HKEx Monthly Market Highlights - August 2014 
31/08/2014 
 

Highlights

- Securities Market

  • On 27 August 2014, market capitalisation reached a record high of $26,125.9 billion.
  • The average daily turnover for the first eight months of 2014 was $64,373 million, an increase of 0.2 per cent when compared with $64,258 million for the same period last year.
  • There were 84* newly listed companies for the first eight months of 2014, an increase of 127 per cent when compared with the 37* for the same period last year.
  • Funds raised through IPOs for the first eight months of 2014 was $126,424 million, an increase of 182 per cent when compared with $44,910 million for the same period last year.
  • The turnover of ETFs for August 2014 was $135,464 million, a record high.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first eight months of 2014 was 529,371 contracts, a decrease of 3 per cent when compared with the 543,613 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first eight months of 2014 was 839 contracts, an increase of 53 per cent when compared with the 547 contracts for the same period last year.
  • The average daily turnover of Stock Options for the first eight months of 2014 was 272,411 contracts, an increase of 8 per cent when compared with the 252,097 contracts for the same period last year.

 
* Includes any transfers of listing from GEM to Main Board

 

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

 

Aug 2014

Aug 2013

End 2013

No. of listed companies

 1,716

1,578

 1,643

Total market capitalisation ($Bil.)

25,985.0

21,737.6

24,042.8

No. of newly listed companies *

8

4

110

No. of listed securities

9,305

8,213

8,522

No. of equity warrants

6

10

8

No. of derivatives warrants

4,819

4,694

4,715

No. of CBBCs

2,067

1,442

1,620

No. of unit trusts

132

124

129

No. of debt securities

561

361

403

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

 

Securities Market Turnover (Main Board and GEM)

 

Aug 2014

Jul 2014

% Change

Monthly turnover ($Mil.) *

1,516,775

1,425,595

6%

Average daily turnover by value ($Mil.) *

72,227

64,800

11%

No. of trading days

21

22

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Aug 2014
($Mil)

Jul 2014
($Mil)

% Change

Equities

1,027,348.64
(67.7%)

1,057,398.38
(74.2%)

-2.8%

Derivative warrants

225,345.24
(14.9%)

178,636.51
(12.5%)

26.1%

CBBCs

119,182.26
(7.9%)

97,209.47
(6.8%)

22.6%

Unit Trusts
(include ETFs)

141,980.03
(9.4%)

91,525.56
(6.4%)

55.1%

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

 

ATS Transactions

The total turnover of automated trading services’ (ATS) transactions for August 2014 was $19,436 million (1.3 % of the securities market total turnover).

 

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

 

Aug 2014

Aug 2013

End 2013

No. of H shares

 195

176

182

No. of Red chips Stocks

130

 122

122

No. of Mainland private enterprises

 529

450

493

Market capitalisation (% of market total)

59.0%

56.6%

56.9%

Turnover value (% of equity turnover)

69.3%

72.3%

71.6%

 

Index Performance
Month-end figures

 

Aug 2014

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEx LargeCap Index

30091.61

-0.1%

15.3%

S&P/HKEx GEM Index

528.47

1.7%

28.4%

Hang Seng Index

24742.06

-0.1%

13.9%

Hang Seng China Enterprises Index#

10963.59

-1.5%

11.6%

Hang Seng China-Affiliated Corporations Index*

4813.11

2.0%

13.3%

CES China 120 Index ^

4099.37

-1.3%

7.9%

CES China HK Mainland Index +

5967.45

0.1%

15.1%

# - tracks H shares
* - tracks Red chips
^ - tracks 80 Mainland-listed companies and 40 Hong Kong-listed Mainland enterprises
+ - tracks 40 Hong Kong-listed Mainland enterprises

 

Derivatives Market Turnover

 

Average Daily Volume (Contracts)

Aug 2014

Jul 2014

% Change

Total Futures

186,119

172,895

7.6%

Hang Seng Index Futures

68,141

61,538

10.7%

Mini Hang Seng Index Futures

25,637

24,647

4.0%

H-shares Index Futures

76,482

72,998

4.8%

Mini H-shares Index Futures

11,965

10,257

16.7%

HSI Dividend Point Index Futures

131

114

14.9%

HSCEI Dividend Point Index Futures

630

1,059

-40.5%

HSI Volatility Index Futures

1

3

-66.7%

CES China 120 Index Futures

192

187

2.7%

IBOVESPA Futures

0

0

-

MICEX Index Futures

0

0

-

S&P BSE Sensex Index Futures

0

0

-

FTSE/JSE Top40 Futures

0

0

-

Stock Futures

2,234

1,460

53.0%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

3-Year Exchange Fund Note Futures

0

0

-

RMB Currency Futures - USD/CNH Futures 

707

632

11.9%

Gold Futures

0

0

-

Total Options

371,416

349,147

6.4%

Hang Seng Index Options

28,199

26,999

4.4%

Mini Hang Seng Index Options

3,757

3,590

4.7%

Flexible Hang Seng Index Options

0

9

-100.0%

H-shares Index Options

27,732

32,077

-13.5%

Flexible H-shares Index Options

284

450

-36.9%

Stock Options

311,444

286,022

8.9%

Total Futures and Options

557,535

522,042

6.8%

 

Clearing and Settlement

CCASS Statistics (securities market)

Aug 2014

Jul 2014

% Change

Average daily number of exchange trades handled by CCASS

1,042,539

972,717

7.18%

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

88,554

84,037

5.38%

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

415

406

2.22%

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

99.92

99.91

N/A

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


71.09
53.07


70.57
53.02


N/A
N/A

DCASS Statistics (derivatives market)

Aug 2014

Jul 2014an8

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

422,898

473,100

-10.6%

  Stock Futures

25,241

18,739

34.7%

  Interest Rates Futures

5

5

0.0%

  RMB Currency Futures

10,247

10,516

-2.6%

  Gold Futures

0

0

-

  Equity Index Options

1,436,755

1,379,161

4.2%

  Stock Options

6,658,000

6,035,171

10.3%

 

Year-to-date Statistics

Securities Market

Aug 2014
YTD

Aug 2013
YTD

% Change

No. of newly listed companies #

84

37

127.0%

Average daily turnover by value ($Mil.) ^

64,373

64,258

0.2%

Average share traded per trading day (Mil. Shares)

129,495

152,644

-15.2%

Average no. of trades per trading day

1,020,962

946,192

7.9%

Fund raised by IPOs ($Mil.)

126,424

44,910

181.5%

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

584,891

159,383ust

267.0%

Derivatives Market

Aug 2014
YTD

Aug 2013
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

188,335

214,099

-12.0%

– Stock Futures

1,592

2,110

-24.5%

– Interest Rates Futures

0

0

-

– RMB Currency Futures

839

547

53.4%

– Gold Futures

0

0

-

– Equity Index Options

66,194

74,760

-11.5%

– Stock Options

272,411

252,097

8.1%

Clearing & Settlement

Aug 2014
YTD

Aug 2013
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,020,317

945,155

7.95%

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

86,915

82,633

5.18%

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

385

399

-3.51%

# Includes the number of transfer of listings from GEM to Main Board
^  Turnover value for traded in non-HKD currency securities have been included
* Provisional figures only

 

Historical Records
up to 31 August 2014

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

2014/08/27

26,125,876,675,610

2

2014/08/20

26,023,954,416,676

3

2014/08/25

25,989,583,755,914

4

2014/08/19

25,985,597,042,420

5

2014/08/29

25,985,045,514,524

6

2014/08/22

25,972,811,547,645

7

2014/08/28

25,928,553,739,197

8

2014/08/26

25,901,086,203,549

9

2014/08/21

25,879,857,788,091

10

2014/08/18

25,831,893,868,719

 

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

H-shares Index Futures

389,031

2013/06/25

334,575

2013/12/24

Hang Seng Index Futures

271,426

2013/06/25

198,789

2007/06/27

Hang Seng Index Options

116,835

2011/08/05

560,087

2012/06/27

H-shares Index Options

113,156

2013/11/19

1,437,711

2013/12/19

Mini Hang Seng Index Futures

86,812

2011/08/09

21,682

2011/06/17

Stock Futures

27,966

2007/03/28

47,050

2013/03/27

Mini H-shares Index Futures

21,823

2014/04/10

6,951

2013/09/23

HSCEI Dividend Point Index Futures

20,802

2012/05/24

95,673

2013/11/19

Mini Hang Seng Index Options

13,917

2012/05/18

32,651

2012/05/29