Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 100,700.27 +300.38

HKEx Monthly Market Highlights - October 2015

Date 05/11/2015

Highlights

- Securities Market

  • The average daily turnover for the first 10 months of 2015 was $113.5 billion, an increase of 72 per cent when compared with $65.8 billion for the same period last year.
  • The average daily turnover of ETFs for the first 10 months of 2015 was $9.6 billion, an increase of 167 per cent when compared with $3.6 billion for the same period last year.
  • The average daily turnover of derivative warrants for the first 10 months of 2015 was $19.6 billion, an increase of 145 per cent when compared with $8.0 billion for the same period last year.
  • The average daily turnover of CBBCs for the first 10 months of 2015 was $7.5 billion, an increase of 56 per cent when compared with $4.8 billion for the same period last year.
  • Funds raised through IPOs for the first 10 months of 2015 was $196.6 billion, an increase of 42 per cent when compared with $138.6 billion for the same period last year.
  • Total funds raised for the first 10 months of 2015 was $920.4 billion, an increase of 32 per cent when compared with $696.0 billion for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first 10 months of 2015 was 796,608 contracts, an increase of 48 per cent when compared with the 538,658 contracts for the same period last year.
  • The average daily turnover of stock options for the first 10 months of 2015 was 404,294 contracts, an increase of 47 per cent when compared with the 275,703 contracts for the same period last year.
  • The average daily turnover of equity index futures for the first 10 months of 2015 was 290,355 contacts, an increase of 51 per cent when compared with the 192,732 contacts for the same period last year.
  • The average daily turnover of equity index options for the first 10 months of 2015 was 97,618 contacts, an increase of 44 per cent when compared with the 67,782 contacts for the same period last year.

 

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

 

Oct 2015

Oct 2014

End 2014

No. of listed companies

 1,830

1,729

 1,752

Total market capitalisation ($Bil.)

25,081.3

25,318.6

25,071.8

No. of newly listed companies *

16

10

122

No. of listed securities

10,075

9,056

9,060

No. of equity warrants

13

8

10

No. of derivatives warrants

5,410

4,662

4,938

No. of CBBCs

1,935

1,931

1,579

No. of unit trusts

145

133

134

No. of debt securities

734

589

640

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

  

Securities Market Turnover (Main Board and GEM)

 

Oct 2015

Sep 2015

% Change

Monthly turnover ($Mil.) *

1,592,211

1,642,300

-3.0%

Average daily turnover by value ($Mil.) *

79,611

82,115

-3.0%

No. of trading days

20

20

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Oct 2015
($Mil)

Sep 2015
($Mil)

% Change

Equities

1,029,851.82
(64.7%)

1,050,527.05
(64.0%)

-2.0%

Derivative warrants

285,783.58
(17.9%)

306,461.96
(18.7%)

-6.7%

CBBCs

190,755.27
(12.0%)

167,545.32
(10.2%)

13.9%

Unit Trusts
(include ETFs)

85,201.52
(5.4%)

116,959.69
(7.1%)

-27.2%

( ) % 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 October 2015 was $22,008 million (1.4 % of the securities market total turnover).

 

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

 

Oct 2015

Oct 2014

End 2014

No. of H shares

 217

196

202

No. of Red chips Stocks

145

 132

133

No. of Mainland private enterprises

 565

531

541

Market capitalisation (% of market total)

62.2%

58.9%

60.1%

Turnover value (% of equity turnover)

71.8%

68.0%

70.7%

 

Index Performance
Month-end figures

 

Oct 2015

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

27.808.14

8.8%

-4.7%

S&P/HKEx GEM Index

490.54

6.3%

-7.2%

Hang Seng Index

22640.04

8.6%

-5.7%

Hang Seng China Enterprises Index#

10396.58

10.5%

-3.3%

Hang Seng China-Affiliated Corporations Index*

4146.37

6.3%

-8.5%

CES China 120 Index ^

4897.19

8.1%

19.2%

CES China HK Mainland Index +

5657.42

9.2%

-2.1%

# - tracks H shares
* - tracks Red chips
^ - tracks 80 Mainland-listed companies and 40 Hong Kong-listed Mainland enterprises
+ - tracks 40 Hong Kong-listed Mainland enterprises

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Oct 2015

Sep 2015

% Change

Total Futures

302,248

324,424

-6.8%

Hang Seng Index Futures

105,336

91,237

15.5%

Mini Hang Seng Index Futures

44,566

52,087

-14.4%

H-shares Index Futures

125,894

144,370

-12.8%

Mini H-shares Index Futures

23,101

31,296

-26.2%

HSI Dividend Point Index Futures

40

38

5.3%

HSCEI Dividend Point Index Futures

592

1,753

-66.2%

HSI Volatility Index Futures

1

0

-

CES China 120 Index Futures

8

16

-50.0%

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

1,645

2,007

-18.0%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures *

-

0

-

RMB Currency Futures - USD/CNH Futures 

784

1,448

-45.9%

London Aluminium Mini Futures

105

34

208.8%

London Zinc Mini Futures

108

48

125.0%

London Copper Mini Futures

67

91

-26.4%

Total Options

352,354

459,496

-23.3%

Hang Seng Index Options

23,734

29,289

-19.0%

Mini Hang Seng Index Options

3,316

4,095

-19.0%

Flexible Hang Seng Index Options

0

40

-100.0%

H-shares Index Options

64,885

95,755

-32.2%

Flexible H-shares Index Options

36

20

80.0%

Stock Options

260,383

330,297

-21.2%

Total Futures and Options

654,602

783,920

-16.5%

* Trading in 3-Year Exchange Fund Note Futures suspended with effect from 14 Sep 2015

 

Clearing and Settlement

CCASS Statistics (securities market)

Oct 2015

Sep 2015

% Change

Average daily number of exchange trades handled by CCASS

1,216,843

1,277,636

-4.76%

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

94,529

92,304

2.41%

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

291

288

1.04%

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

99.88

99.95

N/A

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


73.72
56.26


74.44
56.13


N/A
N/A

DCASS Statistics (derivatives market)

Oct 2015

Sep 2015

% Change

Month-end Open Interest (contracts)

 

 

 

–  Equity Index Futures

551,147

548,207

0.5%

–  Stock Futures

18,298

17,768

3.0%

–  Interest Rates Futures

0

3

-100.0%

–  RMB Currency Futures

14,691

15,645

-6.1%

–  London Metal Mini Futures

336

319

5.3%

–  Equity Index Options

2,598,957

2,461,836

5.6%

–  Stock Options

6,769,483

6,679,004

1.4%

 

 Year-to-date Statistics

Securities Market

Oct 2015
YTD

Oct 2014
YTD

% Change

No. of newly listed companies #

100

99

1.0%

Average daily turnover by value ($Mil.) ^

113,498

65,797

72.5%

Average share traded per trading day (Mil. Shares)

220,896

134,988

63.6%

Average no. of trades per trading day

1,517,313

1,032,142

47.0%

Fund raised by IPOs ($Mil.)

196,580

138,555

41.9%

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

920,432

695,984

32.2%

Derivatives Market

Oct 2015
YTD

Oct 2014
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

290,355

192,732

50.7%

– Stock Futures

3,165

1,649

91.9%

– Interest Rates Futures

0

0

-

– RMB Currency Futures

956

792

20.7%

– Gold Futures ~

-

0

-

– London Metal Mini Futures +

219

-

-

– Equity Index Options

97,618

67,782

44.0%

– Stock Options

404,294

275,703

46.6%

Clearing & Settlement

Oct 2015
YTD

Oct 2014
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,468,672

1,031,462

42.39%

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

103,567

87,294

18.64%

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

480

384

25.00%

# 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
~ Trading in Gold Futures suspended with effect from 27 May 2015
+ Trading in London Metal Mini Futures commenced on 01 Dec 2014

 

Historical Records
up to 31 October 2015

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

2015/04/09

293,910,756,648

2

2015/04/13

266,098,632,854

3

2015/04/08

252,396,050,844

4

2015/04/14

239,903,336,931

5

2015/07/08

237,429,139,110

6

2015/04/10

222,888,834,174

7

2015/04/15

218,018,391,899

8

2015/04/17

215,953,404,099

9

2015/07/06

214,812,393,078

10

2015/07/09

213,825,663,405

 

Top 10 Market Capitalisation
(Main Board and GEM)

Rank

Date

Market Capitalisation ($)

1

2015/05/26

31,549,926,214,937

2

2015/05/27

31,365,605,931,773

3

2015/05/04

31,230,244,838,810

4

2015/04/27

31,207,701,541,939

5

2015/04/28

31,201,357,832,733

6

2015/04/29

31,147,874,933,908

7

2015/05/22

31,110,175,634,968

8

2015/05/19

31,108,059,908,400

9

2015/06/01

31,107,316,498,262

10

2015/04/30

30,995,152,430,547

 

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

1,221,324

2015/04/13

11,159,128

2015/05/27

H-shares Index Futures

467,559

2015/08/26

467,083

2015/09/25

Hang Seng Index Futures

271,426

2013/06/25

198,789

2007/06/27

H-shares Index Options

188,957

2015/09/04

2,618,350

2015/09/25

Hang Seng Index Options

116,835

2011/08/05

560,087

2012/06/27

Mini Hang Seng Index Futures

94,001

2015/08/25

21,682

2011/06/17

Mini H-shares Index Futures

74,511

2015/07/08

16,436

2014/12/11

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 Hang Seng Index Options

13,917

2012/05/18

32,651

2012/05/29