HKEx Monthly Market Highlights

Highlights

- Securities Market

The securities market turnover for July reached a single-month record high of $1,905,011 million while average daily turnover of $90,715 million was also the highest in history.
On 10 July 2007, the derivative warrants turnover reached a record high of $23,410 million.
On 13 July 2007, the securities market capitalisation reached $17,070 billion, exceeding $17 trillion for the first time. It reached an all-time closing high of $17,657 billion on 24 July 2007.
On 24 July 2007, the Hang Seng Index reached a record closing high of 23472.88.
On 24 July 2007, the Hang Seng China Enterprises Index (H-shares Index) reached a record closing high of 13480.72.

- Derivatives Market

Total trading volume, which comprises all futures and options trading volume, reached a single-month record high of 8,280,670 contracts in July 2007.
On 27 July 2007, the daily turnover for all futures and options reached a record high of 711,882 contracts while the total open interest for all futures and options reached a record high of 6,597,315 contracts.

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

	Jul 2007	Jul 2006	End 2006
No. of listed companies	1,206	1,151	1,173
Total market capitalisation ($Bil.)	17,441	10,114	13,338
No. of newly listed companies	14	5	62
No. of listed securities	4,260	2,893	3,383
No. of equity warrants	27	31	28
No. of derivatives warrants	2,780	1,508	1,959
No. of CBBC	42	18	24
No. of unit trusts	26	13	15
No. of debt securities	175	169	180

Securities Market Turnover (Main Board and GEM)

	Jul 2007	Jun 2007	% Change
Monthly turnover ($Mil.)	1,905,011	1,558,959	22%
Average daily turnover by value ($Mil.)	90,715	77,948	16%
No. of trading days	21	20	-

Turnover by Type of Securities (Main Board and GEM)

	Jul 2007($Mil)	Jun 2007($Mil)	% Change
Equities	1,499,825.78 (78.7%)	1,228,620.21 (78.8%)	22.1%
Derivative warrants	376,940.19 (19.8%)	312,097.74 (20.0%)	20.8%
CBBC	2,998.59 (0.2%)	2,145.58 (0.1%)	39.8%
Debt securities	0.69 (0.0%) (less than 0.1%)	0.30 (0.0%) (less than 0.1%)	133.2%

( ) % of market total

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

	Jul 2007	Jul 2006	End 2006
No. of H shares	143	130	141
No. of Red chips Stocks	88	90	90
No. of NHMPE	151	130	136
Market capitalisation (% of market total)	53.9%	43.7%	50.3%
Turnover value (% of equity turnover)	65.0%	59.1%	60.0%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Jul 2007	% Change over 1 Month	% Change YTD
S&P/HKEx LargeCap Index	27815.21	6.5%	41.0%
S&P/HKEx GEM Index	1792.72	9.9%	60.3%
Hang Seng Index	23184.94	6.5%	36.6%
Hang Seng China Enterprises Index#	13363.96	11.4%	95.7%
Hang Seng China-Affiliated Corporations Index*	4482.99	8.5%	80.9%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts) #
	Jul 2007	Jun 2007	% Change
Total Futures	121,697	121,392	0.3%
Hang Seng Index Futures	64,153	66,325	-3.3%
Mini Hang Seng Index Futures	10,842	11,125	-2.5%
H-shares Index Futures	45,517	43,155	5.5%
Hang Seng China H-Financials Index Futures¹	9	16	-43.8%
FTSE/Xinhua China 25 Index Future	7	6	16.7%
Stock Futures	1,096	662	65.6%
3-Month HIBOR Futures	73	102	-28.4%
1-Month HIBOR Futures	0	1	-100.0%
3-Year Exchange Fund Note Futures	0	0	-
Total Options	272,621	228,469	19.3%
Hang Seng Index Options	41,410	37,983	9.0%
Mini Hang Seng Index Options	161	191	-15.7%
H-shares Index Options	7,748	8,346	-7.2%
FTSE/Xinhua China 25 Index Option	3	3	0.0%
Stock Options	223,300	181,947	22.7%
Total Futures and Options	394,319	349,862	12.7%

# Total average daily volume is the sum of the respective average daily volume of the individual products.
¹Trading in Hang Seng China H-Financials Index Futures commenced on 16 Apr 2007 .

Clearing and Settlement

CCASS Statistics (securities market)	Jul 2007	Jun 2007	% Change
Average daily number of exchange trades handled by CCASS	694,250	621,636	11.68%
Average daily number of settlement instructions (SIs) settled by CCASS	71,508	66,412	7.67%
Average daily number of investor SIs (ISIs) settled by CCASS	1,092	949	15.07%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.63	99.69	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	66.17% 43.32%	65.62% 42.40%	N/A N/A
DCASS Statistics (derivatives market)	Jul 2007	Jun 2007	% Change
Month-end Open Interest (contracts)
- Equity Index Futures	218,903	218,751	0.1%
- Stock Futures	6,419	5,377	19.4%
- Interest Rates Futures	10,222	9,547	7.1%
- Equity Index Options	477,077	385,788	23.7%
- Stock Options	4,780,770	3,571,810	33.8%

Year-to-date Statistics

Securities Market	Jul 2007 YTD	Jul 2006 YTD	% Change
No. of newly listed companies	46	31	48%
Average daily turnover by value ($Mil.)	63,903	31,212	105%
Average share traded per trading day (Mil. Shares)	72,627	34,239	112%
Average no. of trades per trading day	520,938	237,315	120%
Fund raised by IPOs ($Mil.)	135,090	113,426	19%
Total funds raised (including IPOs) ($Mil.)*	233,307	209,262	11%
Derivatives Market	Jul 2007 YTD	Jul 2006 YTD	% Change
*Average daily volume (contracts)*
- Equity Index Futures	108,563	77,911	39.3%
- Stock Futures	1,573	277	467.9%
- Interest Rates Futures	141	65	116.9%
- Equity Index Options	39,317	18,630	111.0%
- Stock Options	144,684	62,778	130.5%
Clearing & Settlement	Jul 2007 YTD	Jul 2006 YTD	% Change
Average daily number of exchange trades handled by CCASS	520,934	237,310	119.52%
Average daily number of settlement instructions (SIs) settled by CCASS	57,399	34,832	64.79%
Average daily number of investor SIs (ISIs) settled by CCASS	882	517	70.60%

* Provisional figures only

Historical Records
up to 31 July 2007

Top 10 Hang Seng Index Closes

Rank	Date	Close
1	2007/07/24	23472.88
2	2007/07/23	23365.56
3	2007/07/25	23362.18
4	2007/07/20	23291.90
5	2007/07/26	23211.69
6	2007/07/31	23184.94
7	2007/07/13	23099.29
8	2007/07/17	23057.30
9	2007/07/19	23016.20
10	2007/07/16	22953.94

Top 10 Daily Market Turnover
(Main Board and GEM)

Rank	Date	Turnover ($)
1	2007/06/20	122,261,839,189
2	2007/07/27	113,504,331,609
3	2007/07/10	110,660,407,310
4	2007/07/26	104,031,235,572
5	2007/07/09	103,955,927,295
6	2007/07/11	102,540,401,330
7	2007/07/25	101,715,178,566
8	2007/06/18	100,961,541,066
9	2007/07/24	97,694,858,621
10	2007/06/22	96,664,234,511

Top 10 Market Capitalisation
(Main Board and GEM)

Rank	Date	Market Capitalisation($)
1	2007/07/24	17,656,901,303,752
2	2007/07/25	17,596,047,831,493
3	2007/07/23	17,529,847,843,721
4	2007/07/26	17,482,398,012,822
5	2007/07/31	17,440,932,291,319
6	2007/07/20	17,398,648,799,348
7	2007/07/17	17,163,006,233,398
8	2007/07/19	17,131,422,949,032
9	2007/07/30	17,075,322,502,011
10	2007/07/13	17,069,914,181,914

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	414,243	2007/03/29	5,630,914	2007/07/27
Hang Seng Index Futures	191,025	2006/09/26	198,789	2007/06/27
H-shares Index Futures	126,686	2007/06/27	138,875	2007/06/27
Hang Seng Index Options	77,739	2007/07/27	457,817	2007/07/27
H-shares Index Options	33,126	2007/03/06	202,970	2007/06/27

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - July 2007