HKEx Monthly Market Highlights

Highlights

- Securities Market

The average daily turnover for the first 11 months of 2008 was $74,765 million, a decrease of 14 per cent when compared with $87,314 million for the same period last year.
The average daily turnover of CBBCs for the first 11 months of 2008 was $4,103 million, an increase of 1,496 per cent when compared with $257 million for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first 11 months of 2008 was 436,985 contracts, an increase of 22 per cent when compared with 358,447 contracts for the same period last year.
On 12 November 2008 , the turnover of Mini H-shares Index Futures reached a record high of 4,792 contracts.

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

	Nov 2008	Nov 2007	End 2007
No. of listed companies	1,259	1,229	1,241
Total market capitalisation ($Bil.)	9,682	21,205	20,698
No. of newly listed companies	1	9	84
No. of listed securities	6,094	5,856	6,092
No. of equity warrants	37	31	33
No. of derivatives warrants	3,522	4,275	4,483
No. of CBBC	1,068	119	131
No. of unit trusts	33	26	26
No. of debt securities	172	173	175

Securities Market Turnover (Main Board and GEM)

	Nov 2008	Oct 2008	% Chan ge
Monthly turnover ($Mil.)	946,892	1,296,735	-27%
Average daily turnover by value ($Mil.)	47,345	61,749	-23%
No. of trading days	20	21	-

Turnover by Type of Securities (Main Board and GEM)

( ) % of market total

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

	Nov 2008	Nov 2007	End 2007
No. of H shares	150	144	146
No. of Red chips Stocks	93	93	93
No. of NHMPE	221	193	200
Market capitalisation (% of market total)	58.1%	59.3%	58.2%
Turnover value (% of equity turnover)	73.2%	72.3%	69.3%

NHMPE = Non-H Share Mainland Private Enterprises

Index Performance
Month-end figures

	Nov 2008	% Chan ge over 1 Month	% Chan ge over 12 Months
S&P/HKEx LargeCap Index	17291.75	0.8%	-49.9%
S&P/HKEx GEM Index	351.91	-3.5%	-75.4%
Hang Seng Index	13888.24	-0.6%	-51.5%
Hang Seng China Enterprises Index#	7207.48	9.0%	-58.0%
Hang Seng China-Affiliated Corporations Index*	2996.98	1.2%	-52.3%

# - tracks H shares
* - tracks Red chips

Derivatives Market Turnover

	Average Daily Volume (Contracts)
	Nov 2008	Oct 2008	% Change
Total Futures	208,624	240,944	-1 3 .4%
Hang Seng Index Futures	94,161	111,456	-15.5%
Mini Hang Seng Index Futures	41,612	42,979	- 3 .2%
H-shares Index Futures	67,800	82,729	-18.0%
Mini H-shares Index Futures	3 , 3 21	1,9 3 0	72.1%
Hang Seng China H-Financials Index Futures	0	0	-
FTSE/Xinhua China 25 Index Future	0	0	-
Stock Futures	1,599	1,729	-7.5%
3-Month HIBOR Futures	100	42	1 3 8.1%
1-Month HIBOR Futures	1	1	0.0%
3 -Year Exchange Fund Note Futures	0	0	-
Gold Futures *	3 1	16 3	-81.0%
Total Options	194,510	271,647	-28.4%
Hang Seng Index Options	1 3 ,554	17,950	-24.5%
Mini Hang Seng Index Options	7 3 1	98 3	-25.6%
H-shares Index Options	8,71 3	7,106	22.6%
FTSE/Xinhua China 25 Index Option	0	0	-
Stock Options	171,512	245,608	- 3 0.2%
Total Futures and Options	40 3 ,1 3 4	512,591	-21.4%

* Trading in Gold Futures commenced on 20 Oct 2008

Clearing and Settlement

CCASS Statistics (securities market)	Nov 2008	Oct 2008	% Change
Average daily number of exchange trades handled by CCASS	603,309	698,930	-13.68%
Average daily number of settlement instructions (SIs) settled by CCASS	59,215	68,410	-13.44%
Average daily number of investor SIs (ISIs) settled by CCASS	502	983	-48.93%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.80	99.79	N/A
Shares deposited in the CCASS depository - % of total issued shares - % of the total market capitalisation	73.48% 44.27%	73.27% 44.06%	N/A N/A
DCASS Statistics (derivatives market)	Nov 2008	Oct 2008	% Chan ge
Month-end Open Interest (contracts)
- Equity Index Futures	202,147	208,44 3	- 3 .0%
- Stock Futures	9,97 3	8,122	22.8%
- Interest Rates Futures	3 , 3 70	2,447	3 7.7%
- Gold Futures	57	47	21. 3 %
- Equity Index Options	287,171	244,794	17. 3 %
- Stock Options	5, 3 90,667	5,288,788	1.9%

Year-to-date Statistics

Securities Market	Nov 2008 YTD	Nov 2007 YTD	% Change
No. of newly listed companies	33	71	-54%
Average daily turnover by value ($Mil.)	74,765	87,314	-14%
Average share traded per trading day (Mil. Shares)	115,292	90,149	28%
Average no. of trades per trading day	578,293	616,781	-6%
Fund raised by IPOs ($Mil.)	65,858	249,207	-74%
Total funds raised (including IPOs) ($Mil.)*	379,130	514,848	-26%
Derivatives Market	Nov 2008 YTD	Nov 2007 YTD	% Chan ge
*Average daily volume (contracts)*
- Equity Index Futures	184,678	1 3 1,222	40.7%
- Stock Futures	1,048	1,482	-29. 3 %
- Interest Rates Futures	101	1 3 1	-22.9%
- Gold Futures	75	-	-
- Equity Index Options	22,847	3 9,292	-41.9%
- Stock Options	228, 3 01	186, 3 21	22.5%
Clearing & Settlement	Nov 2008 YTD	Nov 2007 YTD	% Chan ge
Average daily number of exchange trades handled by CCASS	578,280	616,775	-6.24%
Average daily number of settlement instructions (SIs) settled by CCASS	63,752	66,141	-3.61%
Average daily number of investor SIs (ISIs) settled by CCASS	572	957	-40.23%

* Provisional figures only

Historical Records
up to 30 November 2008

Top 10 Hang Seng Index Closes

Top 10 Daily Market Turnover
(Main Board and GEM)

Top 10 Market Capitalisation
(Main Board and GEM)

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

HKEx Monthly Market Highlights - November 2008