Turnover in Southbound trading under Shanghai-Hong Kong Stock Connect reached a record high since its launch on 17 November 2014 at HK$5,593 million. Daily quota usage for Southbound trading also broke the record: RMB2,559 million. Combined turnover of both Southbound and Northbound trading today was about RMB13,197 million.
Hong Kong’s market capitalisation reached a historic high today at about $26.64 trillion, while its cash market turnover reached a record high this year at about HK$141.7 billion.
Starting tomorrow, a new stock is eligible for Northbound trading: Sinopec Oilfield Service Corporation (1033, 600871(SH)). The total number of Eligible Stocks (both buy and sell) will be 571 while total number of Special China Connect Securities (sell only) will remain at 27. For details, please see the Circular {http://www.hkex.com.hk/eng/market/partcir/sehk/2015/Documents/CT02415B.pdf}.
Meanwhile, the China Securities Regulatory Commission announced on 27 March that it would let Mainland mutual funds invest in Hong Kong shares via Shanghai-Hong Kong Stock Connect. H-shares Index Futures gained 156 points (+1.3%) on last Friday’s AHFT session after the news was released.
The open interest of H-shares Index Futures and turnover of AHFT H-shares Index Futures reached record high last week:
26th March 2015
Record High
Previous Record
H-shares Index Futures Open Interest
348,322 contracts
335,684 contracts (24 December 2014)
27th March 2015
Record High
Previous Record
(AHFT) H-shares Index Futures Turnover
20,515 contracts
18,307 contracts (21 November 2014)
