Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - June 2013

Date 05/07/2013

Highlights

Securities Market

  • The average daily turnover for the first six months of 2013 was $68,280 million, an increase of 20 per cent when compared with $56,697 million for the same period last year.
  • The average daily turnover of derivative warrants for the first six months of 2013 was $8,696 million, an increase of 17 per cent when compared with $7,448 million for the same period last year.
  • The average daily of turnover of ETFs for the first six months of 2013 was $4,547 million, an increase of 166 per cent when compared with $1,709 million for the same period last year.
  • Funds raised through IPOs for the first six months of 2013 was $39,488 million, an increase of 28 per cent when compared with $30,860 million for the same period last year.  

Derivatives Market

  • The average daily turnover of futures and options for the first six months of 2013 was 558,218 contracts, an increase of 12 per cent when compared with the 497,465 contracts for the same period last year.
  • On 25 June 2013, the turnover of futures and options reached a record high of 1,448,209 contracts.
  • H-shares Index Futures, Hang Seng Index Futures and H-shares Index Options reached a record high turnover of 389,031 contracts (25 June), 271,426 contracts (25 June) and 70,518 contracts (21 June) respectively.
  • H-shares Index Options, H-shares Index Futures and Mini H-shares Index Futures reached a record high open interest of 1,209,302 contracts (26 June), 332,727 contracts (26 June) and 6,743 contracts (24 June) respectively.

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

 

Jun 2013

Jun 2012

End 2012

No. of listed companies

 1,567

 1,519

 1,547

Total market capitalisation ($Bil.)

20,706.5

18,429.2

21,950.1

No. of newly listed companies *

5

5

64

No. of listed securities

8,174

6,926

6,903

No. of equity warrants

10

16

11

No. of derivatives warrants

4,895

4,032

3,747

No. of CBBCs

1,222

1,021

1,214

No. of unit trusts

121

103

111

No. of debt securities

355

231

269

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

 

Securities Market Turnover (Main Board and GEM)

  

Jun 2013

May 2013

% Change

Monthly turnover ($Mil.) *

1,299,891

1,269,913

2%

Average daily turnover by value ($Mil.) *

68,415

60,472

13%

No. of trading days

19

21

-

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

 

Turnover by Type of Securities (Main Board and GEM) 

  

Jun 2013
($Mil)

May 2013
($Mil)

% Change

Equities

951,562.47
(73.2%)

957,167.63
(75.4%)

-0.6%

Derivative warrants

141,320.11
(10.9%)

135,047.28
(10.6%)

4.6%

CBBCs

112,651.01
(8.7%)

95,564.25
(7.5%)

17.9%

Unit Trusts
(include ETFs)

92,767.09
(7.1%)

81,985.49
(6.5%)

13.2%

( ) % 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 June 2013 was $29,099 million (2.2 % of the securities market total turnover).

 

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

  

Jun 2013

Jun 2012

End 2012

No. of H shares

 176

169

176

No. of Red chips Stocks

121

 108

108

No. of Mainland private enterprises

 446

423

437

Market capitalisation (% of market total)

55.9%

57.6%

57.4%

Turnover value (% of equity turnover)

69.7%

70.1%

69.6%

 

  

Index Performance
Month-end figures

 

Jun 2013

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

24823.71

-6.8%

6.4%

S&P/HKEx GEM Index

392.10

-5.0%

2.3%

Hang Seng Index

20803.29

-7.1%

7.0%

Hang Seng China Enterprises Index#

9311.44

-12.2%

-2.8%

Hang Seng China-Affiliated Corporations Index*

4028.72

-7.7%

6.1%


# - tracks H shares
* - tracks Red chips

 

  

Derivatives Market Turnover

  

Average Daily Volume (Contracts)

Jun 2013

May 2013

% Change

Total Futures

269,098

201,837

33.3%

Hang Seng Index Futures

104,846

82,284

27.4%

Mini Hang Seng Index Futures

43,261

31,664

36.6%

H-shares Index Futures

107,285

77,095

39.2%

Mini H-shares Index Futures

8,837

7,953

11.1%

HSI Dividend Point Index Futures

3

5

-40.0%

HSCEI Dividend Point Index Futures

1,579

381

314.4%

HSI Volatility Index Futures

6

4

50.0%

IBOVESPA Futures

0

0

-

MICEX Index Futures

0

0

-

Sensex Index Futures

0

0

-

FTSE/JSE Top40 Futures

0

0

-

Stock Futures

2,211

1,572

40.6%

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 

1,070

879

21.7%

Gold Futures

0

0

-

Total Options

381,826

321,060

18.9%

Hang Seng Index Options

44,467

38,093

16.7%

Mini Hang Seng Index Options

6,685

4,441

50.5%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

42,975

25,680

67.3%

Flexible H-shares Index Options

69

38

81.6%

Stock Options

287,629

252,807

13.8%

Total Futures and Options

650,924

522,896

24.5%

 

  

Clearing and Settlement

CCASS Statistics (securities market)

Jun 2013

May 2013

% Change

Average daily number of exchange trades handled by CCASS

1,072,099

919,630

16.58%

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

86,534

77,888

11.10%

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

415

400

3.75%

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

99.87%

99.89%

N/A

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


70.11%
51.72%


69.87%51.87%


N/A
N/A

DCASS Statistics (derivatives market)

Jun 2013

May 2013

% Change

Month-end Open Interest (contracts)

 

 

 

–  Equity Index Futures

390,823

361,232

8.2%

–  Stock Futures

18,258

31,016

-41.1%

–  Interest Rates Futures

0

0

-

–  RMB Currency Futures

7,028

6,685

5.1%

–  Gold Futures

0

0

-

–  Equity Index Options

1,299,942

1,371,616

-5.2%

–  Stock Options

4,810,169

5,678,934

-15.3%

 

 

Year-to-date Statistics

Securities Market

Jun 2013
YTD

Jun 2012
YTD

% Change

No. of newly listed companies # 

23

32

-28.1%

Average daily turnover by value ($Mil.) ^

68,280

56,697

20.4%

Average share traded per trading day (Mil. Shares)

159,143

147,838

7.6%

Average no. of trades per trading day

976,469

807,344

20.9%

Fund raised by IPOs ($Mil.)

39,488

30,860

28.0%

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

133,567

128,307

4.1%

Derivatives Market

Jun 2013
YTD

Jun 2012
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

212,331

196,440

8.1%

– Stock Futures

2,406

1,140

111.1%

– Interest Rates Futures

0

1

-100.0%

– RMB Currency Futures

599

-

-

– Gold Futures

0

0

-

– Equity Index Options

75,835

68,029

11.5%

– Stock Options

267,047

231,856

15.2%

Clearing & Settlement

Jun 2013
YTD

Jun 2012
YTD

% Change

Average daily number of exchange trades handled by CCASS

975,334

807,063

20.85%

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

85,523

75,146

13.81%

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

425

340

25.00%

 

# 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 30 June 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

2007/10/30

23,196,977,098,941

2

2007/11/01

23,176,749,100,222

3

2013/01/30

23,174,639,554,061

4

2013/02/04

23,158,596,585,808

5

2013/01/22

23,141,347,249,941

6

2013/02/01

23,140,149,024,689

7

2013/01/21

23,097,666,249,380

8

2013/01/31

23,097,373,119,753

9

2013/01/23

23,085,380,606,572

10

2007/10/29

23,070,544,404,276

 

  

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

332,727

2013/06/26

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

Mini Hang Seng Index Futures

86,812

2011/08/09

21,682

2011/06/17

H-shares Index Options

70,518

2013/06/21

1,209,302

2013/06/26

Stock Futures

27,966

2007/03/28

47,050

2013/03/27

HSCEI Dividend Point Index Futures

20,802

2012/05/24

77,555

2012/10/29

Mini H-shares Index Futures

19,556

2011/08/09

6,743

2013/06/24

Mini Hang Seng Index Options

13,917

2012/05/18

32,651

2012/05/29