Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - November 2010

Date 06/12/2010

Highlights

- Securities Market

  • A total of $397,932 million was raised by initial public offerings for the first 11 months of 2010, an increase of 113 per cent when compared with $186,877 million for the same period last year.
  • There were 92* newly listed companies for the first 11 months of 2010, an increase of 59 per cent when compared with 58* for the same period last year.
  • The average daily turnover for the first 11 months of 2010 was $69,664 million, an increase of 11 per cent when compared with $62,554 million for the same period last year.
  • On 12 November 2010, the turnover of CBBCs reached a record high of $14,046 million.

 * Included eight companies which transferred listing from GEM to Main Board as of 30 November 2010, compared with four companies for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first 11 months of 2010 was 466,838 contracts, an increase of 17 per cent when compared with 397,802 contracts for the same period last year.
  • The average daily turnover of equity index options for the first 11 months of 2010 was 47,585 contracts, an increase of 59 per cent when compared with 29,905 contracts for the same period last year.
  • On 12 November 2010, the turnover of Mini H-shares Index Futures reached a record high of 8,747 contracts.
  • On 26 November 2010, the open interest of Stock Options reached a record high of 8,825,259 contracts.

  

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

 

Nov 2010

Nov 2009

End 2009

No. of listed companies

 1,397

 1,308

 1,319

Total market capitalisation ($Bil.)

20,936

17,515

17,874

No. of newly listed companies *

14

14

73

No. of listed securities

7,894

6,528

6,616

No. of equity warrants

22

27

 26

No. of derivatives warrants

5,054

3,343

3,367

No. of CBBC

1,174

1,635

1,692

No. of unit trusts

77

51

52

No. of debt securities

167

161

157

* Includes the number of transfers of listing from GEM to Main Board

 

Securities Market Turnover (Main Board and GEM)

 

Nov 2010

Oct 2010

% Change

Monthly turnover ($Mil.) *

2,168,192

1,968,933

10%

Average daily turnover by value ($Mil.) *

98,554

98,447

0%

No. of trading days

22

20

-

* Turnover value for traded in non-HKD currency securities have been included start from 29 November 2010

 

Turnover by Type of Securities (Main Board and GEM)

 

Nov 2010
($Mil)

Oct 2010
($Mil)

% Change

Equities

1,478,288.16
(68.2%)

1,429,262.98
(72.6%)

3.4%

Derivative warrants

374,468.90
(17.3%)

294,677.71
(15.0%)

27.1%

CBBC

223,554.29
(10.3%)

154,747.03
(7.9%)

44.5%

Debt securities

0.00
(0.0%)

0. 00  
(0.0%)

-

( ) % of market total
Turnover value for traded in non-HKD currency securities have been included start from 29 November 2010

 

Mainland Enterprises (Main Board and GEM)

Month-end figures

 

Nov 2010

Nov 2009

End 2009

No. of H shares

 160

154

156

No. of Red chips Stocks

102

97

 97

No. of NHMPE

 319

263

 271

Market capitalisation (% of market total)

56.9%

58.4%

58.4%

Turnover value (% of equity turnover)

62.0%

71.6%

71.6%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

Nov 2010

% Change over
1 Month

% Change over
12 Months

S&P/HKEx LargeCap Index

27339.35

0.4%

7.3%

S&P/HKEx GEM Index

839.26

1.8%

17.9%

Hang Seng Index

23007.99

-0.4%

5.4%

Hang Seng China Enterprises Index#

12817.59

-2.7%

-1.3%

Hang Seng China-Affiliated Corporations Index*

4109.98

-2.3%

2.4%

 # - tracks H shares
* - tracks Red chips

  

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Nov 2010

Oct 2010

% Change

Total Futures

201,563

192,143

4.9%

Hang Seng Index Futures

102,113

97,152

5.1%

Mini Hang Seng Index Futures

36,529

32,687

11.8%

H-shares Index Futures

54,629

54,988

-0.7%

Mini H-shares Index Futures

5,961

4,963

20.1%

HSI Dividend Point Index Futures 1

67

-

-

HSCEI Dividend Point Index Futures 2

187

-

-

Stock Futures

2,032

2,320

-12.4%

3-Month HIBOR Futures

8

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Gold Futures

38

35

8.6%

Total Options

416,237

423,064

-1.6%

Hang Seng Index Options

48,987

44,147

11.0%

Mini Hang Seng Index Options

2,924

2,826

3.5%

Flexible Hang Seng Index Options 3

0

25

-100.0%

H-shares Index Options

15,730

14,813

6.2%

Flexible H-shares Index Options 4

0

32

-100.0%

Stock Options

348,595

361,221

-3.5%

Total Futures and Options

617,800

615,206

0.4%

1 Trading in HSI Dividend Point Index Futures commenced on 01 Nov 2010
2 Trading in HSCEI Dividend Point Index Futures commenced on 01 Nov 2010
3 Trading in Flexible Hang Seng Index Options commenced on 08 Feb 2010
4 Trading in Flexible H-shares Index Options commenced on 08 Feb 2010

 

Clearing and Settlement

CCASS Statistics (securities market)

Nov 2010

Oct 2010

% Change

Average daily number of exchange trades handled by CCASS

988,134

992,848

-0.47%

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

95,623

96,713

-1.13%

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

762

844

-9.72%

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

99.86

99.88

N/A

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


72.34%50.88%

 


72.13%
50.66%


N/A
N/A

DCASS Statistics (derivatives market)

Nov 2010

Oct 2010

% Change

Month-end Open Interest (contracts)

 

 

 

  –  Equity Index Futures

205,265

238,657

-14.0%

  –  Stock Futures

12,874

10,991

17.1%

  –  Interest Rates Futures

208

135

54.1%

  –  Gold Futures

173

162

6.8%

  –  Equity Index Options

572,485

506,538

13.0%

  –  Stock Options

7,263,272

6,374,743

13.9%

 

  

Year-to-date Statistics

Securities Market

Nov 2010
YTD

Nov 2009
YTD

% Change

No. of newly listed companies #

92

58

59%

Average daily turnover by value ($Mil.) ^

69,664

62,554

11%

Average share traded per trading day (Mil. Shares)

140,275

99,334

41%

Average no. of trades per trading day

782,624

713,865

10%

Fund raised by IPOs ($Mil.)

397,932

186,877

113%

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

676,545

550,945

23%

Derivatives Market

Nov 2010
YTD

Nov 2009
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

173,486

176,221

-1.6%

– Stock Futures

922

1,134

-18.7%

– Interest Rates Futures

4

12

-66.7%

– Gold Futures

23

25

-8.0%

– Equity Index Options

47,585

29,905

59.1%

– Stock Options

244,817

190,505

28.5%

Clearing & Settlement

Nov 2010
YTD

Nov 2009
YTD

% Change

Average daily number of exchange trades handled by CCASS

782,600

713,857

9.63%

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

79,621

68,730

15.85%

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

578

550

5.09%

# Includes the number of transfers of listing from GEM to Main Board
^  Turnover value for traded in non-HKD currency securities have been included start from 29 November 2010
* Provisional figures only

 

 

Historical Records
up to 30 November 2010

 

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

2007/10/29

        23,070,544,404,276

4

2007/10/31

        23,069,877,573,111

5

2007/11/02

        22,518,847,046,433

6

2010/11/08

        22,297,367,476,072

7

2007/10/26

        22,285,176,719,928

8

2007/11/07

        22,202,420,942,652

9

2010/11/11

        22,177,709,007,319

10

2010/11/05

        22,168,061,232,445

 

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

Stock Options

805,947

2008/03/27

8,825,259

2010/11/26

Hang Seng Index Futures

228,392

2010/10/26

198,789

2007/06/27

H-shares Index Futures

219,689

2008/10/28

162,527

2010/10/27

Hang Seng Index Options

85,981

2007/11/28

476,682

2007/08/29

Mini Hang Seng Index Futures

63,991

2008/01/24

11,148

2009/07/29