HKEx Monthly Market Highlights

Highlights

- Securities Market

On 25 February 2008, the securities market turnover was $63.4 billion, the lowest turnover for the year. However, the average daily turnover for the first two months of 2008 reached $103.0 billion, compared with $54.5 billion in the first two months of last year.

- Derivatives Market

On 26 February 2008 , the daily turnover for Hang Seng Index Futures reached a record high of 204,878 contracts.

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

	Feb 2008	Feb 2007	End 2007
No. of listed companies	1,242	1,176	1,241
Total market capitalisation ($Bil.)	18,206	13,224	20,698
No. of newly listed companies	3	7	84
No. of listed securities	6,583	3,752	6,092
No. of equity warrants	40	27	33
No. of derivatives warrants	4,907	2,307	4,483
No. of CBBC	191	44	131
No. of unit trusts	26	15	26
No. of debt securities	174	179	175

Securities Market Turnover (Main Board and GEM)

	Feb 2008	Jan 2008	% Change
Monthly turnover ($Mil.)	1,593,385	2,629,311	-39%
Average daily turnover by value ($Mil.)	83,862	119,514	-30%
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

	Feb 2008	Feb 2007	End 2007
No. of H shares	146	141	146
No. of Red chips Stocks	93	89	93
No. of NHMPE	200	138	200
Market capitalisation (% of market total)	58.1%	49.2%	58.2%
Turnover value (% of equity turnover)	69.8%	63.1%	69.3%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Feb 2008	% Change over 1 Month	% Change over 12 Months
S&P/HKEx LargeCap Index	29706.60	4.2%	28.8%
S&P/HKEx GEM Index	1060.56	6%	-20.1%
Hang Seng Index	24331.67	3.7%	23.8%
Hang Seng China Enterprises Index#	13931.88	11.6%	50.1%
Hang Seng China-Affiliated Corporations Index*	5484.34	7.7%	63.4%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	Feb 2008	Jan 2008	% Change
Total Futures	168,802	197,817	-14.7%
Hang Seng Index Futures	83,346	95,027	-12.3%
Mini Hang Seng Index Futures	27,812	39,339	-29.3%
H-shares Index Futures	57,184	62,527	-8.5%
Hang Seng China H-Financials Index Futures	0	0	-
FTSE/Xinhua China 25 Index Future	0	1	-100.0%
Stock Futures	376	748	-49.7%
3-Month HIBOR Futures	80	170	-52.9%
1-Month HIBOR Futures	4	5	-20.0%
3-Year Exchange Fund Note Futures	0	0	-
Total Options	256,538	272,337	-5.8%
Hang Seng Index Options	13,684	16,451	-16.8%
Mini Hang Seng Index Options	288	354	-18.6%
H-shares Index Options	4,844	4,882	-0.8%
FTSE/Xinhua China 25 Index Option	3	10	-70.0%
Stock Options	237,718	250,639	-5.2%
Total Futures and Options	425,339	470,153	-9.5%

Clearing and Settlement

CCASS Statistics (securities market)	Feb 2008	Jan 2008	% Change
Average daily number of exchange trades handled by CCASS	550,992	745,843	-26.12%
Average daily number of settlement instructions (SIs) settled by CCASS	67,007	76,222	-12.09%
Average daily number of investor SIs (ISIs) settled by CCASS	486	765	-36.47%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.88	99.78	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	76.43% 46.33%	76.05% 46.41%	N/A N/A
DCASS Statistics (derivatives market)	Feb 2008	Jan 2008	% Change
Month-end Open Interest (contracts)
- Equity Index Futures	228,315	227,653	0.3%
- Stock Futures	5,094	5,128	-0.7%
- Interest Rates Futures	2,772	2,508	10.5%
- Equity Index Options	283,918	276,667	2.6%
- Stock Options	6,716,561	6,222,834	7.9%

Year-to-date Statistics

Securities Market	Feb 2008 YTD	Feb 2007 YTD	% Change
No. of newly listed companies	4	8	-50%
Average daily turnover by value ($Mil.)	102,993	54,513	89%
Average share traded per trading day (Mil. Shares)	158,883	59,612	167%
Average no. of trades per trading day	655,557	438,770	49%
Fund raised by IPOs ($Mil.)	102	8,300	-99%
Total funds raised (including IPOs) ($Mil.)*	25,360	28,525	-11%
Derivatives Market	Feb 2008 YTD	Feb 2007 YTD	% Change
*Average daily volume (contracts)*
- Equity Index Futures	183,852	106,023	73.4%
- Stock Futures	578	1,643	-64.8%
- Interest Rates Futures	134	163	-17.8%
- Equity Index Options	20,384	34,695	-41.2%
- Stock Options	244,737	114,909	113.0%
Clearing & Settlement	Feb 2008 YTD	Feb 2007 YTD	% Change
Average daily number of exchange trades handled by CCASS	655,546	438,764	49.41%
Average daily number of settlement instructions (SIs) settled by CCASS	72,075	49,490	45.64%
Average daily number of investor SIs (ISIs) settled by CCASS	640	797	-19.70%

* Provisional figures only

Historical Records
up to 29 February 2008

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 - February 2008