HKEx Monthly Market Highlights

Highlights

- Securities Market

The Hang Seng Index ended 2007 at 27812.65, representing a year-on-year increase of 39 per cent.
The Hang Seng China Enterprises Index (H-shares Index) ended 2007 at 16124.72, representing a year-on-year increase of 56 per cent.
Average daily turnover in 2007 was $88,071 million, a 160 per cent increase from that in 2006.
Average daily derivative warrant turnover in 2007 was $19,081 million, a 163 per cent increase from that in 2006.
At the end of 2007, market capitalisation was $20,698 billion, representing a year-on-year increase of 55 per cent.

- Derivatives Market

A total of 87.99 million futures and options contracts were traded in 2007, representing a year-on-year increase of 105 per cent.
Stock options volume rose 154 per cent in 2007 from that in 2006.
Hang Seng Index (HSI) futures, Mini-HSI futures and H-shares Index futures volume rose 35 per cent, 102 per cent and 122 per cent respectively in 2007 from that in 2006.

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

	Dec 2007	Dec 2006	End 2006
No. of listed companies	1,241	1,173	1,173
Total market capitalisation ($Bil.)	20,698	13,338	13,338
No. of newly listed companies	13	16	62
No. of listed securities	6,092	3,383	3,383
No. of equity warrants	33	28	28
No. of derivatives warrants	4,483	1,959	1,959
No. of CBBC	131	24	24
No. of unit trusts	26	15	15
No. of debt securities	175	180	180

Securities Market Turnover (Main Board and GEM)

	Dec 2007	Nov 2007	% Chan ge
Monthly turnover ($Mil.)	1,845,218	3,007,224	-39%
Average daily turnover by value ($Mil.)	97,117	136,692	-29%
No. of trading days	19	22	-

Turnover by Type of Securities (Main Board and GEM)

( ) % of market total

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

	Dec 2007	Dec 2006	End 2006
No. of H shares	146	141	141
No. of Red chips Stocks	93	90	90
No. of NHMPE	200	136	136
Market capitalisation (% of market total)	58.2%	50.3%	50.3%
Turnover value (% of equity turnover)	70.9%	67.1%	60.0%

NHMPE = Non-H Share Mainland Private Enterprises
* revised figures for the change of constituents of NHMPE

Index Performance
Month-end figures

	Dec 2007	% Chan ge over 1 Month	% Chan ge YTD
S&P/HKEx LargeCap Index	33708.99	-2.4%	38.3%
S&P/HKEx GEM Index	1349.64	-5.5%	10.2%
Hang Seng Index	27812.65	-2.9%	39.3%
Hang Seng China Enterprises Index#	16124.72	-6.1%	55.9%
Hang Seng China-Affiliated Corporations Index*	6111.2	-2.7%	83.5%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	Dec 2007	Nov 2007	% Change
Total Futures	142,788	179,55 3	-20.5%
Hang Seng Index Futures	70,4 3 7	84,658	-16.8%
Mini Hang Seng Index Futures	27,898	3 1,868	-12.5%
H-shares Index Futures	4 3 ,462	61,8 3 9	-29.7%
Hang Seng China H-Financials Index Futures¹	0	0	-
FTSE/Xinhua China 25 Index Future	2	1	100.0%
Stock Futures	841	1,024	-17.9%
3-Month HIBOR Futures	129	15 3	-15.7%
1-Month HIBOR Futures	11	10	10.0%
3-Year Exchange Fund Note Futures	8	0	-
Total Options	224,891	266,62 3	-15.7%
Hang Seng Index Options	14,854	25,224	-41.1%
Mini Hang Seng Index Options	20 3	222	-8.6%
H-shares Index Options	4,9 3 3	6,418	-2 3 .1%
FTSE/Xinhua China 25 Index Option	0	0	-
Stock Options	204,900	2 3 4,758	-12.7%
Total Futures and Options	3 67,678	446,175	-17.6%

¹Trading in Hang Seng China H-Financials Index Futures commenced on 16 Apr 2007 .

Clearing and Settlement

CCASS Statistics (securities market)	Dec 2007	Nov 2007	% Change
Average daily number of exchange trades handled by CCASS	609,265	779,067	-21.80%
Average daily number of settlement instructions (SIs) settled by CCASS	75,852	82,236	-7.76%
Average daily number of investor SIs (ISIs) settled by CCASS	781	1,094	-28.61%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.77	99.72	N/A
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	74.95% 47.02%	74.03% 47.20%	N/A N/A
DCASS Statistics (derivatives market)	Dec 2007	Nov 2007	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	206,756	218,77 3	-5.5%
– Stock Futures	5,954	12,1 3 3	-50.9%
– Interest Rates Futures	2,1 3 2	6,665	-68.0%
– Equity Index Options	251,1 3 8	508,127	-50.6%
– Stock Options	5, 3 14,918	7,209,126	-26. 3 %

Year-to-date Statistics

Securities Market	Dec 2007 YTD	Dec 2006 YTD	% Change
No. of newly listed companies	84	62	35%
Average daily turnover by value ($Mil.)	88,071	33,912	160%
Average share traded per trading day (Mil. Shares)	94,160	38,386	145%
Average no. of trades per trading day	616,201	259,421	138%
Fund raised by IPOs ($Mil.)	290,623	333,852	-13%
Total funds raised (including IPOs) ($Mil.)*	558,477	524,525	6%
Derivatives Market	Dec 2007 YTD	Dec 2006 YTD	% Chan ge
*Average daily volume (contracts)*
– Equity Index Futures	1 3 1,999	79,948	65.1%
– Stock Futures	1,4 3 5	41 3	247.5%
– Interest Rates Futures	1 3 2	57	1 3 2.6%
– Equity Index Options	3 7,874	19,900	90. 3 %
– Stock Options	187,686	7 3 , 3 90	155.7%
Clearing & Settlement	Dec 2007 YTD	Dec 2006 YTD	% Chan ge
Average daily number of exchange trades handled by CCASS	616,195	259,417	137.53%
Average daily number of settlement instructions (SIs) settled by CCASS	66,818	36,259	84.28%
Average daily number of investor SIs (ISIs) settled by CCASS	945	586	61.26%

* Provisional figures only

Historical Records
up to 31 December 2007

Top 10 Hang Seng Index Closes

Top 10 Daily Market Turnover
(Main Board and GEM)

Top 10 Market Capitalisation
(Main Board and GEM)

Record High for Top-5 Derivatives Market Products (Based on Contract Volume)

HKEx Monthly Market Highlights - December 2007