Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Monthly Market Highlights - May 2009

Date 04/06/2009


Highlights

- Securities Market

  1. The average daily turnover for the first five months of 2009 was $54,926 million, a decrease of 40 per cent when compared with $91,845 million for the same period last year.
  2. The average daily turnover for May 2009 was $79,799 million, an increase of 29 per cent when compared with $61,911 million for April 2009, and an increase of 63 per cent when compared with $49,018 million for the first four months of 2009.
  3. The average daily turnover of CBBCs for the first five months of 2009 was $6,590 million, an increase of 273 per cent when compared with $1,765 million for the same period last year.
  4. The Hang Seng Index was at 18171.00 at the end of May 2009, an increase of 17 per cent when compared with 15520.99 at the end of April 2009 and its best one month gain since April 1999.

- Derivatives Market

  1. The average daily turnover of futures and options for the first five months of 2009 was 420,375 contracts, a decrease of 2 per cent when compared with 430,620 contracts for the same period last year.
  2. The average daily turnover of equity index options for the first five months of 2009 was 27,224 contracts, an increase of 41 per cent when compared with 19,277 contracts for the same period last year.
  3. On 12 May 2009, the turnover of Mini H-shares Index Futures reached a record high of 4,795 contracts.

 

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

 

May 2009

May 2008

End 2008

No. of listed companies

 1,269

 1,248

 1,261

Total market capitalisation ($Bil.)

13,745

18,379

10,299

No. of newly listed companies *

3

4

49

No. of listed securities

5,675

6,659

5,831

No. of equity warrants

 33

 38

 37

No. of derivatives warrants

2,640

4,821

3,011

No. of CBBC

1,525

350

1,314

No. of unit trusts

38

27

33

No. of debt securities

167

172

172

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

 

Securities Market Turnover (Main Board and GEM)

 

May 2009

Apr 2009

% Change

Monthly turnover ($Mil.)

1,516,183

1,238,219

22%

Average daily turnover by value ($Mil.)

79,799

61,911

29%

No. of trading days

19

20

-

 

Turnover by Type of Securities (Main Board and GEM)

 

May 2009
(
$Mil)

Apr 2009
 ($Mil)

% Change

Equities

1,199,981.60
(79.1%)

920,093.88
(74.3%)

30.4%

Derivative warrants

138,983.58
(9.2%)

117,812.44
(9.5%)

18.0%

CBBC

140,897.85
(9.3%)

160,128.58
(12.9%)

-12.0%

Debt securities

0.26
(0.0%)
(less than 0.1%)

0.20
(0.0%)
(less than 0.1%)

30.0%

( ) % of market total

 

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

 

May 2009

May 2008

End 2008

No. of H shares

 150

148

150

No. of Red chips Stocks

96

93

 93

No. of NHMPE

 225

203

 222

Market capitalisation (% of market total)

57.8%

57.3%

59.8%

Turnover value (% of equity turnover)

70.6%

70.1%

70.8%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures

 

May 2009

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

21592.71

14.6%

-27.2%

S&P/HKEx GEM Index

558.97

32.5%

-37.6%

Hang Seng Index

18171.00

17.1%

-25.9%

Hang Seng China Enterprises Index#

10428.19

14.8%

-24.3%

Hang Seng China-Affiliated Corporations Index*

3787.49

16.1%

-28.4%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

May 2009

Apr 2009

% Change

Total Futures

204,486

200,501

2.0%

Hang Seng Index Futures

96,901

94,023

3.1%

Mini Hang Seng Index Futures

47,279

42,200

12.0%

H-shares Index Futures

56,022

59,709

-6.2%

Mini H-shares Index Futures

3,419

3,420

0.03%

Stock Futures

836

1,111

-24.8%

3-Month HIBOR Futures

19

7

171.4%

1-Month HIBOR Futures

1

1

0.0%

3-Year Exchange Fund Note Futures

0

0

-

Gold Futures

9

30

-70.0%

Total Options

270,250

260,021

3.9%

Hang Seng Index Options

23,732

19,864

19.5%

Mini Hang Seng Index Options

1,254

1,266

-0.9%

H-shares Index Options

6,999

8,838

-20.8%

Stock Options

238,265

230,053

3.6%

Total Futures and Options

474,736

460,522

3.1%

 

Clearing and Settlement

CCASS Statistics (securities market)

May 2009

Apr 2009

% Change

Average daily number of exchange trades handled by CCASS

862,007

729,874

18.10%

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

75,287

69,094

8.96%

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

673

545

23.49%

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

99.80

99.87

N/A

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


71.29%
48.30%


70.97%
47.52%


N/A
N/A

DCASS Statistics (derivatives market)

May 2009

Apr 2009

% Change

Month-end Open Interest (contracts)

 

 

 

  -   Equity Index Futures

166,554

182,599

-8.8%

  -   Stock Futures

4,600

12,136

-62.1%

  -   Interest Rates Futures

1,298

1,276

1.7%

  -   Gold Futures

21

112

-81.3%

  -   Equity Index Options

346,874

264,112

31.3%

  -   Stock Options

4,823,462

4,765,827

1.2%

 

Year-to-date Statistics

Securities Market

May 2009
YTD

May 2008
YTD

% Change

No. of newly listed companies #

11

15

-27%

Average daily turnover by value ($Mil.)

54,926

91,845

-40%

Average share traded per trading day (Mil. Shares)

87,711

142,448

-38%

Average no. of trades per trading day

636,503

616,124

3%

Fund raised by IPOs ($Mil.)

12,441

38,722

-68%

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

187,259

100,922

86%

Derivatives Market

May 2009
YTD

May 2008
YTD

% Change

Average daily volume (contracts)

 

 

 

- Equity Index Futures

182,050

170,891

6.5%

- Stock Futures

1,108

720

53.9%

- Interest Rates Futures

18

123

-85.4%

- Gold Futures **

28

0

-

- Equity Index Options

27,224

19,277

41.2%

- Stock Options

209,948

239,610

-12.4%

Clearing & Settlement

May 2009
YTD

May 2008
YTD

% Change

Average daily number of exchange trades handled by CCASS

636,496

616,110

3.31%

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

62,150

67,592

-8.05%

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

501

584

-14.21%

# 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 May 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

8,302,290

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

10,673

2008/10/29