HKEx Monthly Market Highlights - November 2012 
30/11/2012 
 

Highlights

 

- Securities Market

  • The average daily turnover for the first 11 months of 2012 was $53,233 million, a decrease of 26 per cent when compared with $71,792 million for the same period last year.
  • The average daily turnover of dual counters RQFII A-share ETFs for November 2012 was $530 million, an increase of 258 per cent when compared with $148 million for October 2012.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first 11 months of 2012 was 485,782 contracts, a decrease of 17 per cent when compared with 584,342 contracts for the same period last year.
  • On 27 November 2012, the turnover and the open interest of H-shares Index Futures reached a record high of 227,986 and 223,864 contracts respectively.
  • On 28 November 2012, the open interest of H-shares Index Options reached a record high of 832,396 contracts . 

Listed Securities (Main Board and GEM)

Month-end figures

 

Nov 2012

Nov 2011

End 2011

No. of listed companies

 1,540

 1,477

 1,496

Total market capitalisation ($Bil.)

21,035

16,985

17,537

No. of newly listed companies *

4

6

101

No. of listed securities

6,930

6,970

6,723

No. of equity warrants

12

16

15

No. of derivatives warrants

3,756

4,269

4,027

No. of CBBC

1,242

926

901

No. of unit trusts

111

88

88

No. of debt securities

265

190

192

* Includes the number of transfer of listings from GEM to Main Board

 

Securities Market Turnover (Main Board and GEM)

 

Nov 2012

Oct 2012

% Change

Monthly turnover ($Mil.) *

1,203,952

1,048,590

15%

Average daily turnover by value ($Mil.) *

54,725

52,429

4%

No. of trading days

22

20

-

 * Turnover value for securities traded in non-Hong Kong dollar currency have been included since 29 November 2010

 

 Turnover by Type of Securities (Main Board and GEM)

 

Nov 2012
($Mil)

Oct 2012
($Mil)

% Change

Equities

846,593.46
(70.3%)

770,103.12
(73.4%)

9.9%

Derivative warrants

148,372.78
(12.3%)

130,163.41
(12.4%)

14.0%

CBBC

129,117.09
(10.7%)

98,020.81
(9.3%)

31.7%

Debt securities

175.40
(0.0%)
(less than 0.1%)

131.22
(0.0%)
(less than 0.1%)

33.7%

( ) % of market total
 Turnover value for securities traded in non-Hong Kong dollar currency have been included since 29 November 2010

 

ATS Transactions

The total turnover of automated trading services’ (ATS) transactions for November 2012 was $26,687 million (2.2 % of the securities market total turnover).

 

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

 

Nov 2012

Nov 2011

End 2011

No. of H shares

 172

165

168

No. of Red chips Stocks

108

 102

107

No. of Mainland private enterprises

 434*

358

365

Market capitalisation (% of market total)

56.7%

55.7%

55.5%

Turnover value (% of equity turnover)

69.5%

68.5%

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
 

 

Nov 2012

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

26239.16

0.9%

20.6%

S&P/HKEx GEM Index

346.93

0.0%

-25.8%

Hang Seng Index

22030.39

1.8%

22.5%

Hang Seng China Enterprises Index#

10622.67

0.4%

11.7%

Hang Seng China-Affiliated Corporations Index*

4388.65

4.5%

21.2%


# - tracks H shares
* - tracks Red chips

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Nov 2012

Oct 2012

% Change

Total Futures

194,755

186,589

4.4%

Hang Seng Index Futures

86,044

76,509

12.5%

Mini Hang Seng Index Futures

32,138

29,372

9.4%

H-shares Index Futures

68,039

71,944

-5.4%

Mini H-shares Index Futures

6,488

5,825

11.4%

HSI Dividend Point Index Futures

14

0

-

HSCEI Dividend Point Index Futures

116

476

-75.6%

HSI Volatility Index Futures 1

2

10

-80.0%

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

1,621

2,226

-27.2%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

USD/CNH Futures 6

294

228

28.9%

Gold Futures

0

0

-

Total Options

296,966

319,821

-7.1%

Hang Seng Index Options

37,292

31,044

20.1%

Mini Hang Seng Index Options

5,678

5,656

0.4%

Flexible Hang Seng Index Options

164

244

-32.8%

H-shares Index Options

27,743

32,232

-13.9%

Flexible H-shares Index Options

142

23

517.4%

Stock Options

225,946

250,621

-9.8%

Total Futures and Options

491,720

506,410

-2.9%

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)

Nov 2012

Oct 2012

% Change

Average daily number of exchange trades handled by CCASS

796,498

787,661

1.12%

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

70,971

73,722

-3.73%

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

329

367

-10.35%

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

99.89

99.90

N/A

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


69.68%
51.25%


70.08%
51.19%


N/A
N/A

DCASS Statistics (derivatives market)

Nov 2012

Oct 2012

% Change

Month-end Open Interest (contracts)

 

 

 

    Equity Index Futures

394,623

401,865

-1.8%

    Stock Futures

21,687

19,029

14.0%

    Interest Rates Futures

5

5

0.0%

  RMB Currency Futures

3,551

1,956

81.5%

 Gold Futures

0

0

-

 Equity Index Options

1,239,188

1,091,156

13.6%

  Stock Options

5,950,943

5,444,148

9.3%

 

Year-to-date Statistics

Securities Market

Nov 2012
YTD

Nov 2011
YTD

% Change

No. of newly listed companies #

57

81

-30%

Average daily turnover by value ($Mil.) ^

53,233

71,792

-26%

Average share traded per trading day (Mil. Shares)

139,335

164,482

-15%

Average no. of trades per trading day

770,885

890,302

-13%

Fund raised by IPOs ($Mil.)

53,433

218,738

-76%

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

228,681

417,151

-45%

Derivatives Market

Nov 2012
YTD

Nov 2011
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

189,582

208,079

-8.9%

– Stock Futures

1,266

1,869

-32.3%

– Interest Rates Futures

1

3

-66.7%

– RMB Currency Futures

254

-

-

– Gold Futures

-

16

-

– Equity Index Options

67,629

64,041

5.6%

– Stock Options

227,246

310,333

-26.8%

Clearing & Settlement

Nov 2012
YTD

Nov 2011
YTD

% Change

Average daily number of exchange trades handled by CCASS

770,380

889,674

-13.41%

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

72,094

84,794

-14.98%

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

334

487

-31.42%

# Includes the number of transfer of listings 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 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

227,986

2012/11/27

223,864

2012/11/27

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

832,396

2012/11/28

Stock Futures

27,966

2007/03/28

26,482

2011/08/25

HSCEI Dividend Point Index Futures

20,802

2012/05/24

77,555

2012/10/29

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