HKEX Monthly Market Highlights

HIGHLIGHTS

- Securities Market

The average daily turnover for the first six months of 2018 was $126.6 billion, an increase of 67 per cent when compared with $76.0 billion for the same period last year.
The average daily turnover of derivative warrants for the first six months of 2018 was $18.3 billion, an increase of 76 per cent when compared with $10.4 billion for the same period last year.
The average daily turnover of CBBCs for the first six months of 2018 was $7.8 billion, an increase of 86 per cent when compared with $4.2 billion for the same period last year.
Total funds raised for the first six months of 2018 was $189.8 billion, an increase of 9 per cent when compared with $174.3 billion for the same period last year.
There were 108* newly listed companies for the first six months of 2018, an increase of 50 per cent when compared with 72* for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first six months of 2018 was 1,233,398 contracts, an increase of 58 per cent when compared with the 779,515 contracts for the same period last year.
The average daily turnover of equity index futures for the first six months of 2018 was 488,726 contacts, an increase of 67 per cent when compared with the 292,230 contacts for the same period last year.
The average daily turnover of RMB Currency Futures for the first six months of 2018 was 5,881 contracts, an increase of 96 per cent when compared with the 3,004 contracts for the same period last year.
On 26 June 2018, the turnover of Hang Seng Index Futures reached a record high of 421,806 contracts.
On 27 June 2018, the open interest of Hang Seng China Enterprises Index Options reached a record high of 3,617,287 contracts.

* Includes any transfers of listing from GEM to Main Board

LISTED SECURITIES (MAIN BOARD AND GEM)

Month-end figures

	Jun 2018	Jun 2017	End 2017
No. of listed companies	2,215	2,034	2,118
Total market capitalisation ($Bil.)	33,104.0	28,680.5	33,998.8
No. of newly listed companies *	15	12	174
No. of listed securities	13,337	10,219	12,803
No. of equity warrants	2	9	8
No. of derivatives warrants	7,189	4,360	6,094
No. of CBBCs	2,650	2,667	3,374
No. of unit trusts	147	168	145
No. of debt securities	1,117	970	1,047

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

SECURITIES MARKET TURNOVER (MAIN BOARD AND GEM)

	Jun 2018	May 2018	% Change
Monthly turnover ($Mil.) *	2,156,390	2,195,588	-1.8%
Average daily turnover by value ($Mil.) *	107,820	104,552	3.1%
No. of trading days	20	21	-

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

TURNOVER BY TYPE OF SECURITIES (MAIN BOARD AND GEM)

	Jun 2018 ($Mil)	May 2018 ($Mil)	% Change
Equities	1,709,932.20 (79.3%)	1,712,144.59 (78.0%)	-0.1%
Derivative warrants	213,481.63 (9.9%)	282,122.90 (12.8%)	-24.3%
CBBCs	116,195.36 (5.4%)	102,828.60 (4.7%)	13.0%
Unit Trusts (include ETFs)	113,327.45 (5.3%)	94,827.94 (4.3%)	19.5%

( ) % 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 June 2018 was $29,429 million (1.4% of the securities market total turnover).

MAINLAND ENTERPRISES (MAIN BOARD AND GEM)

Month-end figures

	Jun 2018	Jun 2017	End 2017
No. of H shares	256	246	252
No. of Red chips Stocks	164	158	159
No. of Mainland private enterprises	665	617	640
Market capitalisation (% of market total)	67.0%	64.0%	66.2%
Turnover value (% of equity turnover)	80.3%	74.6%	76.1%

INDEX PERFORMANCE

Month-end figures

	Jun 2018	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	37535.52	-4.7%	13.8%
S&P/HKEX GEM Index	236.08	-6.8%	-16.8%
Hang Seng Index	28955.11	-5.0%	12.4%
Hang Seng China Enterprises Index	11073.00	-7.6%	6.8%
Hang Seng China-Affiliated Corporations Index*	4376.51	-5.0%	9.3%
CES China 120 Index ^	6328.16	-4.5%	8.5%
CESChina HK Mainland Index +	7947.32	-5.9%	21.1%

* - 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)
	Jun 2018	May 2018	% Change
Total Futures	514,562	456,189	12.8%
Hang Seng Index Futures	243,591	223,609	8.9%
Mini Hang Seng Index Futures	86,197	80,468	7.1%
Hang Seng China Enterprises Index Futures	151,839	126,472	20.1%
Mini-Hang Seng China Enterprises Index Futures	19,110	16,188	18.1%
HSI Dividend Point Index Futures	25	62	-59.7%
HSCEI Dividend Point Index Futures	1,228	548	124.1%
HSI Volatility Index Futures	0	0	-
MSCI AC Asia ex Japan NTR Index Futures *	1	0	-
CES China 120 Index Futures	1	1	0.0%
CES Gaming Top 10 Index Futures	0	0	-
Hang Seng Mainland Oil & Gas Index Futures	284	86	230.2%
Hang Seng Mainland Banks Index Futures	73	98	-25.5%
Hang Seng Mainland Healthcare Index Futures	1	0	-
Hang Seng Mainland Properties Index Futures	154	102	51.0%
Hang Seng IT Hardware Index Futures	0	0	-
Hang Seng Software & Services Index Futures	0	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	3,074	1,610	90.9%
3-Month HIBOR Futures	13	1	1200.0%
1-Month HIBOR Futures	3	1	200.0%
RMB Currency Futures - USD/CNH Futures	8,097	5,812	39.3%
RMB Currency Futures - EUR/CNH Futures	20	5	300.0%
RMB Currency Futures - JPY/CNH Futures	9	3	200.0%
RMB Currency Futures - AUD/CNH Futures	3	5	-40.0%
RMB Currency Futures - CNH/USD Futures	36	11	227.3%
USD Gold Futures	776	898	-13.6%
CNH Gold Futures	19	170	-88.8%
Iron Ore Futures – Monthly Contracts	4	36	-88.9%
Iron Ore Futures – Quarterly Contracts	0	0	-
London Aluminium Mini Futures	0	2	-100.0%
London Zinc Mini Futures	1	1	0.0%
London Copper Mini Futures	0	0	-
London Lead Mini Futures	0	0	-
London Nickel Mini Futures	0	0	-
London Tin Mini Futures	0	0	-
Total Options	657,083	565,164	16.3%
Hang Seng Index Options	49,099	40,622	20.9%
Mini Hang Seng Index Options	9,242	7,350	25.7%
Flexible Hang Seng Index Options	0	0	-
Hang Seng China Enterprises Index Options	109,403	75,221	45.4%
Mini-Hang Seng China Enterprises Index Options	2,474	1,571	57.5%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Stock Options	486,767	440,383	10.5%
RMB Currency Futures - USD/CNH Options	97	17	470.6%
Total Futures and Options	1,171,646	1,021,353	14.7%

* Trading in MSCI AC Asia ex Japan NTR Index Futures commenced on 11 Jun 2018

CLEARING AND SETTLEMENT

CCASS Statistics (securities market)	Jun 2018	May 2018	% Change
Average daily number of exchange trades settled by CCASS	1,654,220	1,604,275	3.11%
Average daily number of settlement instructions (SIs) settled by CCASS	111,885	97,881	14.31%
Average daily number of investor SIs (ISIs) settled by CCASS	309	298	3.69%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.92	99.86	N/A
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	76.69 59.56	76.36 60.12	N/A N/A
DCASS Statistics (derivatives market)	Jun 2018	May 2018	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	612,543	523,489	17.0%
– Stock Futures	16,417	12,643	29.9%
– Interest Rates Futures	456	386	18.1%
– RMB Currency Futures	28,161	29,850	-5.7%
– Gold Futures	208	219	-5.0%
– Iron Ore Futures	54	98	-44.9%
– London Metal Mini Futures	7	3	133.3%
– Equity Index Options	3,157,183	3,539,209	-10.8%
– Stock Options	9,255,436	10,409,295	-11.1%
– RMB Currency Options	3,973	3,683	7.9%

YEAR-TO-DATE STATISTICS

Securities Market	Jun 2018 YTD	Jun 2017 YTD	% Change
No. of newly listed companies #	108	72	50.0%
Average daily turnover by value ($Mil.) ^	126,618	76,032	66.5%
Average share traded per trading day (Mil. Shares)	228,337	179,849	27.0%
Average no. of trades per trading day	1,729,333	1,138,553	51.9%
Fund raised by IPOs ($Mil.)	50,409	54,834	-8.1%
Total funds raised (including IPOs) ($Mil.)*	189,844	174,349	8.9%
Derivatives Market	Jun 2018 YTD	Jun 2017 YTD	% Change
Average daily volume (contracts)
– Equity Index Futures	488,726	292,230	67.2%
– Stock Futures	1,544	586	163.5%
– 5-Year MOF T-Bond Futures	-	121	-
– Interest Rates Futures	4	0	-
– RMB Currency Futures	5,881	3,004	95.8%
– Gold Futures	1,460	0	-
– Iron Ore Futures	33	0	-
– London Metal Mini Futures	11	10	10.0%
– Equity Index Options	161,452	128,628	25.5%
– Stock Options	574,249	354,969	61.8%
– RMB Currency Options	39	55	-29.1%
Clearing & Settlement	Jun 2018 YTD	Jun 2017 YTD	% Change
Average daily number of exchange trades handled by CCASS	1,728,700	1,137,956	51.91%
Average daily number of settlement instructions (SIs) settled by CCASS	109,074	87,628	24.47%
Average daily number of investor SIs (ISIs) settled by CCASS	372	307	21.17%

# 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 June 2018

Top 10 Hang Seng Index Closes

Rank	Date	Close
1	2018/01/26	33154.12
2	2018/01/29	32966.89
3	2018/01/24	32958.69
4	2018/01/23	32930.70
5	2018/01/31	32887.27
6	2018/01/25	32654.45
7	2018/02/01	32642.09
8	2018/01/30	32607.29
9	2018/02/02	32601.78
10	2018/01/22	32393.41

Top 10 Daily Market Turnover

(Main Board and GEM)

Rank	Date	Turnover ($)
1	2015/04/09	293,910,756,648
2	2018/03/23	284,101,947,853
3	2015/04/13	266,098,632,854
4	2018/02/06	258,799,618,543
5	2015/04/08	252,396,050,844
6	2015/04/14	239,903,336,931
7	2015/07/08	237,429,139,110
8	2015/04/10	222,888,834,174
9	2018/02/09	219,595,292,569
10	2018/02/07	218,890,883,115

Top 10 Market Capitalisation

(Main Board and GEM)

Rank	Date	Market Capitalisation ($)
1	2018/01/26	37,715,721,713,817
2	2018/01/29	37,498,267,978,409
3	2018/01/24	37,458,993,282,123
4	2018/01/23	37,434,956,503,062
5	2018/01/31	37,196,824,130,391
6	2018/01/25	37,171,558,627,632
7	2018/01/30	37,034,857,609,118
8	2018/02/02	36,948,839,611,393
9	2018/02/01	36,943,877,577,778
10	2018/01/22	36,925,559,142,548

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	13,725,731	2018/03/27
Hang Seng China Enterprises Index Futures	467,559	2015/08/26	519,817	2015/12/29
Hang Seng Index Futures	421,806	2018/06/26	206,082	2017/06/27
Hang Seng China Enterprises Index Options	232,994	2018/02/09	3,617,287	2018/06/27
Mini Hang Seng Index Futures	215,927	2018/02/07	21,682	2011/06/17
Hang Seng Index Options	130,998	2018/01/23	594,941	2017/11/28
Mini-Hang Seng China Enterprises Index Futures	76,471	2018/02/06	16,436	2014/12/11
Stock Futures	27,966	2007/03/28	47,050	2013/03/27
HSCEI Dividend Point Index Futures	27,501	2017/02/14	184,626	2016/12/13
RMB Currency Futures - USD/CNH Futures	20,338	2017/01/05	46,711	2017/01/04