5 Derivatives Market Products (Based on Contract Volume)

HKEx Monthly Market Highlights - January 2007