HKEX Monthly Market Highlights - August 2016 
31/08/2016 
 
Highlights

- Securities Market

  • The average daily turnover for the first eight months of 2016 was $67.0 billion, a decrease of 45 per cent when compared with $121.5 billion for the same period last year.
  • The average daily turnover of CBBCs for the first eight months of 2016 was $5.9 billion, a decrease of 17 per cent when compared with $7.1 billion for the same period last year.
  • There were 68* newly listed companies for the first eight months of 2016, a decrease of 9 per cent when compared with 75* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first eight months of 2016 was 758,223 contracts, a decrease of 7 per cent when compared with the 815,473 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first eight months of 2016 was 1,880 contracts, an increase of 105 per cent when compared with the 917 contracts for the same period last year.
  • On 16 August 2016, the open interest of HSCEI Dividend Point Index Futures reached a record high of 179,161 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Aug 2016

Aug 2015

End 2015

No. of listed companies

 1,926

1,810

 1,866

Total market capitalisation ($Bil.)

25,196.5

23,713.1

24,683.7

No. of newly listed companies *

5

6

138

No. of listed securities

8,849

10,302

9,015

No. of equity warrants

13

14

13

No. of derivatives warrants

3,936

5,752

4,590

No. of CBBCs

1,988

1,843

1,630

No. of unit trusts

157

143

145

No. of debt securities

821

732

762

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


Securities Market Turnover (Main Board and GEM)

 

Aug 2016

Jul 2016

% Change

Monthly turnover ($Mil.) *

1,509,259

1,234,945

22.2%

Average daily turnover by value ($Mil.) *

68,603

61,747

11.1%

No. of trading days

22

20

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Aug 2016
($Mil)

Jul 2016
($Mil)

% Change

Equities

1,054,242.06
(69.9%)

821,421.86
(66.5%)

28.3%

Derivative warrants

210,188.02
(13.9%)

219,924.57
(17.8%)

-4.4%

CBBCs

121,016.13
(8.0%)

114,329.20
(9.3%)

5.8%

Unit Trusts
(include ETFs)

121,451.52
(8.0%)

77,215.15
(6.3%)

57.3%

( ) % 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 2016 was $19,944 million (1.3% of the securities market total turnover).

 

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

 

Aug 2016

Aug 2015

End 2015

No. of H shares

 234

213

229

No. of Red chips Stocks

152

 144

145

No. of Mainland private enterprises

 596

563

577

Market capitalisation (% of market total)

63.6%

61.8%

62.1%

Turnover value (% of equity turnover)

73.7%

71.9%

72.7%

 

Index Performance
Month-end figures

 

Aug 2016

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

28727.37

6.2%

7.7%

S&P/HKEX GEM Index

385.74

4.8%

-16.8%

Hang Seng Index

22976.88

5.0%

6.0%

Hang Seng China Enterprises Index#

9541.80

6.5%

-2.0%

Hang Seng China-Affiliated Corporations Index*

3914.68

5.4%

-3.2%

CES China 120 Index ^

5029.89

5.7%

7.0%

CES China HK Mainland Index +

5770.21

6.9%

7.2%

# - 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 2016

Jul 2016

% Change

Total Futures

288,186

318,921

-9.6%

Hang Seng Index Futures

114,618

133,132

-13.9%

Mini Hang Seng Index Futures

42,552

50,580

-15.9%

H-shares Index Futures

111,451

116,224

-4.1%

Mini H-shares Index Futures

15,780

15,937

-1.0%

HSI Dividend Point Index Futures

0

0

-

HSCEI Dividend Point Index Futures

2,107

1,155

82.4%

HSI Volatility Index Futures

0

0

-

CES China 120 Index Futures

2

4

-50.0%

CES Gaming Top 10 Index Futures

0

0

-

Hang Seng Mainland Oil & Gas Index Futures

0

0

-

Hang Seng Mainland Banks Index Futures

0

0

-

Hang Seng Mainland Healthcare Index Futures

0

0

-

Hang Seng Mainland Properties Index Futures

0

0

-

Hang Seng IT Hardware Index Futures

0

0

-

Hang Seng Software & Services Index Futures

0

0

-

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

634

536

18.3%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

915

1,028

-11.0%

RMB Currency Futures - EUR/CNH Futures

13

7

85.7%

RMB Currency Futures - JPY/CNH Futures

6

10

-40.0%

RMB Currency Futures - AUD/CNH Futures

1

0

-

RMB Currency Futures - CNH/USD Futures

14

7

100.0%

London Aluminium Mini Futures

5

7

-28.6%

London Zinc Mini Futures

25

38

-34.2%

London Copper Mini Futures

5

33

-84.8%

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

57

224

-74.6%

London Tin Mini Futures

0

1

-100.0%

Total Options

408,727

369,420

10.6%

Hang Seng Index Options

32,932

37,029

-11.1%

Mini Hang Seng Index Options

5,404

5,348

1.0%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

70,435

66,878

5.3%

Flexible H-shares Index Options

0

0

-

Stock Options

299,955

260,164

15.3%

Total Futures and Options

696,912

688,341

1.2%

 

Clearing and Settlement

CCASS Statistics (securities market)

Aug 2016

Jul 2016

% Change

Average daily number of exchange trades handled by CCASS

1,042,738

988,506

5.49%

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

81,421

80,443

1.22%

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

318

288

10.42%

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

99.90

99.90

N/A

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


74.55
57.03


73.80
56.51


N/A
N/A

DCASS Statistics (derivatives market)

Aug 2016

Jul 2016

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

669,249

696,507

-3.9%

  Stock Futures

4,518

4,558

-0.9%

  Interest Rates Futures

0

0

-

  RMB Currency Futures

28,526

27,738

2.8%

  London Metal Mini Futures

213

293

-27.3%

  Equity Index Options

2,741,552

2,457,239

11.6%

  Stock Options

6,492,760

5,908,805

9.9%

 

Year-to-date Statistics

Securities Market

Aug 2016
YTD

Aug 2015
YTD

% Change

No. of newly listed companies #

68

75

-9.3%

Average daily turnover by value ($Mil.) ^

66,955

121,458

-44.9%

Average share traded per trading day (Mil. Shares)

199,726

219,817

-9.1%

Average no. of trades per trading day

1,087,624

1,576,212

-31.0%

Fund raised by IPOs ($Mil.)

75,094

155,629

-51.7%

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

208,345

834,844

-75.0%

Derivatives Market

Aug 2016
YTD

Aug 2015
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

346,247

285,523

21.3%

– Stock Futures

1,027

3,491

-70.6%

– Interest Rates Futures

0

1

-100.0%

– RMB Currency Futures

1,880

917

105.0%

– London Metal Mini Futures

144

218

-33.9%

– Equity Index Options

119,056

94,455

26.0%

– Stock Options

289,868

430,869

-32.7%

Clearing & Settlement

Aug 2016 YTD

Aug 2015
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,086,930

1,522,680

-28.62%

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

82,659

106,058

-22.06%

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

272

527

-48.39%

# 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 2016

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

2015/04/09

293,910,756,648

2

2015/04/13

266,098,632,854

3

2015/04/08

252,396,050,844

4

2015/04/14

239,903,336,931

5

2015/07/08

237,429,139,110

6

2015/04/10

222,888,834,174

7

2015/04/15

218,018,391,899

8

2015/04/17

215,953,404,099

9

2015/07/06

214,812,393,078

10

2015/07/09

213,825,663,405

 

Top 10 Market Capitalisation
(Main Board and GEM)

Rank

Date

Market Capitalisation ($)

1

2015/05/26

31,549,926,214,937

2

2015/05/27

31,365,605,931,773

3

2015/05/04

31,230,244,838,810

4

2015/04/27

31,207,701,541,939

5

2015/04/28

31,201,357,832,733

6

2015/04/29

31,147,874,933,908

7

2015/05/22

31,110,175,634,968

8

2015/05/19

31,108,059,908,400

9

2015/06/01

31,107,316,498,262

10

2015/04/30

30,995,152,430,547

 

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

1,221,324

2015/04/13

11,159,128

2015/05/27

H-shares Index Futures

467,559

2015/08/26

519,817

2015/12/29

Hang Seng Index Futures

271,426

2013/06/25

198,789

2007/06/27

H-shares Index Options

188,957

2015/09/04

2,878,193

2016/06/28

Mini Hang Seng Index Futures

141,519

2016/06/24

21,682

2011/06/17

Hang Seng Index Options

116,835

2011/08/05

560,087

2012/06/27

Mini H-shares Index Futures

74,511

2015/07/08

16,436

2014/12/11

Stock Futures

27,966

2007/03/28

47,050

2013/03/27

HSCEI Dividend Point Index Futures

25,553

2016/01/07

179,161

2016/08/16

Mini Hang Seng Index Options

14,726

2016/06/24

32,651

2012/05/29