.jpg)
The contribution of institutional investors to Hong Kong stock market turnover remained at its highest level since 1991, according to Hong Kong Exchanges and Clearing Limited's (HKEx) Cash Market Transaction Survey 2007/08 (covering HKEx's securities market turnover from October 2007 to September 2008).
The distribution pattern of market turnover value by investor type - - local retail/institutional investors and overseas retail/institutional investors - - in 2007/08 was little different from that in 2006/07. Institutional investors (both local and overseas) contributed 65 per cent to total market turnover value, similar to the level in 2006/07, which was the highest since the survey started in 1991. The contribution of retail investors declined to 29 per cent in 2007/08, the lowest since the survey started in 1991.
Click here to read the report.
