HKEx Monthly Market Highlights - September 2012 
30/09/2012 
 
Highlights

- Securities Market

  •  The average daily turnover for the first nine months of 2012 was $53,143 million, a decrease of 27 per cent when compared with $73,236 million for the same period last year.
  • The average daily turnover for September was $52,372 million, an increase of 20 per cent when compared with $43,806 million for August.
  • The average daily turnover of RQFII A-share ETFs, which was launched in July this year, was $66 million for September 2012.

- Derivatives Market

  • The average daily turnover of futures and options for the first nine months of 2012 was 482,854 contracts, a decrease of 16 per cent when compared with 577,954 contracts for the same period last year.
  • The average daily turnover of equity index options for the first nine months of 2012 was 67,057 contracts, an increase of 3.6 per cent when compared with 64,712 contracts for the same period last year.
  • On 12 September 2012, the open interest of HSCEI Dividend Point Index Futures reached a record high of 73,105 contracts.
  • On 25 September 2012, the turnover and the open interest of H-shares Index Futures reached a record high of 222,384 contracts and 190,052 contracts respectively.
  • On 14 September and 26 September 2012, the turnover and the open interest of H-shares Index Options reached a record high of 67,677 contracts and 702,719 contracts respectively.
  • The average daily turnover and open interest of RMB Currency Futures, which commenced trading on 17 September 2012, was 217 contracts and 1,076 contracts respectively for September 2012.

 

Listed Securities (Main Board and GEM)

Month-end figures

 

Sep 2012

Sep 2011

End 2011

No. of listed companies

 1,533

 1,467

 1,496

Total market capitalisation ($Bil.)

19,649

16,225

17,537

No. of newly listed companies *

0

5

101

No. of listed securities

6,911

7,178

6,723

No. of equity warrants

13

17

15

No. of derivatives warrants

3,903

4,778

4,027

No. of CBBC

1,104

642

901

No. of unit trusts

107

87

88

No. of debt securities

247

183

192

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

 

Securities Market Turnover (Main Board and GEM)

 

Sep 2012

Aug 2012

% Change

Monthly turnover ($Mil.) *

1,047,442

1,007,537

4%

Average daily turnover by value ($Mil.) *

52,372

43,806

20%

No. of trading days

20

23

-

* 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)

 

Sep 2012
($Mil)

Aug 2012
($Mil)

% Change

Equities

779,143.92
(74.4%)

710,119.84
(70.5%)

9.7%

Derivative warrants

121,232.21
(11.6%)

128,214.29
(12.7%)

-5.4%

CBBC

103,355.49
(9.9%)

129,718.46
(12.9%)

-20.3%

Debt securities

156.20
(0.0%)
(less than 0.1%)

223.32
(0.0%)
(less than 0.1%)

-30.1%

( ) % 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

 

Sep 2012

Sep 2011

End 2011

No. of H shares

 171

164

168

No. of Red chips Stocks

108

 103

107

No. of Mainland private enterprises

 431*

353

365

Market capitalisation (% of market total)

56.4%

54.9%

55.5%

Turnover value (% of equity turnover)

67.2%

66.6%

66.0%

* Revised methodology for classification of listed companies took effect from 1 January 2012 (Mainland private enterprises were classified as Non-H Share Mainland Private Enterprises, or NHMPE before revision).

 

Index Performance
Month-end figures
 

 

Sep 2012

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

24927.48

7.1%

17.4%

S&P/HKEx GEM Index

348.25

-0.9%

-21.1%

Hang Seng Index

20840.38

7.0%

18.5%

Hang Seng China Enterprises Index#

9831.62

5.9%

10.3%

Hang Seng China-Affiliated Corporations Index*

4081.79

7.0%

20.4%

# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Sep 2012

Aug 2012

% Change

Total Futures

187,277

160,988

16.3%

Hang Seng Index Futures

80,939

70,633

14.6%

Mini Hang Seng Index Futures

31,950

31,176

2.5%

H-shares Index Futures

66,357

51,620

28.5%

Mini H-shares Index Futures

5,405

4,667

15.8%

HSI Dividend Point Index Futures

188

283

-33.6%

HSCEI Dividend Point Index Futures

1,110

1,650

-32.7%

HSI Volatility Index Futures 1

4

7

-42.9%

IBOVESPA Futures 2

0

0

-

MICEX Index Futures 3

0

0

-

Sensex Index Futures 4

0

0

-

FTSE/JSE Top40 Futures 5

0

0

-

Stock Futures

1,216

953

27.6%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

USD/CNH Futures 6

217

0

-

Gold Futures

0

0

-

Total Options

300,182

261,380

14.8%

Hang Seng Index Options

39,746

30,421

30.7%

Mini Hang Seng Index Options

5,225

4,491

16.3%

Flexible Hang Seng Index Options

10

87

-88.5%

H-shares Index Options

30,749

20,416

50.6%

Flexible H-shares Index Options

8

61

-86.9%

Stock Options

224,444

205,904

9.0%

Total Futures and Options

487,459

422,368

15.4%

1 Trading in HSI Volatility Index Futures commenced on 20 Feb 2012
2 Trading in IBOVESPA Futures commenced on 30 Mar 2012
3 Trading in MICEX Index Futures commenced on 30 Mar 2012
4 Trading in Sensex Index Futures commenced on 30 Mar 2012
5 Trading in FTSE/JSE Top40 Futures commenced on 30 Mar 2012
6 Trading in USD/CNH Futures commenced on 17 Sep 2012

 

Clearing and Settlement

CCASS Statistics (securities market)

Sep 2012

Aug 2012

% Change

Average daily number of exchange trades handled by CCASS

760,470

646,258

17.67%

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

70,681

63,688

10.98%

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

362

299

21.07%

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

99.90

99.91

N/A

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


69.98%
50.71%


70.16%
50.15%


N/A
N/A

DCASS Statistics (derivatives market)

Sep 2012

Aug 2012

% Change

Month-end Open Interest (contracts)

 

 

 

    Equity Index Futures

357,089

319,142

11.9%

    Stock Futures

10,353

15,403

-32.8%

    Interest Rates Futures

5

65

-92.3%

  RMB Currency Futures

1,076

0

-

 Gold Futures

0

0

-

 Equity Index Options

988,510

940,643

5.1%

  Stock Options

4,658,740

5,937,367

-21.5%

 

Year-to-date Statistics

Securities Market

Sep 2012
YTD

Sep 2011
YTD

% Change

No. of newly listed companies #

49

69

-29%

Average daily turnover by value ($Mil.) ^

53,143

73,236

-27%

Average share traded per trading day (Mil. Shares)

140,794

162,501

-13%

Average no. of trades per trading day

765,782

878,590

-13%

Fund raised by IPOs ($Mil.)

44,652

194,372

-77%

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

195,313

362,789

-46%

Derivatives Market

Sep 2012
YTD

Sep 2011
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

189,783

202,244

-6.2%

– Stock Futures

1,120

1,872

-40.2%

– Interest Rates Futures

1

3

-66.7%

– RMB Currency Futures

217

0

-

– Gold Futures

-

20

-

– Equity Index Options

67,057

64,712

3.6%

– Stock Options

224,880

309,103

-27.2%

Clearing & Settlement

Sep 2012
YTD

Sep 2011
YTD

% Change

Average daily number of exchange trades handled by CCASS

765,433

877,976

-12.82%

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

72,051

86,117

-16.33%

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

331

510

-35.10%

# 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 September 2012

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

222,384

2012/09/25

190,052

2012/09/25

Hang Seng Index Options

116,835

2011/08/05

560,087

2012/06/27

Mini Hang Seng Index Futures

86,812

2011/08/09

21,682

2011/06/17

H-shares Index Options

67,677

2012/09/14

702,719

2012/09/26

Stock Futures

27,966

2007/03/28

26,482

2011/08/25

HSCEI Dividend Point Index Futures

20,802

2012/05/24

73,105

2012/09/12

Mini H-shares Index Futures

19,556

2011/08/09

6,684

2012/04/24

Mini Hang Seng Index Options

13,917

2012/05/18

32,651

2012/05/29