HKEx Monthly Market Highlights

Highlights

Securities Market

On 25 March 2008, the Hang Seng Index rose 1356.30 points, the fifth largest single-day advance in history, in terms of points.
Total turnover value for the first quarter 2008 was HK$5,922 billion, compared with HK$3,279 billion in the same period last year, an increase of 81 per cent.

Derivatives Market

On 27 March 2008, the daily turnover for Stock Options reached a record high of 805,947 contracts.
On 26 March 2008, the daily turnover for H-shares Index Futures reached a record high of 179,041 contracts. Total open interest also reached a record high of 156,841 contracts.
Mini H-shares Index Futures commenced trading on 31 March 2008.
For the first quarter 2008, a total of 28,087,102 Futures and Options contracts were traded, compared with 16,670,429 contracts on the same period last year, an increase of 68 per cent.

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

	Mar 2008	Mar 2007	End 2007
No. of listed companies	1,244	1,180	1,241
Total market capitalisation ($Bil.)	16,938	13,551	20,698
No. of newly listed companies	6	5	84
No. of listed securities	6,701	3,844	6,092
No. of equity warrants	40	29	33
No. of derivatives warrants	5,000	2,396	4,483
No. of CBBC	214	41	131
No. of unit trusts	26	16	26
No. of debt securities	174	178	175

Securities Market Turnover (Main Board and GEM)

	Mar 2008	Feb 2008	% Chan ge
Monthly turnover ($Mil.)	1,699,723	1,593,385	7%
Average daily turnover by value ($Mil.)	89,459	83,862	7%
No. of trading days	19	19	-

Turnover by Type of Securities (Main Board and GEM)

( ) % of market total

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

	Mar 2008	Mar 2007	End 2007
No. of H shares	147	141	146
No. of Red chips Stocks	93	90	93
No. of NHMPE	202	139	200
Market capitalisation (% of market total)	56.8%	49.7%	58.2%
Turnover value (% of equity turnover)	69.6%	61.9%	69.3%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Mar 2008	% Chan ge over 1 Month	% Chan ge over 12 Months
S&P/HKEx LargeCap Index	27781.18	-6.5%	18.3%
S&P/HKEx GEM Index	845.89	-20.2%	-37.3%
Hang Seng Index	22849.20	-6.1%	15.4%
Hang Seng China Enterprises Index#	12083.30	-13.3%	25.7%
Hang Seng China-Affiliated Corporations Index*	5087.58	-7.2%	48.1%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	Mar 2008	Feb 2008	% Change
Total Futures	184,719	168,802	9.4%
Hang Seng Index Futures	89,67 3	8 3 , 3 46	7.6%
Mini Hang Seng Index Futures	3 0,788	27,812	10.7%
H-shares Index Futures	6 3 ,224	57,184	10.6%
Mini H-shares Index Futures	1,204	-	-
Hang Seng China H-Financials Index Futures	0	0	-
FTSE/Xinhua China 25 Index Future	0	0	-
Stock Futures	8 3 9	3 76	12 3 .1%
3-Month HIBOR Futures	121	80	51. 3 %
1-Month HIBOR Futures	10	4	150.0%
3 -Year Exchange Fund Note Futures	0	0	-
Total Options	3 3 5,011	256,5 3 8	3 0.6%
Hang Seng Index Options	14,826	1 3 ,684	8. 3 %
Mini Hang Seng Index Options	421	288	46.2%
H-shares Index Options	7,81 3	4,844	61. 3 %
FTSE/Xinhua China 25 Index Option	5	3	66.7%
Stock Options	3 11,946	2 3 7,718	3 1.2%
Total Futures and Options	519,7 3 0	425, 3 3 9	22.2%

Clearing and Settlement

CCASS Statistics (securities market)	Mar 2008	Feb 2008	% Change
Average daily number of exchange trades handled by CCASS	619,347	550,992	12.41%
Average daily number of settlement instructions (SIs) settled by CCASS	66,289	67,007	(1.07%)
Average daily number of investor SIs (ISIs) settled by CCASS	592	486	21.81%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.85	99.88	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	77.13% 44.86%	76.43% 46.33%	N/A N/A
DCASS Statistics (derivatives market)	Mar 2008	Feb 2008	% Chan ge
Month-end Open Interest (contracts)
- Equity Index Futures	224,8 3 8	228, 3 15	-1.5%
- Stock Futures	5,44 3	5,094	6.9%
- Interest Rates Futures	2,060	2,772	-25.7%
- Equity Index Options	194,619	28 3 ,918	- 3 1.5%
- Stock Options	5,652,274	6,716,561	-15.8%

Year-to-date Statistics

Securities Market	Mar 2008 YTD	Mar 2007 YTD	% Change
No. of newly listed companies	10	13	-23%
Average daily turnover by value ($Mil.)	98,707	52,884	87%
Average share traded per trading day (Mil. Shares)	155,031	62,821	147%
Average no. of trades per trading day	644,098	431,707	49%
Fund raised by IPOs ($Mil.)	32,917	20,004	65%
Total funds raised (including IPOs) ($Mil.)*	63,530	52,730	20%
Derivatives Market	Mar 2008 YTD	Mar 2007 YTD	% Chan ge
*Average daily volume (contracts)*
- Equity Index Futures	18 3 ,819	104,577	75.8%
- Stock Futures	662	2,448	-7 3 .0%
- Interest Rates Futures	1 3 3	170	-21.8%
- Equity Index Options	21,240	3 7,021	-42.6%
- Stock Options	266,199	124,662	11 3 .5%
Clearing & Settlement	Mar 2008 YTD	Mar 2007 YTD	% Chan ge
Average daily number of exchange trades handled by CCASS	644,083	431,701	49.20%
Average daily number of settlement instructions (SIs) settled by CCASS	70,212	50,130	40.06%
Average daily number of investor SIs (ISIs) settled by CCASS	624	782	(20.20%)

* Provisional figures only

Historical Records
up to 31 March 2008

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 - March 2008