Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - May 2007

Date 06/06/2007


Highlights

  1. On 14 May 2007 , the securities market turnover reached a record high of $96,040 million.
  2. On 17 May 2007 , the Hang Seng Index reached a record closing high of 20994.61.
  3. The securities market capitalisation reached an all-time high of $15,006 billion on 23 May 2007 , exceeding $15 trillion for the first time.
  4. On 30 May 2007 , the daily turnover of Hang Seng Index Options reached an all-time high of 63,791 contracts.

 

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

 

May 2007

May 2006

End 2006

No. of listed companies

 1,189

 1,144

 1,173

Total market capitalisation ($Bil.)

14,982

9,411

13,338

No. of newly listed companies

 5

 3

 62

No. of listed securities

 4,040

 2,835

 3,383

No. of equity warrants

 31

 26

 28

No. of derivatives warrants

 2,581

 1,475

 1,959

No. of CBBC*

 35

 -  

 24

No. of unit trusts

 23

 14

 15

No. of debt securities

 177

 172

 180

* The first CBBC were listed on 12 June 2006

 

Securities Market Turnover (Main Board and GEM)

 

May 2007

Apr 2007

% Chan ge

Monthly turnover ($Mil.)

1,333,976

997,405

34%

Average daily turnover by value ($Mil.)

63,523

55,411

15%

No. of trading days

21

18

-

 

Turnover by Type of Securities (Main Board and GEM)

 

May 2007($Mil)

Apr 2007($Mil)

% Chan ge

Equities

1,108,965.27
(83.1%)

811,917.34
(81.4%)

36.6%

Derivative warrants

203,518.52
(15.3%)

172,455.57
(17.3%)

18.0%

CBBC

1,979.39
(0.1%)

1,256.05
(0.1%)

57.6%

Debt securities

0.10
(0.0%)
(less than 0.1%)

0.44
(0.0%)
(less than 0.1%)

-78.0%

( ) % of market total

 

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

 

May 2007

May 2006

End 2006

No. of H shares

143

128

141

No. of Red chips Stocks

91

91

90

No. of NHMPE

140

128

136

Market capitalisation (% of market total)

50.3%

40.9%

50.3%

Turnover value (% of equity turnover)

63.5%

54.0%

60.0%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

May 2007

% Change over 1 Month

% Change YTD

S&P/HKEx LargeCap Index

24611.52

2.3%

31.2%

S&P/HKEx GEM Index

1604.29

14.0%

38.1%

Hang Seng Index

20634.47

1.6%

30.1%

Hang Seng China Enterprises Index#

10739.32

7.0%

61.1%

Hang Seng China-Affiliated Corporations Index*

3619.26

4.8%

68.2%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts) #

May 2007

Apr 2007

% Change

Total Futures

102,770

103,889

-1.1%

Hang Seng Index Futures

58,787

61,929

-5.1%

Mini Hang Seng Index Futures

11,666

11,052

5.6%

H-shares Index Futures

31,703

29,073

9.0%

Hang Seng China H-Financials Index Futures1

34

174

-80.5%

FTSE/Xinhua China 25 Index Future

11

27

-59.3%

Stock Futures

454

1,436

-68.4%

3-Month HIBOR Futures

114

197

-42.1%

1-Month HIBOR Futures

1

1

0.0%

3-Year Exchange Fund Note Futures

0

0

-

Total Options

144,428

154,246

-6.4%

Hang Seng Index Options

29,206

27,872

4.8%

Mini Hang Seng Index Options

152

188

-19.1%

H-shares Index Options

5,972

4,123

44.8%

FTSE/Xinhua China 25 Index Option

2

17

-88.2%

Stock Options

109,097

122,046

-10.6%

Total Futures and Options

247,199

258,135

-4.2%

# Total average daily volume is the sum of the respective average daily volume of the individual products.
1  Trading in Hang Seng China H-Financials Index Futures commenced on 16 Apr 2007 .

 

Clearing and Settlement

CCASS Statistics (securities market)

May 2007

Apr 2007

% Change

Average daily number of exchange trades handled by CCASS

550,340

479,891

14.68%

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

58,941

54,165

8.82%

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

938

839

11.80%

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

99.68

99.77

N/A

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


63.38%
41.29%


62.36%
40.05%


N/A
N/A

DCASS Statistics (derivatives market)

May 2007

Apr 2007

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

218,074

198,469

9.9%

  -   Stock Futures

4,191

5,665

-26.0%

  -   Interest Rates Futures

12,409

11,831

4.9%

  -   Equity Index Options

400,148

338,869

18.1%

  -   Stock Options

3,304,080

3,098,809

6.6%

 

Year-to-date Statistics

Securities Market

May 2007
YTD

May 2006
YTD

% Change

No. of newly listed companies

24

21

14%

Average daily turnover by value ($Mil.)

55,546

          33,246

67%

Average share traded per trading day (Mil. Shares)

66,429

          34,621

92%

Average no. of trades per trading day

464,962

        255,435

82%

Fund raised by IPOs ($Mil.)

93,028

          18,576

401%

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

136,690

          95,028

44%

Derivatives Market

May 2007
YTD

May 2006
YTD

% Change

Average daily volume (contracts)

 

 

 

- Equity Index Futures

103,713

77,516

33.8%

- Stock Futures

1,853

216

757.9%

- Interest Rates Futures

163

76

114.5%

- Equity Index Options

35,810

18,091

97.9%

- Stock Options

120,960

66,597

81.6%

Clearing & Settlement

May 2007
YTD

May 2006
YTD

% Change

Average daily number of exchange trades handled by CCASS

464,957

255,430

82.03%

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

52,681

36,197

45.54%

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

825

543

51.93%

* Provisional figures only

 

Historical Records
up to 31 May 2007

Top 10 Hang Seng Index Closes

Rank

Date

Close

1

2007/05/17

20994.61

2

2007/05/14

20979.24

3

2007/05/16

20937.26

4

2007/05/21

20927.75

5

2007/05/18

20904.84

6

2007/05/07

20896.64

7

2007/05/15

20868.15

8

2007/05/09

20844.78

9

2007/05/22

20843.92

10

2007/05/04

20841.08

 

Top 10 Daily Market Turnover
(Main Board and GEM)

Rank

Date

Turnover ($)

1

2007/05/14

96,040,371,519

2

2007/02/28

80,859,034,731

3

1998/08/28

79,002,608,619

4

2007/05/15

77,816,181,924

5

2007/05/31

77,650,209,979

6

2007/05/30

76,743,482,271

7

2007/01/04

76,680,647,923

8

2006/10/27

76,163,013,434

9

2007/03/05

72,768,457,913

10

2007/01/05

70,824,656,602

 

Top 10 Market Capitalisation
(Main Board and GEM)

Rank

Date

Market Capitalisation($)

1

2007/05/23

15,006,050,743,387

2

2007/05/31

14,981,759,537,350

3

2007/05/17

14,913,384,432,547

4

2007/05/21

14,902,129,655,266

5

2007/05/28

14,889,280,549,627

6

2007/05/22

14,887,746,538,489

7

2007/05/14

14,879,776,895,526

8

2007/05/16

14,877,416,183,529

9

2007/05/29

14,871,914,237,412

10

2007/05/18

14,861,061,407,565

 

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

414,243

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

63,791

2007/05/30

424,874

2007/03/28

H-shares Index Options

33,126

2007/03/06

166,238

2007/03/28