Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - October 2009

Date 05/11/2009

Highlights

- Securities Market

  1. The average daily turnover for the first 10 months of 2009 was $61,717 million, a decrease of 20 per cent when compared with $77,453 million for the same period last year.
  2. The average daily turnover of CBBCs for the first 10 months of 2009 was $6,728 million, an increase of 75 per cent when compared with $3,848 million for the same period last year.
  3. The average daily turnover of ETFs for the first 10 months of 2009 was $2,021 million, an increase of 14 per cent when compared with $1,778 million for the same period last year.
  4. There were eleven new listings in October 2009, compared with three in the same period last year.
  5. Funds raised through IPOs totalled $107.2 billion in the first 10 months of 2009, an increase of 63 per cent when compared with $65.8 billion in the same period last year.  

- Derivatives Market

  1. The average daily turnover of futures and options for the first 10 months of 2009 was 398,491 contracts, a decrease of 9 per cent when compared with 440,320 contracts for the same period last year.
  2. The average daily turnover of equity index options for the first 10 months of 2009 was 29,163 contracts, an increase of 28 per cent when compared with 22,832 contracts for the same period last year.  

 

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

 

 

Oct 2009

Oct 2008

End 2008

No. of listed companies

 1,297

 1,259

 1,261

Total market capitalisation ($Bil.)

16,899

9,521

10,299

No. of newly listed companies *

11

3

49

No. of listed securities

6,490

6,028

5,831

No. of equity warrants

26

39

 37

No. of derivatives warrants

3,220

3,684

3,011

No. of CBBC

1,734

836

1,314

No. of unit trusts

46

33

33

No. of debt securities

164

174

172

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

 

Securities Market Turnover (Main Board and GEM)

 

 

Oct 2009

Sep 2009

% Chan ge

Monthly turnover ($Mil.)

1,319,141

1,339,121

-1%

Average daily turnover by value ($Mil.)

65,957

60,869

8%

No. of trading days

20

22

-

 

Turnover by Type of Securities (Main Board and GEM)

 

 

Oct 2009
($Mil)

Sep 2009
($Mil)

% Chan ge

Equities

1,000,912.08
(75.9%)

993,487.11
(74.2%)

0.7%

Derivative warrants

146,560.84
(11.1%)

146,613.61
(10.9%)

0.0%

CBBC

129,429.01
(9.8%)

138,032.57
(10.3%)

-6.2%

Debt securities

0.10
(0.0%)
(less than 0.1%)

0.21
(0.0%)
(less than 0.1%)

-52.4%

( ) % of market total

 

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

 

 

Oct 2009

Oct 2008

End 2008

No. of H shares

 153

150

150

No. of Red chips Stocks

97

92

 93

No. of NHMPE

 242

211

 222

Market capitalisation (% of market total)

57.7%

55.1%

59.8%

Turnover value (% of equity turnover)

71.2%

70.2%

70.8%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

 

Oct 2009

% Chan ge
over 1 Month

% Chan ge
over 12 Months

S&P/HKEx LargeCap Index

25440.13

3.6%

48.3%

S&P/HKEx GEM Index

691.00

8.1%

89.6%

Hang Seng Index

21752.87

3.8%

55.7%

Hang Seng China Enterprises Index#

12769.36

7.7%

93.2%

Hang Seng China-Affiliated Corporations Index*

4018.08

3.2%

35.6%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

 

Average Daily Volume (Contracts)

Oct 2009

Sep 2009

% Change

Total Futures

148,719

159,073

-6.5%

Hang Seng Index Futures

70,958

76,101

-6.8%

Mini Hang Seng Index Futures

31,014

32,769

-5.4%

H-shares Index Futures

42,856

45,661

-6.1%

Mini H-shares Index Futures

3,125

3,770

-17.1%

Stock Futures

730

732

-0.3%

3-Month HIBOR Futures

4

6

-33.3%

1-Month HIBOR Futures

0

1

-100.0%

3 -Year Exchange Fund Note Futures

0

0

-

Gold Futures

31

32

-3.1%

Total Options

201,923

221,263

-8.7%

Hang Seng Index Options

25,039

23,571

6.2%

Mini Hang Seng Index Options

1,173

1,052

11.5%

H-shares Index Options

9,675

7,722

25.3%

Stock Options

166,036

188,918

-12.1%

Total Futures and Options

350,642

380,336

-7.8%

 

Clearing and Settlement

CCASS Statistics (securities market)

Oct 2009

Sep 2009

% Change

Average daily number of exchange trades handled by CCASS

729,174

679,567

7.30%

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

73,058

69,374

5.31%

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

527

531

-0.75%

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

99.86

99.86

N/A

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


70.10%
48.69%


71.26%
47.96%


N/A
N/A

DCASS Statistics (derivatives market)

Oct 2009

Sep 2009

% Chan ge

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

170,027

168,674

0.8%

  -   Stock Futures

4,813

4,389

9.7%

  -   Interest Rates Futures

156

189

-17.5%

  -   Gold Futures

22

30

-26.7%

  -   Equity Index Options

503,464

415,218

21.3%

  -   Stock Options

4,014,084

3,663,846

9.6%

 

Year-to-date Statistics

 

Securities Market

Oct 2009
YTD

Oct 2008
YTD

% Change

No. of newly listed companies #

44

41

7%

Average daily turnover by value ($Mil.)

61,717

77,453

-20%

Average share traded per trading day (Mil. Shares)

97,565

119,266

-18%

Average no. of trades per trading day

703,258

575,839

22%

Fund raised by IPOs ($Mil.)

107,153

65,799

63%

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

429,662

380,194

13%

Derivatives Market

Oct 2009
YTD

Oct 2008
YTD

% Chan ge

Average daily volume (contracts)

 

 

 

- Equity Index Futures

177,648

182,489

-2.7%

- Stock Futures

1,135

993

14.3%

- Interest Rates Futures

13

101

-87.1%

- Gold Futures **

24

163

-85.3%

- Equity Index Options

29,163

22,832

27.7%

- Stock Options

190,508

233,896

-18.6%

Clearing & Settlement

Oct 2009
YTD

Oct 2008
YTD

% Chan ge

Average daily number of exchange trades handled by CCASS

703,251

575,827

22.13%

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

67,914

64,199

5.79%

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

537

579

-7.25%

# Includes the number of transfers of listing from GEM to Main Board
* Provisional figures only
** Trading in Gold Futures commenced on 20 Oct 2008

 

Historical Records
up to 31 October 2009

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

2007/10/26

22,285,176,719,928

7

2007/11/07

22,202,420,942,652

8

2007/11/06

21,960,903,395,247

9

2007/10/25

21,942,008,331,692

10

2007/12/06

21,764,884,238,904

 

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, 3 02,290

2007/11/28

Hang Seng Index Futures

224,461

2008/10/28

198,789

2007/06/27

H-shares Index Futures

219,689

2008/10/28

156,841

2008/03/26

Hang Seng Index Options

85,981

2007/11/28

476,682

2007/08/29

Mini Hang Seng Index Futures

6 3 ,991

2008/01/24

11,148

2009/07/29