HKEx Monthly Market Highlights

Highlights

- Securities Market

The average daily turnover for the first three months of 2009 was $44,721 million, a decrease of 55 per cent when compared with $98,707 million for the same period last year.
The average daily turnover for March 2009 was $46,590 million, an increase of 17 per cent when compared with $39,951 for February 2009.
The average daily turnover of CBBCs for the first three months of 2009 was $5,856 million, an increase of 320 per cent when compared with $1,395 million for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first three months of 2009 was 389,778 contracts, a decrease of 17 per cent when compared with 472,052 contracts for the same period last year.
The average daily turnover of futures and options for March 2009 was 455,950 contracts, an increase of 34 per cent when compared with 340,898 contracts for February 2009.
On 27 March 2009 , the total open interest of Mini Hang Seng Index Options reached a record high of 7,929 contracts.

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

	Mar 2009	Mar 2008	End 2008
No. of listed companies	1,266	1,244	1,261
Total market capitalisation ($Bil.)	10,128	16,938	10,299
No. of newly listed companies *	2	6	49
No. of listed securities	5,528	6,701	5,831
No. of equity warrants	32	40	37
No. of derivatives warrants	2,510	5,000	3,011
No. of CBBC	1,513	214	1,314
No. of unit trusts	33	26	33
No. of debt securities	171	174	172

* Includes the number of companies for transfer of listing from GEM to Main Board

Securities Market Turnover (Main Board and GEM)

	Mar 2009	Feb 2009	% Chan ge
Monthly turnover ($Mil.)	1,024,976	799,015	28%
Average daily turnover by value ($Mil.)	46,590	39,951	17%
No. of trading days	22	20	-

Turnover by Type of Securities (Main Board and GEM)

	Mar 2009 ($Mil)	Feb 2009 ($Mil)	% Chan ge
Equities	759,094.65 (74.1%)	522,032.07 (65.3%)	45.4%
Derivative warrants	103,160.10 (10.1%)	110,408.28 (13.8%)	-6.6%
CBBC	122,340.60 (11.9%)	123,712.00 (15.5%)	-1.1%
Debt securities	1.32 (0.0%) (less than 0.1%)	1.45 (0.0%) (less than 0.1%)	-9.0%

( ) % of market total

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

	Mar 2009	Mar 2008	End 2008
No. of H shares	150	147	150
No. of Red chips Stocks	96	93	93
No. of NHMPE	224	202	222
Market capitalisation (% of market total)	60.7%	56.8%	59.8%
Turnover value (% of equity turnover)	70.1%	69.6%	70.8%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Mar 2009	% Chan ge over 1 Month	% Chan ge over 12 Months
S&P/HKEx LargeCap Index	16740.46	5.2%	-39.7%
S&P/HKEx GEM Index	386.23	3.5%	-54.3%
Hang Seng Index	13576.02	6.0%	-40.6%
Hang Seng China Enterprises Index#	8070.13	16.9%	-33.2%
Hang Seng China-Affiliated Corporations Index*	3095.40	6.7%	-39.2%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	Mar 2009	Feb 2009	% Change
Total Futures	175,1 3 0	169,801	3 .1%
Hang Seng Index Futures	79,0 3 4	8 3 ,15 3	-5.0%
Mini Hang Seng Index Futures	3 4,918	3 1,495	10.9%
H-shares Index Futures	56,997	52,1 3 7	9. 3 %
Mini H-shares Index Futures	2,702	2,154	25.4%
Stock Futures	1,417	8 3 1	70.5%
3-Month HIBOR Futures	19	3	5 3 3 . 3 %
1-Month HIBOR Futures	4	0	-
3 -Year Exchange Fund Note Futures	0	0	-
Gold Futures	3 9	29	3 4.5%
Total Options	280,820	171,097	64.1%
Hang Seng Index Options	18,9 3 5	17,089	10.8%
Mini Hang Seng Index Options	1,070	88 3	21.2%
H-shares Index Options	8,0 3 9	5,468	47.0%
Stock Options	252,776	147,657	71.2%
Total Futures and Options	455,950	3 40,898	3 3 .7%

Clearing and Settlement

CCASS Statistics (securities market)	Mar 2009	Feb 2009	% Change
Average daily number of exchange trades handled by CCASS	569,292	480,730	18.42%
Average daily number of settlement instructions (SIs) settled by CCASS	59,741	52,417	13.97%
Average daily number of investor SIs (ISIs) settled by CCASS	525	327	60.55%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.85	99.83	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	70.99% 46.29%	71.89% 45.32%	N/A N/A
DCASS Statistics (derivatives market)	Mar 2009	Feb 2009	% Chan ge
Month-end Open Interest (contracts)
- Equity Index Futures	171,202	174,444	-1.9%
- Stock Futures	9,208	6, 3 10	45.9%
- Interest Rates Futures	1, 3 77	2,405	-42.7%
- Gold Futures	20	3 7	-45.9%
- Equity Index Options	217,088	2 3 1,086	-6.1%
- Stock Options	4,400,699	4,9 3 8,508	-10.9%

Year-to-date Statistics

Securities Market	Mar 2009 YTD	Mar 2008 YTD	% Change
No. of newly listed companies #	7	10	-30%
Average daily turnover by value ($Mil.)	44,721	98,707	-55%
Average share traded per trading day (Mil. Shares)	75,263	155,031	-51%
Average no. of trades per trading day	533,966	644,098	-17%
Fund raised by IPOs ($Mil.)	1,562	32,990	-95%
Total funds raised (including IPOs) ($Mil.)*	15,910	75,987	-79%
Derivatives Market	Mar 2009 YTD	Mar 2008 YTD	% Chan ge
*Average daily volume (contracts)*
- Equity Index Futures	169,452	18 3 ,819	-7.8%
- Stock Futures	1,192	662	80.1%
- Interest Rates Futures	20	1 3 3	-85.0%
- Gold Futures **	3 4	0	-
- Equity Index Options	24,801	21,240	16.8%
- Stock Options	194,279	266,199	-27.0%
Clearing & Settlement	Mar 2009 YTD	Mar 2008 YTD	% Chan ge
Average daily number of exchange trades handled by CCASS	533,958	644,083	-17.10%
Average daily number of settlement instructions (SIs) settled by CCASS	55,676	70,212	-20.70%
Average daily number of investor SIs (ISIs) settled by CCASS	432	624	-30.77%

# Includes the number of companies for transfer of listing from GEM to Main Board
* Provisional figures only
** Trading in Gold Futures commenced on 20 Oct 2008

Historical Records
up to 31 March 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:

HKEx Monthly Market Highlights - March 2009