HKEx Monthly Market Highlights

Highlights

Securities Market

The average daily turnover for the first five months of 2008 was $91,845 million, an increase of 65 per cent when compared with the same period last year, when it was $55,546 million.
The average daily turnover of derivative warrants for the first five months of 2008 was $23,245 million, an increase of 124 per cent when compared with the same period last year, when it was $10,375 million.
On 23 May 2008, the turnover of CBBC reached a single-day record high of $4 billion.

Derivatives Market

The average daily of futures and options for the first five months of 2008 was 430,620 contracts, an increase of 64 per cent when compared with the same period last year, when it was 262,443 contracts.

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

	May 2008	May 2007	End 2007
No. of listed companies	1,248	1,189	1,241
Total market capitalisation ($Bil.)	18,379	14,982	20,698
No. of newly listed companies	4	5	84
No. of listed securities	6,659	4,040	6,092
No. of equity warrants	38	31	33
No. of derivatives warrants	4,821	2,581	4,483
No. of CBBC	350	35	131
No. of unit trusts	27	23	26
No. of debt securities	172	177	175

Securities Market Turnover (Main Board and GEM)

	May 2008	Apr 2008	% Chan ge
Monthly turnover ($Mil.)	1,533,448	1,820,521	-16%
Average daily turnover by value ($Mil.)	76,672	86,691	-12%
No. of trading days	20	21	-

Turnover by Type of Securities (Main Board and GEM)

( ) % of market total

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

	May 2008	May 2007	End 2007
No. of H shares	148	143	146
No. of Red chips Stocks	93	91	93
No. of NHMPE	203	140	200
Market capitalisation (% of market total)	57.3%	50.3%	58.2%
Turnover value (% of equity turnover)	70.1%	63.5%	69.3%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	May 2008	% Chan ge over 1 Month	% Chan ge over 12 Months
S&P/HKEx LargeCap Index	29645.00	-5.0%	20.5%
S&P/HKEx GEM Index	896.24	1.4%	-44.1%
Hang Seng Index	24533.12	-4.8%	18.9%
Hang Seng China Enterprises Index#	13770.51	-3.2%	28.2%
Hang Seng China-Affiliated Corporations Index*	5286.26	-8.7%	46.1%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	May 2008	Apr 2008	% Change
Total Futures	148,458	157,407	-5.7%
Hang Seng Index Futures	75,00 3	75,961	-1. 3 %
Mini Hang Seng Index Futures	24,7 3 9	26,57 3	-6.9%
H-shares Index Futures	46,8 3 8	52,697	-11.1%
Mini H-shares Index Futures	962	1,266	-24.0%
Hang Seng China H-Financials Index Futures	0	0	-
FTSE/Xinhua China 25 Index Future	0	0	-
Stock Futures	826	78 3	5.5%
3-Month HIBOR Futures	87	122	-28.7%
1-Month HIBOR Futures	2	4	-50.0%
3 -Year Exchange Fund Note Futures	0	0	-
Total Options	206,599	227,788	-9. 3 %
Hang Seng Index Options	12,797	10,707	19.5%
Mini Hang Seng Index Options	5 3 1	411	29.2%
H-shares Index Options	4, 3 62	4,109	6.2%
FTSE/Xinhua China 25 Index Option	0	0	-
Stock Options	188,910	212,562	-11.1%
Total Futures and Options	3 55,057	3 85,194	-7.8%

Clearing and Settlement

CCASS Statistics (securities market)	May 2008	Apr 2008	% Change
Average daily number of exchange trades handled by CCASS	561,613	588,089	-4.50%
Average daily number of settlement instructions (SIs) settled by CCASS	63,560	64,074	-0.80%
Average daily number of investor SIs (ISIs) settled by CCASS	515	534	-3.56%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.84	99.86	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	76.38% 45.05%	76.66% 45.30%	N/A N/A
DCASS Statistics (derivatives market)	May 2008	Apr 2008	% Chan ge
Month-end Open Interest (contracts)
- Equity Index Futures	191,210	207,472	-7.8%
- Stock Futures	8,5 3 8	6,7 3 4	26.8%
- Interest Rates Futures	2,462	2,221	10.9%
- Equity Index Options	197,016	175,76 3	12.1%
- Stock Options	6,048,414	5,997, 3 17	0.9%

Year-to-date Statistics

Securities Market	May 2008 YTD	May 2007 YTD	% Change
No. of newly listed companies	15	24	-38%
Average daily turnover by value ($Mil.)	91,845	55,546	65%
Average share traded per trading day (Mil. Shares)	142,448	66,429	114%
Average no. of trades per trading day	616,124	464,962	33%
Fund raised by IPOs ($Mil.)	38,443	93,255	-59%
Total funds raised (including IPOs) ($Mil.)*	93,652	161,569	-42%
Derivatives Market	May 2008 YTD	May 2007 YTD	% Chan ge
*Average daily volume (contracts)*
- Equity Index Futures	170,891	10 3 ,657	64.9%
- Stock Futures	720	1,85 3	-61.1%
- Interest Rates Futures	12 3	16 3	-24.5%
- Equity Index Options	19,277	3 5,810	-46.2%
- Stock Options	2 3 9,610	120,960	98.1%
Clearing & Settlement	May 2008 YTD	May 2007 YTD	% Chan ge
Average daily number of exchange trades handled by CCASS	616,110	464,957	32.51%
Average daily number of settlement instructions (SIs) settled by CCASS	67,592	52,681	28.30%
Average daily number of investor SIs (ISIs) settled by CCASS	584	825	-29.21%

* Provisional figures only

Historical Records
up to 31 May 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 - May 2008