HKEx Monthly Market Highlights - February 2011 
28/02/2011 
 

Highlights

 - Securities Market

  • The average daily turnover for the first two months of 2011 was $73,990 million, an increase of 9 per cent when compared with $67,702 million for the same period last year.
  • The average daily turnover of derivative warrants for the first two months of 2011 was $13,607 million, an increase of 36 per cent when compared with $10,033 million for the same period last year.
  • The average daily turnover of CBBCs for the first two months of 2011 was $5,896 million, an increase of 6 per cent when compared with $5,563 million for the same period last year.

  

- Derivatives Market

  • The average daily turnover of futures and options for the first two months of 2011 was 518,618 contracts, an increase of 17 per cent when compared with 444,351 contracts for the same period last year.
  • On 11 and 15 February 2011, the open interest of Mini H-shares Index Futures and Mini Hang Seng Index Futures reached a record high of 3,657 and 12,619 contracts respectively.
  • On 24 February 2011, the turnover of Mini H-shares Index Futures reached a record high of 8,844 contracts.

 

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

 

Feb 2011

Feb 2010

End 2010

No. of listed companies

 1,421

 1,326

 1,413

Total market capitalisation ($Bil.)

20,790

17,204

21,077

No. of newly listed companies *

1

5

113

No. of listed securities

8,202

6,930

7,900

No. of equity warrants

23

 21

 23

No. of derivatives warrants

5,514

3,996

5,148

No. of CBBC

988

1,367

1,064

No. of unit trusts

82

59

79

No. of debt securities

170

158

169

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

 

Securities Market Turnover (Main Board and GEM)

 

Feb 2011

Jan 2011

% Change

Monthly turnover ($Mil.) *

1,310,250

1,575,345

-17%

Average daily turnover by value ($Mil.) *

72,792

75,016

-3%

No. of trading days

18

21

-

 * Turnover value for traded in non-HKD currency securities have been included start from 29 November 2010

 

 Turnover by Type of Securities (Main Board and GEM)

 

Feb 2011
($Mil)

Jan 2011
($Mil)

% Change

Equities

924,307.14
(70.5%)

1,090,314.27
(69.2%)

-15.2%

Derivative warrants

224,803.01
(17.2%)

305,868.26
(19.4%)

-26.5%

CBBC

107,789.70
(8.2%)

122,137.06
(7.8%)

-11.7%

Debt securities

0.25
(0.0%)
(less than 0.1%)

0.80
(0.0%)
(less than 0.1%)

-68.8%

( ) % of market total
Turnover value for traded in non-HKD currency securities have been included start from 29 November 2010

 

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

 

Feb 2011

Feb 2010

End 2010

No. of H shares

 163

156

163

No. of Red chips Stocks

102

 97

102

No. of NHMPE

 331

 274

 327

Market capitalisation (% of market total)

55.6%

57.7%

56.6%

Turnover value (% of equity turnover)

62.1%

68.2%

68.0%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures
 

 

Feb 2011

% Change over
1 Month

% Change over
12 Months

S&P/HKEx LargeCap Index

27880.82

-0.3%

15.0%

S&P/HKEx GEM Index

738.23

-2.4%

-0.4%

Hang Seng Index

23338.02

-0.5%

13.2%

Hang Seng China Enterprises Index#

12504.53

-0.5%

8.3%

Hang Seng China-Affiliated Corporations Index*

3998.32

-3.7%

-1.5%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Feb 2011

Jan 2011

% Change

Total Futures

194,253

163,126

19.1%

Hang Seng Index Futures

95,172

82,160

15.8%

Mini Hang Seng Index Futures

35,040

31,541

11.1%

H-shares Index Futures

56,455

42,912

31.6%

Mini H-shares Index Futures

5,647

4,625

22.1%

HSI Dividend Point Index Futures 1

237

116

104.3%

HSCEI Dividend Point Index Futures 2

45

38

18.4%

Stock Futures

1,635

1,697

-3.7%

3-Month HIBOR Futures

3

3

0.0%

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Gold Futures

20

35

-42.9%

Total Options

338,509

343,706

-1.5%

Hang Seng Index Options

48,457

36,793

31.7%

Mini Hang Seng Index Options

3,071

2,473

24.2%

Flexible Hang Seng Index Options 3

0

19

-100.0%

H-shares Index Options

13,116

12,401

5.8%

Flexible H-shares Index Options 4

0

0

-

Stock Options

273,865

292,021

-6.2%

Total Futures and Options

532,762

506,832

5.1%

 1 Trading in HSI Dividend Point Index Futures commenced on 01 Nov 2010
2 Trading in HSCEI Dividend Point Index Futures commenced on 01 Nov 2010
3 Trading in Flexible Hang Seng Index Options commenced on 08 Feb 2010
4 Trading in Flexible H-shares Index Options commenced on 08 Feb 2010

 

Clearing and Settlement

 

CCASS Statistics (securities market)

Feb 2011

Jan 2011

% Change

Average daily number of exchange trades handled by CCASS

809,981

801,317

1.08%

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

88,307

83,822

5.35%

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

500

537

-6.89%

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

99.92

99.89

N/A

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


72.05%
49.90%


72.10%
50.30%


N/A
N/A

DCASS Statistics (derivatives market)

Feb 2011

Jan 2011

% Change

Month-end Open Interest (contracts)

 

 

 

    Equity Index Futures

199,623

220,088

-9.3%

    Stock Futures

17,062

16,644

2.5%

    Interest Rates Futures

293

278

5.4%

    Gold Futures

170

207

-17.9%

    Equity Index Options

456,414

374,451

21.9%

    Stock Options

6,583,920

6,276,824

4.9%

  

Year-to-date Statistics

   

Securities Market

Feb 2011
YTD

Feb 2010
YTD

% Change

No. of newly listed companies #

10

7

43%

Average daily turnover by value ($Mil.) ^

73,990

67,702

9%

Average share traded per trading day (Mil. Shares)

164,318

128,015

28%

Average no. of trades per trading day

805,360

783,027

3%

Fund raised by IPOs ($Mil.)

2,308

27,398

-92%

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

31,239

63,152

-51%

Derivatives Market

Feb 2011
YTD

Feb 2010
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

175,575

184,748

-5.0%

– Stock Futures

1,669

687

142.9%

– Interest Rates Futures

3

8

-62.5%

– Gold Futures

28

21

33.3%

– Equity Index Options

57,576

44,299

30.0%

– Stock Options

283,768

214,587

32.2%

Clearing & Settlement

Feb 2011
YTD

Feb 2010
YTD

% Change

Average daily number of exchange trades handled by CCASS

805,316

783,019

2.85%

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

85,829

76,905

11.60%

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

521

560

-6.96%

 # Includes the number of transfers of listing from GEM to Main Board
^  Turnover value for traded in non-HKD currency securities have been included start from 29 November 2010
* Provisional figures only

 

Historical Records
up to 28 February 2011

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

2010/11/08

        22,297,367,476,072

7

2007/10/26

        22,285,176,719,928

8

2007/11/07

        22,202,420,942,652

9

2010/11/11

        22,177,709,007,319

10

2010/11/05

        22,168,061,232,445

  

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

8,825,259

2010/11/26

Hang Seng Index Futures

228,392

2010/10/26

198,789

2007/06/27

H-shares Index Futures

219,689

2008/10/28

162,527

2010/10/27

Hang Seng Index Options

85,981

2007/11/28

477,129

2010/12/29

Mini Hang Seng Index Futures

63,991

2008/01/24

12,619

2011/02/15