Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - November 2013

Date 05/12/2013

Highlights

- Securities Market 

  • The average daily turnover for the first 11 months of 2013 was $63,097 million, an increase of 19 per cent when compared with $53,233 million for the same period last year.
  • The average daily turnover of ETFs for the first 11 months of 2013 was $3,774 million, an increase of 103 per cent when compared with $1,859 million for the same period last year.
  • Funds raised through IPOs for the first 11 months of 2013 was $94,588 million, an increase of 77 per cent when compared with $53,563 million for the same period last year.
  • Market capitalisation exceeded $24,000 billion for the first time on 27 November 2013, when it reached $24,001.8 billion. 

 

- Derivatives Market

  • The average daily turnover of futures and options for the first 11 months of 2013 was 534,944 contracts, an increase of 10 per cent when compared with the 485,782 contracts for the same period last year.
  • On 19 November 2013, the open interest of HSCEI Dividend Point Index Futures reached a record high of 95,673 contracts.
  • On 19 and 27 November 2013, the turnover and open interest of H-shares Index Options reached record highs of 113,156 and 1,434,203 contracts respectively. 

  

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

 

 

Nov 2013

Nov 2012

End 2012

No. of listed companies

 1,615

 1,540

 1,547

Total market capitalisation ($Bil.)

24,134.6

21,035.3

21,950.1

No. of newly listed companies *

15

4

64

No. of listed securities

8,539

6,930

6,903

No. of equity warrants

8

12

11

No. of derivatives warrants

4,768

3,756

3,747

No. of CBBCs

1,623

1,242

1,214

No. of unit trusts

127

111

111

No. of debt securities

394

265

269

 

* Includes the number of transfer of listings from GEM to Main Board

  

Securities Market Turnover (Main Board and GEM)

 

 

Nov 2013

Oct 2013

% Change

Monthly turnover ($Mil.) *

1,302,854

1,227,371

6%

Average daily turnover by value ($Mil.) *

62,041

58,446

6%

No. of trading days

21

21

-

 

* Turnover value for securities traded in non-Hong Kong dollar currency have been included

 

Turnover by Type of Securities (Main Board and GEM) 

 

 

Nov 2013
($Mil)

Oct 2013
($Mil)

% Change

Equities

1,009,586.72
(77.5%)

947,484.44
(77.2%)

6.6%

Derivative warrants

122,117.57
(9.4%)

143,000.91
(11.7%)

-14.6%

CBBCs

96,146.55
(7.4%)

86,004.31
(7.0%)

11.8%

Unit Trusts
(include ETFs)

74,698.82
(5.7%)

50,618.42
(4.1%)

47.6%

 

( ) % of market total
Turnover value for securities traded in non-Hong Kong dollar currency have been included

  

ATS Transactions

The total turnover of automated trading services’ (ATS) transactions for November 2013 was $21,458 million (1.6 % of the securities market total turnover).

 

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

 

 

Nov 2013

Nov 2012

End 2012

No. of H shares

 178

172

176

No. of Red chips Stocks

122

 108

108

No. of Mainland private enterprises

 476

434

437

Market capitalisation (% of market total)

57.4%

56.7%

57.4%

Turnover value (% of equity turnover)

74.6%

69.5%

69.6%

 

  

Index Performance
Month-end figures

 

 

Nov 2013

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

28721.91

3.4%

9.5%

S&P/HKEx GEM Index

468.53

0.9%

35.1%

Hang Seng Index

23881.29

2.9%

8.4%

Hang Seng China Enterprises Index#

11441.27

7.7%

7.7%

Hang Seng China-Affiliated Corporations Index*

4683.69

2.9%

6.7%

 

# - tracks H shares
* - tracks Red chips

  

Derivatives Market Turnover

 

 

Average Daily Volume (Contracts)

Nov 2013

Oct 2013

% Change

Total Futures

207,754

197,010

5.5%

Hang Seng Index Futures

71,382

73,317

-2.6%

Mini Hang Seng Index Futures

25,158

28,549

-11.9%

H-shares Index Futures

98,087

81,824

19.9%

Mini H-shares Index Futures

9,903

10,305

-3.9%

HSI Dividend Point Index Futures

14

52

-73.1%

HSCEI Dividend Point Index Futures

707

658

7.4%

HSI Volatility Index Futures

3

3

0.0%

CES China 120 Index Futures

365

518

-29.5%

IBOVESPA Futures

0

0

-

MICEX Index Futures

0

0

-

S&P BSE Sensex Index Futures

0

0

-

FTSE/JSE Top40 Futures

0

0

-

Stock Futures

1,534

1,015

51.1%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

RMB Currency Futures - USD/CNH Futures 

601

768

-21.7%

Gold Futures

0

0

-

Total Options

343,224

284,927

20.5%

Hang Seng Index Options

29,100

27,433

6.1%

Mini Hang Seng Index Options

3,834

3,870

-0.9%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

46,205

28,801

60.4%

Flexible H-shares Index Options

96

0

-

Stock Options

263,989

224,824

17.4%

Total Futures and Options

550,978

481,938

14.3%

 

 

Clearing and Settlement

 

CCASS Statistics (securities market)

Nov 2013

Oct 2013

% Change

Average daily number of exchange trades handled by CCASS

944,160

929,761

1.55%

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

83,945

81,033

3.59%

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

417

363

14.88%

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

99.88%

99.92%

N/A

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


70.16
52.51


70.32%
52.35%


N/A
N/A

DCASS Statistics (derivatives market)

Nov 2013

Oct 2013

% Change

Month-end Open Interest (contracts)

 

 

 

–  Equity Index Futures

470,236

450,925

4.3%

–  Stock Futures

18,845

15,815

19.2%

–  Interest Rates Futures

1

1

0.0%

–  RMB Currency Futures

16,863

13,067

29.1%

–  Gold Futures

0

0

-

–  Equity Index Options

1,674,423

1,532,410

9.3%

–  Stock Options

6,202,785

5,412,953

14.6%

 

 

Year-to-date Statistics

 

Securities Market

Nov 2013
YTD

Nov 2012
YTD

% Change

No. of newly listed companies # 

78

57

36.8%

Average daily turnover by value ($Mil.) ^

63,097

53,233

18.5%

Average share traded per trading day (Mil. Shares)

144,645

139,335

3.8%

Average no. of trades per trading day

941,563

770,885

22.1%

Fund raised by IPOs ($Mil.)

94,588

53,563

76.6%

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

269,897

232,786ust

15.9%

Derivatives Market

Nov 2013
YTD

Nov 2012
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

210,280

189,582

10.9%

– Stock Futures

1,902

1,266

50.2%

– Interest Rates Futures

0

1

-100.0%

– RMB Currency Futures

567

254

123.2%

– Gold Futures

0

0

-

– Equity Index Options

73,422

67,629

8.6%

– Stock Options

248,774

227,246

9.5%

Clearing & Settlement

Nov 2013
YTD

Nov 2012
YTD

% Change

Average daily number of exchange trades handled by CCASS

940,642

770,380

22.10%

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

82,386

72,094

14.28%

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

396

334

18.56%

 

# Includes the number of transfer of listings from GEM to Main Board
^  Turnover value for traded in non-HKD currency securities have been included
* Provisional figures only

 

Historical Records
up to 30 November 2013 

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

2013/11/29

24,134,626,917,520

2

2013/11/28

24,007,455,940,904

3

2013/11/27

24,001,838,885,015

4

2013/11/18

23,917,768,522,754

5

2013/11/20

23,898,865,347,210

6

2013/11/26

23,878,290,078,351

7

2013/11/25

23,862,265,683,707

8

2013/11/22

23,859,841,026,430

9

2013/11/19

23,853,161,689,035

10

2013/11/21

23,764,654,604,058

 

  

Record High for Top-10 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

9,218,955

2011/11/28

H-shares Index Futures

389,031

2013/06/25

332,727

2013/06/26

Hang Seng Index Futures

271,426

2013/06/25

198,789

2007/06/27

Hang Seng Index Options

116,835

2011/08/05

560,087

2012/06/27

H-shares Index Options

113,156

2013/11/19

1,434,203

2013/11/27

Mini Hang Seng Index Futures

86,812

2011/08/09

21,682

2011/06/17

Stock Futures

27,966

2007/03/28

47,050

2013/03/27

HSCEI Dividend Point Index Futures

20,802

2012/05/24

95,673

2013/11/19

Mini H-shares Index Futures

19,556

2011/08/09

6,951

2013/09/23

Mini Hang Seng Index Options

13,917

2012/05/18

32,651

2012/05/29