HKEx Monthly Market Highlights - November 2011 
30/11/2011 
 
Highlights

- Securities Market

  • The average daily turnover for the first 11 months of 2011 was $71,792 million, an increase of 3 per cent when compared with $69,664 million for the same period last year.
  • The average daily turnover of derivative warrants for the first 11 months of 2011 was $11,040 million, an increase of 2 per cent when compared with $10,859 million for the same period last year.
  • The average daily turnover of CBBCs for the first 11 months of 2011 was $7,489 million, an increase of 29 per cent when compared with $5,811 million for the same period last year.


- Derivatives Market

  • The average daily turnover of futures and options for the first 11 months of 2011 was 584,342 contracts, an increase of 25 per cent when compared with 466,838 contracts for the same period last year.
  • The average daily turnover of stock options for the first 11 months of 2011 was 310,333 contracts, an increase of 27 per cent when compared with 244,817 contracts for the same period last year.
  • On 28 November 2011, the open interest of stock options reached a record high of 9,218,955 contracts.

 

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

 

Nov 2011

Nov 2010

End 2010

No. of listed companies

 1,477

 1,397

 1,413

Total market capitalisation ($Bil.)

16,985

20,936

21,077

No. of newly listed companies *

6

14

113

No. of listed securities

6,970

7,894

7,900

No. of equity warrants

16

 22

 23

No. of derivatives warrants

4,269

5,054

5,148

No. of CBBC

926

1,174

1,064

No. of unit trusts

88

77

79

No. of debt securities

190

167

169

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

 

Securities Market Turnover (Main Board and GEM)

 

Nov 2011

Oct 2011

% Change

Monthly turnover ($Mil.) *

1,320,161

1,429,477

-8%

Average daily turnover by value ($Mil.) *

60,007

71,474

-16%

No. of trading days

22

20

-

* 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)

 

Nov 2011
($Mil)

Oct 2011
($Mil)

% Change

Equities

842,259.25
(63.8%)

962,970.71
(67.4%)

-12.5%

Derivative warrants

195,528.80
(14.8%)

179,513.23
(12.6%)

8.9%

CBBC

240,430.62
(18.2%)

241,086.46
(16.9%)

-0.3%

Debt securities

67.94
(0.0%)
(less than 0.1%)

100.00  
(0.0%)
(less than 0.1%)

-32.1%

( ) % 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

 

Nov 2011

Nov 2010

End 2010

No. of H shares

 165

160

163

No. of Red chips Stocks

102

 102

102

No. of NHMPE

 358

319

 327

Market capitalisation (% of market total)

55.7%

56.9%

56.6%

Turnover value (% of equity turnover)

68.5%

62.0%

68.0%

NHMPE = Non-H Share Mainland Private Enterprises

 

Index Performance
Month-end figures 

 

Nov 2011

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

21762.00

-9.0%

-20.4%

S&P/HKEx GEM Index

467.62

-3.4%

-44.3%

Hang Seng Index

17989.35

-9.4%

-21.8%

Hang Seng China Enterprises Index#

9508.94

-9.6%

-25.8%

Hang Seng China-Affiliated Corporations Index*

3622.20

-5.7%

-11.9%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Nov 2011

Oct 2011

% Change

Total Futures

218,031

254,583

-14.4%

Hang Seng Index Futures

93,644

111,529

-16.0%

Mini Hang Seng Index Futures

48,565

54,895

-11.5%

H-shares Index Futures

65,549

76,653

-14.5%

Mini H-shares Index Futures

8,555

8,818

-3.0%

HSI Dividend Point Index Futures 1

35

23

52.2%

HSCEI Dividend Point Index Futures 2

395

169

133.7%

Stock Futures

1,284

2,493

-48.5%

3-Month HIBOR Futures

2

1

100.0%

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

Gold Futures

3

2

50.0%

Total Options

317,384

442,191

-28.2%

Hang Seng Index Options

34,903

47,905

-27.1%

Mini Hang Seng Index Options

4,110

4,982

-17.5%

Flexible Hang Seng Index Options 3

0

150

-100.0%

H-shares Index Options

13,889

16,503

-15.8%

Flexible H-shares Index Options 4

136

449

-69.7%

Stock Options

264,346

372,203

-29.0%

Total Futures and Options

535,415

696,774

-23.2%

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)

Nov 2011

Oct 2011

% Change

Average daily number of exchange trades handled by CCASS

851,759

1,039,005

-18.02%

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

74,283

84,249

-11.83%

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

314

467

-32.76%

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

99.88

99.88

N/A

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


70.82%
50.58%

 
70.75%
50.44%


N/A
N/A

DCASS Statistics (derivatives market)

Nov 2011

Oct 2011

% Change

Month-end Open Interest (contracts)

 

 

 

    Equity Index Futures

258,474

278,658

-7.2%

    Stock Futures

17,577

18,381

-4.4%

    Interest Rates Futures

110

105

4.8%

    Gold Futures

21

61

-65.6%

    Equity Index Options

649,128

618,939

4.9%

    Stock Options

7,801,740

7,380,983

5.7%

  

Year-to-date Statistics

Securities Market

Nov 2011
YTD

Nov 2010
YTD

% Change

No. of newly listed companies #

81

92

-12%

Average daily turnover by value ($Mil.) ^

71,792

69,664

3%

Average share traded per trading day (Mil. Shares)

164,482

140,275

17%

Average no. of trades per trading day

890,302

782,624

14%

Fund raised by IPOs ($Mil.)

218,719

398,081

-45%

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

416,547

679,783

-39%

Derivatives Market

Nov 2011
YTD

Nov 2010
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

208,079

173,486

19.9%

– Stock Futures

1,869

922

102.7%

– Interest Rates Futures

3

4

-25.0%

– Gold Futures

16

23

-30.4%

– Equity Index Options

64,041

47,585

34.6%

– Stock Options

310,333

244,817

26.8%

Clearing & Settlement

Nov 2011
YTD

Nov 2010
YTD

% Change

Average daily number of exchange trades handled by CCASS

889,674

782,600

13.68%

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

84,794

79,621

6.50%

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

487

578

-15.74%

# 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 30 November 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

2011/04/21

22,324,252,903,664

7

2010/11/08

22,297,367,476,072

8

2007/10/26

22,285,176,719,928

9

2011/04/08

22,235,055,909,162

10

2007/11/07

22,202,420,942,652

 

Record High for Top-10 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

9,218,955

2011/11/28

Hang Seng Index Futures

235,385

2011/08/09

198,789

2007/06/27

H-shares Index Futures

220,600

2011/09/27

177,892

2011/09/28

Hang Seng Index Options

116,835

2011/08/05

483,835

2011/09/28

Mini Hang Seng Index Futures

86,812

2011/08/09

21,682

2011/06/17

H-shares Index Options

41,229

2009/12/11

344,647

2009/12/29

Stock Futures

27,966

2007/03/28

26,482

2011/08/25

Mini H-shares Index Futures

19,556

2011/08/09

6,030

2011/06/17

HSCEI Dividend Point Index Futures

15,000

2011/09/14

31,693

2011/11/23

Mini Hang Seng Index Options

10,618

2011/08/05

22,086

2011/08/29