Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - July 2010

Date 05/08/2010

Highlights

- Securities Market

  • A total of $148,498 million was raised by initial public offerings, or IPOs, for the first seven months of 2010, an increase of 440 per cent when compared with $27,516 million for the same period last year.
  • There were 42 newly listed companies in the first seven months of 2010, an increase of 83 per cent when compared with 23 in the same period last year.
  • The average daily turnover for the first seven months of 2010 was $62,318 million, an increase of 4 per cent when compared with $60,003 million for the same period last year.

 
- Derivatives Market

  • The average daily turnover of futures and options for the first seven months of 2010 was 430,028 contracts, an increase of 5 per cent when compared with 410,701 contracts for the same period last year.
  • The average daily turnover of equity index options for the first seven months of 2010 was 43,116 contracts, an increase of 54 per cent when compared with 28,000 contracts for the same period last year.

 

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

 

Jul 2010

Jul 2009

End 2009

No. of listed companies

 1,352

 1,278

 1,319

Total market capitalisation ($Bil.)

18,161

15,903

17,874

No. of newly listed companies *

12

5

73

No. of listed securities

6,594

6,027

6,616

No. of equity warrants

25

29

 26

No. of derivatives warrants

4,023

2,855

3,367

No. of CBBC

960

1,654

1,692

No. of unit trusts

75

44

52

No. of debt securities

156

164

157

 * Includes the number of transfers of listing from GEM to Main Board

 

  

Securities Market Turnover (Main Board and GEM) 

 

Jul 2010

Jun 2010

% Change

Monthly turnover ($Mil.)

1,125,344

1,102,849

2%

Average daily turnover by value ($Mil.)

53,588

52,517

2%

No. of trading days

21

21

-

 

 

Turnover by Type of Securities (Main Board and GEM) 

 

Jul 2010
($Mil)

Jun 2010
($Mil)

% Change

Equities

759,175.47
(67.5%)

770,355.50
(69.9%)

-1.5%

Derivative warrants

195,865.37
(17.4%)

179,568.34
(16.3%)

9.1%

CBBC

119,088.53
(10.6%)

111,197.73
(10.1%)

7.1%

Debt securities

0.00
(0.0%)

0. 51  
(0.0%)
(less than 0.1%)

-

( ) % of market total

 

 

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

 

Jul 2010

Jul 2009

End 2009

No. of H shares

 157

151

156

No. of Red chips Stocks

98

96

 97

No. of NHMPE

 292

231

 271

Market capitalisation (% of market total)

58.1%

58.5%

58.4%

Turnover value (% of equity turnover)

72.4%

72.9%

71.6%

NHMPE = Non-H Share Mainland Private Enterprises

 

 

Index Performance
Month-end figures   

 

Jul 2010

% Change over
1 Month

% Change over
12 Months

S&P/HKEx LargeCap Index

24624.43

3.8%

1.3%

S&P/HKEx GEM Index

785.16

2.0%

21.9%

Hang Seng Index

21029.81

4.5%

2.2%

Hang Seng China Enterprises Index#

11905.00

3.8%

-1.8%

Hang Seng China-Affiliated Corporations Index*

4020.02

5.3%

-3.1%

# - tracks H shares
* - tracks Red chips

 

 

Derivatives Market Turnover  

 

Average Daily Volume (Contracts)

Jul 2010

Jun 2010

% Change

Total Futures

157,741

164,168

-3.9%

Hang Seng Index Futures

76,019

78,166

-2.7%

Mini Hang Seng Index Futures

30,938

33,796

-8.5%

H-shares Index Futures

46,804

47,584

-1.6%

Mini H-shares Index Futures

3,546

4,100

-13.5%

Stock Futures

418

498

-16.1%

3-Month HIBOR Futures

1

9

-88.9%

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Gold Futures

14

16

-12.5%

Total Options

219,718

292,574

-24.9%

Hang Seng Index Options

29,330

31,301

-6.3%

Mini Hang Seng Index Options

1,824

1,750

4.2%

Flexible Hang Seng Index Options 1

271

0

-

H-shares Index Options

9,336

11,315

-17.5%

Flexible H-shares Index Options 2

0

0

-

Stock Options

178,957

248,207

-27.9%

Total Futures and Options

377,459

456,742

-17.4%

1 Trading in Flexible Hang Seng Index Options commenced on 08 Feb 2010
2 Trading in Flexible H-shares Index Options commenced on 08 Feb 2010

 

 

Clearing and Settlement  

CCASS Statistics (securities market)

Jul 2010

Jun 2010

% Change

Average daily number of exchange trades handled by CCASS

627,584

629,921

-0.37%

Average daily number of settlement instructions (SIs) settled by CCASS

69,369

69,381

-0.02%

Average daily number of investor SIs (ISIs) settled by CCASS

426

394

8.12%

Average daily settlement efficiency of CNS stock positions on due day (T+2)

99.91

99.89

N/A

Shares deposited in the CCASS depository
  –  % of total issued shares 
  –  % of the total market capitalisation


70.94%49.30%


71.10%48.93%


N/A
N/A

DCASS Statistics (derivatives market)

Jul 2010

Jun 2010

% Change

Month-end Open Interest (contracts)

 

 

 

  –  Equity Index Futures

187,134

175,160

6.8%

  –  Stock Futures

6,393

5,822

9.8%

  –  Interest Rates Futures

178

155

14.8%

  –  Gold Futures

163

166

-1.8%

  –  Equity Index Options

378,643

319,907

18.4%

  –  Stock Options

5,353,770

5,163,995

3.7%

 

 

Year-to-date Statistics 

Securities Market

Jul 2010
YTD

Jul 2009
YTD

% Change

No. of newly listed companies #

42

23

83%

Average daily turnover by value ($Mil.)

62,318

60,003

4%

Average share traded per trading day (Mil. Shares)

125,610

94,526

33%

Average no. of trades per trading day

740,678

694,407

7%

Fund raised by IPOs ($Mil.)

148,498

27,516

440%

Total funds raised (including IPOs) ($Mil.)*

292,005

285,749

2%

Derivatives Market

Jul 2010
YTD

Jul 2009
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

171,098

183,516

-6.8%

– Stock Futures

571

1,169

-51.2%

– Interest Rates Futures

4

16

-75.0%

– Gold Futures

20

23

-13.0%

– Equity Index Options

43,116

28,000

54.0%

– Stock Options

215,218

197,976

8.7%

Clearing & Settlement

Jul 2010
YTD

Jul 2009
YTD

% Change

Average daily number of exchange trades handled by CCASS

740,658

694,399

6.66%

Average daily number of settlement instructions (SIs) settled by CCASS

75,737

66,190

14.42%

Average daily number of investor SIs (ISIs) settled by CCASS

525

537

-2.23%

# Includes the number of transfers of listing from GEM to Main Board
* Provisional figures only

 

 

Historical Records
up to 31 July 2010

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

8,302,290

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

63,991

2008/01/24

11,148

2009/07/29