HKEx Monthly Market Highlights

Highlights

- Securities Market

The average daily turnover for the first month of 2009 was $47,737 million, a decrease of 60 per cent when compared with $119,514 million for the same period last year.
The average daily turnover of CBBCs for the first month of 2009 was $5,851 million, an increase of 399 per cent when compared with $1,172 million for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first month of 2009 was 363,213 contracts, a decrease of 23 per cent when compared with 470,156 contracts for the same period last year.

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

	Jan 2009	Jan 2008	End 2008
No. of listed companies	1,262	1,240	1,261
Total market capitalisation ($Bil.)	9,600	17,221	10,299
No. of newly listed companies	2	1	35
No. of listed securities	5,795	6,556	5,831
No. of equity warrants	35	37	37
No. of derivatives warrants	2,926	4,928	3,011
No. of CBBC	1,365	149	1,314
No. of unit trusts	33	26	33
No. of debt securities	171	173	172

Securities Market Turnover (Main Board and GEM)

	Jan 2009	Dec 2008	% Chan ge
Monthly turnover ($Mil.)	859,267	905,448	-5%
Average daily turnover by value ($Mil.)	47,737	43,117	11%
No. of trading days	18	21	-

Turnover by Type of Securities (Main Board and GEM)

	Jan 2009 ($Mil)	Dec 2008 ($Mil)	% Chan ge
Equities	625,779.22 (72.8%)	667,224.10 (73.7%)	-6.2%
Derivative warrants	100,836.30 (11.7%)	79,103.97 (8.7%)	27.5%
CBBC	105,311.99 (12.3%)	120,496.54 (13.3%)	-12.6%
Debt securities	0.15 (0.0%) (less than 0.1%)	0.25 (0.0%) (less than 0.1%)	-38.5%

( ) % of market total

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

	Jan 2009	Jan 2008	End 2008
No. of H shares	150	146	150
No. of Red chips Stocks	93	93	93
No. of NHMPE	222	200	222
Market capitalisation (% of market total)	58.7%	56.2%	59.8%
Turnover value (% of equity turnover)	74.5%	69.7%	70.8%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Jan 2009	% Chan ge over 1 Month	% Chan ge over 12 Months
S&P/HKEx LargeCap Index	16401.30	-8.3%	-42.5%
S&P/HKEx GEM Index	362.42	-6.0%	-63.8%
Hang Seng Index	13278.21	-7.7%	-43.4%
Hang Seng China Enterprises Index#	7131.98	-9.6%	-42.9%
Hang Seng China-Affiliated Corporations Index*	2996.63	-9.0%	-41.2%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	Jan 2009	Dec 2008	% Change
Total Futures	166,278	164,009	1.4%
Hang Seng Index Futures	77,989	74, 3 11	4.9%
Mini Hang Seng Index Futures	29, 3 92	3 3 ,610	-12.5%
H-shares Index Futures	55,024	51,947	5.9%
Mini H-shares Index Futures	2,484	2,822	-12.0%
Hang Seng China H-Financials Index Futures ¹	-	0	-
FTSE/Xinhua China 25 Index Futures ²	-	0	-
Stock Futures	1, 3 19	1,170	12.7%
3-Month HIBOR Futures	3 6	104	-65.4%
1-Month HIBOR Futures	0	5	-100.0%
3 -Year Exchange Fund Note Futures	0	0	-
Gold Futures	3 3	41	-19.5%
Total Options	196,9 3 5	21 3 ,947	-8.0%
Hang Seng Index Options	15,094	14,800	2.0%
Mini Hang Seng Index Options	852	691	2 3 . 3 %
H-shares Index Options	6,404	9, 3 7 3	- 3 1.7%
FTSE/Xinhua China 25 Index Options ³	-	0	-
Stock Options	174,585	189,084	-7.7%
Total Futures and Options	3 6 3 ,21 3	3 77,956	- 3 .9%

¹ -   Trading in Hang Seng China H-Financials Index Futures suspended with effect from 24 Dec 2008
² -   Trading in FTSE/Xinhua China 25 Index Futures suspended with effect from 3 1 Dec 2008
³ -   Trading in FTSE/Xinhua China 25 Index Options suspended with effect from 24 Dec 2008

Clearing and Settlement

CCASS Statistics (securities market)	Jan 2009	Dec 2008	% Change
Average daily number of exchange trades handled by CCASS	549,914	564,622	-2.60%
Average daily number of settlement instructions (SIs) settled by CCASS	54,327	59,684	-8.98%
Average daily number of investor SIs (ISIs) settled by CCASS	436	498	-12.45%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.84	99.85	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	72.50% 45.52%	72.57% 44.62%	N/A N/A
DCASS Statistics (derivatives market)	Jan 2009	Dec 2008	% Chan ge
Month-end Open Interest (contracts)
- Equity Index Futures	17 3 ,226	172,444	0.5%
- Stock Futures	6, 3 50	9,449	- 3 2.8%
- Interest Rates Futures	2,472	2,526	-2.1%
- Gold Futures	151	1 3 2	14.4%
- Equity Index Options	175,175	1 3 7,217	27.7%
- Stock Options	4,477,590	3 ,984, 3 46	12.4%

Year-to-date Statistics

Securities Market	Jan 2009 YTD	Jan 2008 YTD	% Change
No. of newly listed companies	2	1	100%
Average daily turnover by value ($Mil.)	47,737	119,514	-60%
Average share traded per trading day (Mil. Shares)	78,694	177,656	-56%
Average no. of trades per trading day	549,921	745,856	-26%
Fund raised by IPOs ($Mil.)	313	0	-
Total funds raised (including IPOs) ($Mil.)*	6,413	25,224	-75%
Derivatives Market	Jan 2009 YTD	Jan 2008 YTD	% Chan ge
*Average daily volume (contracts)*
- Equity Index Futures	164,889	196,894	-16. 3 %
- Stock Futures	1, 3 19	748	76. 3 %
- Interest Rates Futures	3 6	176	-79.5%
- Gold Futures #	3 3	-	-
- Equity Index Options	22, 3 50	21,698	3 .0%
- Stock Options	174,585	250,6 3 9	- 3 0. 3 %
Clearing & Settlement	Jan 2009 YTD	Jan 2008 YTD	% Chan ge
Average daily number of exchange trades handled by CCASS	549,914	745,843	-26.27%
Average daily number of settlement instructions (SIs) settled by CCASS	54,327	76,222	-28.73%
Average daily number of investor SIs (ISIs) settled by CCASS	436	765	-43.01%

* Provisional figures only
# Trading in Gold Futures commenced on 20 Oct 2008

Historical Records
up to 31 January 2009

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	2007/10/03	210,505,533,155
2	2007/10/16	201,413,369,933
3	2007/10/12	195,962,197,177
4	2007/10/30	185,681,499,300
5	2007/10/11	179,409,273,541
6	2007/10/29	178,382,190,802
7	2007/10/15	174,984,449,067
8	2007/11/06	170,352,755,573
9	2007/10/18	169,121,203,305
10	2007/10/25	165,926,117,174

Top 10 Market Capitalisation
(Main Board and GEM)

Rank	Date	Market Capitalisation ($)
1	2007/10/30	23,196,977,098,941
2	2007/11/01	23,176,749,100,222
3	2007/10/29	23,070,544,404,276
4	2007/10/31	23,069,877,573,111
5	2007/11/02	22,518,847,046,433
6	2007/10/26	22,285,176,719,928
7	2007/11/07	22,202,420,942,652
8	2007/11/06	21,960,903,395,247
9	2007/10/25	21,942,008,331,692
10	2007/12/06	21,764,884,238,904

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

Product	Record High Daily Volume		Record High Open Interest
	Contracts	Date	Contracts	Date
Stock Options	805,947	2008/03/27	8, 3 02,290	2007/11/28
Hang Seng Index Futures	224,461	2008/10/28	198,789	2007/06/27
H-shares Index Futures	219,689	2008/10/28	156,841	2008/03/26
Hang Seng Index Options	85,981	2007/11/28	476,682	2007/08/29
Mini Hang Seng Index Futures	6 3 ,991	2008/01/24	10,673	2008/10/29

FTSE Mondo Visione Exchanges Index: 99,793.47 +190.95

HKEx Monthly Market Highlights - January 2009