Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - March 2007

Date 10/04/2007

Highlights

  • On 30 March 2007 , the market capitalisation for the Growth Enterprise Market reached an all-time high of $108.73 billion.
  • Total trading volume of all derivatives market products in March 2007 reached a record high of 6,373,213 contracts, and the daily turnover of 565,836 contracts on 29 March 2007 was the highest in history.
  • On 28 March 2007 , total open interest for all derivatives market products reached an all-time high of 4,997,277 contracts.

Listed Securities (Main Board and GEM)

Month-end figures

 

 

Mar 2007

Mar 2006

End 2006

No. of listed companies

 1,180

 1,141

 1,173

Total market capitalisation ($Bil.)

 13,551

 9,416

13,338

No. of newly listed companies

 5

 8

 62

No. of listed securities

 3,844

 2,715

 3,383

No. of equity warrants

 29

 26

 28

No. of derivatives warrants

 2,396

 1,366

 1,959

No. of CBBC*

 41

 -  

 24

No. of unit trusts

 16

 13

 15

No. of debt securities

 178

 165

 180

* The first CBBC were listed on 12 June 2006

 

Securities Market Turnover (Main Board and GEM)

 

 

Mar 2007

Feb 2007

% Chan ge

Monthly turnover ($Mil.)

1,098,301

913,871

20%

Average daily turnover by value ($Mil.)

49,923

50,771

-2%

No. of trading days

22

18

-

 

Turnover by Type of Securities (Main Board and GEM)

 

 

Mar 2007($Mil)

Feb 2007($Mil)

% Chan ge

Equities

862,953.16
(78.6%)

715,979.98
(78.3%)

20.5%

Derivative warrants

221,313.77
(20.2%)

183,243.68
(20.1%)

20.8%

CBBC

1,453.63
(0.1%)

1,728.63
(0.2%)

-15.9%

Debt securities

1.53
(0.0%)
(less than 0.1%)

0.88
(0.0%)
(less than 0.1%)

73.8%

( ) % of market total

 

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

 

 

Mar 2007

Mar 2006

End 2006

No. of H shares

141

124

141

No. of Red chips Stocks

90

90

90

No. of NHMPE

139

127

136

Market capitalisation (% of market total)

49.6%

41.6%

50.3%

Turnover value (% of equity turnover)

61.9%

53.5%

60.0%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

 

Mar 2007

% Chan ge over 1 Month

% Chan ge YTD

S&P/HKEx LargeCap Index

23487.47

1.8%

26.2%

S&P/HKEx GEM Index

1349.71

1.7%

6.3%

Hang Seng Index

19800.93

0.8%

25.3%

Hang Seng China Enterprises Index#

9616.21

3.6%

43.4%

Hang Seng China-Affiliated Corporations Index*

3435.67

2.4%

57.3%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

 

Average Daily Volume (Contracts) #

Mar 2007

Feb 2007

% Change

Total Futures

106,045

105,7 3 6

0. 3 %

Hang Seng Index Futures

59,615

62,979

-5. 3 %

Mini Hang Seng Index Futures

11,577

12, 3 49

-6. 3 %

H-shares Index Futures

3 0,7 3 2

28,085

9.4%

FTSE/Xinhua China 25 Index Future

27

24

12.5%

Stock Futures

3 ,912

2,127

8 3 .9%

3-Month HIBOR Futures

182

172

5.8%

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Total Options

18 3 ,647

1 3 1,5 3 2

3 9.6%

Hang Seng Index Options

3 3 ,225

3 3 ,075

0.5%

Mini Hang Seng Index Options

5 3 8

641

-16.1%

H-shares Index Options

7,482

4,097

82.6%

FTSE/Xinhua China 25 Index Option

6

17

-64.7%

Stock Options

142, 3 96

9 3 ,70 3

52.0%

Total Futures and Options

289,692

2 3 7,269

22.1%

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

 

Clearing and Settlement

 

CCASS Statistics (securities market)

Mar 2007

Feb 2007

% Change

Average daily number of exchange trades handled by CCASS

418,860

424,998

-1.44%

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

51,294

49,082

4.51%

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

754

727  

3.71%

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

99.77

99.75

N/A

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


61.51%
40.05%


59.94%
40.02%


N/A
N/A

DCASS Statistics (derivatives market)

Mar 2007

Feb 2007

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

191,266

192,847

-0.8%

  -   Stock Futures

20,782

1 3 ,657

52.2%

  -   Interest Rates Futures

9,0 3 5

6,500

3 9.0%

  -   Equity Index Options

3 40, 3 1 3

4 3 0,677

-21.0%

  -   Stock Options

2,569,9 3 5

3 ,000,755

-14.4%

 

Year-to-date Statistics

 

Securities Market

Mar 2007
YTD

Mar 2006
YTD

% Change

No. of newly listed companies

13

15

-13%

Average daily turnover by value ($Mil.)

52,884

31,176

70%

Average share traded per trading day (Mil. Shares)

62,821

34,425

82%

Average no. of trades per trading day

431,707

245,036

76%

Fund raised by IPOs ($Mil.)

19,728

12,148

62%

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

43,707

32,799

33%

Derivatives Market

Mar 2007
YTD

Mar 2006
YTD

% Chan ge

Average daily volume (contracts)

 

 

 

- Equity Index Futures

104,577

71,094

47.1%

- Stock Futures

2,448

16 3

1401.8%

- Interest Rates Futures

170

97

75. 3 %

- Equity Index Options

3 7,021

16,401

125.7%

- Stock Options

124,662

61,86 3

101.5%

Clearing & Settlement

Mar 2007
YTD

Mar 2006
YTD

% Chan ge

Average daily number of exchange trades handled by CCASS

431,701

245,029

76.18%

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

50,130

34,261

46.32%

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

782

496

57.66%

* Provisional figures only

 

Historical Records
up to 31  March 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

2007/03/05

72,768,457,913

6

2007/01/05

70,824,656,602

7

2007/02/27

65,122,555,681

8

2007/02/08

65,113,213,988

9

2007/01/18

64,530,674,884

10

2007/01/10

64,236,229,726

 

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

414,24 3

2007/03/29

4,089,426

2007/03/28

H-shares Index Futures

91,499

2007/03/28

112,026

2007/03/28

Hang Seng Index Options

62,909

2007/03/05

424,874

2007/03/28

Mini-Hang Seng Index Futures

3 3 ,126

2007/03/06

166,2 3 8

2007/03/28