HKEX Monthly Market Highlights - September 2016 
30/09/2016 
 
Highlights

- Securities Market

  • The average daily turnover for the first nine months of 2016 was $67.8 billion, a decrease of 42 per cent when compared with $117.2 billion for the same period last year.
  • There were 75* newly listed companies for the first nine months of 2016, a decrease of 11 per cent when compared with 84* for the same period last year.
  • Funds raised through IPOs for the first nine months of 2016 was $134.3 billion, a decrease of 14 per cent when compared with $156.4 billion for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first nine months of 2016 was 769,956 contracts, a decrease of 5 per cent when compared with the 812,043 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first nine months of 2016 was 1,852 contracts, an increase of 90 per cent when compared with the 974 contracts for the same period last year.
  • On 27 September 2016, the turnover of Hang Seng Index Futures reached a record high of 316,855 contracts.
  • On 28 September 2016, the open interest of H-shares Index Options reached a record high of 2,913,053 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Sep 2016

Sep 2015

End 2015

No. of listed companies

 1,930

1,816

 1,866

Total market capitalisation ($Bil.)

25,595.0

23,190.1

24,683.7

No. of newly listed companies *

7

9

138

No. of listed securities

9,060

10,221

9,015

No. of equity warrants

12

14

13

No. of derivatives warrants

4,006

5,633

4,590

No. of CBBCs

2,105

1,871

1,630

No. of unit trusts

158

143

145

No. of debt securities

841

736

762

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

 

Securities Market Turnover (Main Board and GEM)

 

Sep 2016

Aug 2016

% Change

Monthly turnover ($Mil.) *

1,559,001

1,509,259

3.3%

Average daily turnover by value ($Mil.) *

74,238

68,603

8.2%

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)

 

Sep 2016
($Mil)

Aug 2016
($Mil)

% Change

Equities

1,149,977.24
(73.8%)

1,054,242.06
(69.9%)

9.1%

Derivative warrants

188,473.25
(12.1%)

210,188.02
(13.9%)

-10.3%

CBBCs

121,806.56
(7.8%)

121,016.13
(8.0%)

0.7%

Unit Trusts
(include ETFs)

96,735.33
(6.2%)

121,451.52
(8.0%)

-20.4%

( ) % 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 September 2016 was $20,820 million (1.3% of the securities market total turnover).

 

Mainland Enterprises (Main Board and GEM)

Month-end figures

 

Sep 2016

Sep 2015

End 2015

No. of H shares

 235

212

229

No. of Red chips Stocks

152

 144

145

No. of Mainland private enterprises

 595

564

577

Market capitalisation (% of market total)

63.3%

61.9%

62.1%

Turnover value (% of equity turnover)

71.2%

70.8%

72.7%

 

Index Performance
Month-end figures

 

Sep 2016

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

29251.49

1.8%

14.4%

S&P/HKEX GEM Index

392.83

1.8%

-14.9%

Hang Seng Index

23297.15

1.4%

11.8%

Hang Seng China Enterprises Index#

9581.93

0.4%

1.9%

Hang Seng China-Affiliated Corporations Index*

3861.20

-1.4%

-1.0%

CES China 120 Index ^

5006.54

-0.5%

10.5%

CES China HK Mainland Index +

5838.56

1.2%

12.7%

# - 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)

Sep 2016

Aug 2016

% Change

Total Futures

358,109

288,186

24.3%

Hang Seng Index Futures

137,419

114,618

19.9%

Mini Hang Seng Index Futures

54,675

42,552

28.5%

H-shares Index Futures

139,653

111,451

25.3%

Mini H-shares Index Futures

21,044

15,780

33.4%

HSI Dividend Point Index Futures

5

0

-

HSCEI Dividend Point Index Futures

2,754

2,107

30.7%

HSI Volatility Index Futures

0

0

-

CES China 120 Index Futures

2

2

0.0%

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

798

634

25.9%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

1,599

915

74.8%

RMB Currency Futures - EUR/CNH Futures

7

13

-46.2%

RMB Currency Futures - JPY/CNH Futures

2

6

-66.7%

RMB Currency Futures - AUD/CNH Futures

2

1

100.0%

RMB Currency Futures - CNH/USD Futures

25

14

78.6%

London Aluminium Mini Futures

7

5

40.0%

London Zinc Mini Futures

37

25

48.0%

London Copper Mini Futures

15

5

200.0%

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

66

57

15.8%

London Tin Mini Futures

0

0

-

Total Options

503,482

408,727

23.2%

Hang Seng Index Options

41,993

32,932

27.5%

Mini Hang Seng Index Options

6,546

5,404

21.1%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

99,356

70,435

41.1%

Mini H-shares Index Options *

3,136

-

-

Flexible H-shares Index Options

45

0

-

Stock Options

352,704

299,955

17.6%

Total Futures and Options

861,591

696,912

23.6%

* Trading in Mini H-shares Index Options commenced on 05 Sep 2016

 

Clearing and Settlement

CCASS Statistics (securities market)

Sep 2016

Aug 2016

% Change

Average daily number of exchange trades handled by CCASS

1,109,007

1,042,738

6.36%

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

85,638

81,421

5.18%

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

333

318

4.72%

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

99.92

99.90

N/A

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


74.21
57.22


74.55
57.03


N/A
N/A

DCASS Statistics (derivatives market)

Sep 2016

Aug 2016

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

686,003

669,249

2.5%

  Stock Futures

4,040

4,518

-10.6%

  Interest Rates Futures

0

0

-

  RMB Currency Futures

33,886

28,526

18.8%

  London Metal Mini Futures

229

213

7.5%

  Equity Index Options

2,872,385

2,741,552

4.8%

  Stock Options

6,045,816

6,492,760

-6.9%

 

Year-to-date Statistics

Securities Market

Sep 2016
YTD

Sep 2015
YTD

% Change

No. of newly listed companies #

75

84

-10.7%

Average daily turnover by value ($Mil.) ^

67,787

117,181

-42.2%

Average share traded per trading day (Mil. Shares)

195,054

219,532

-11.2%

Average no. of trades per trading day

1,090,138

1,546,809

-29.5%

Fund raised by IPOs ($Mil.)

134,308

156,388

-14.1%

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

313,548

851,687

-63.2%

Derivatives Market

Sep 2016
YTD

Sep 2015
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

347,304

289,357

20.0%

– Stock Futures

1,001

3,330

-69.9%

– Interest Rates Futures

0

1

-100.0%

– RMB Currency Futures

1,852

974

90.1%

– London Metal Mini Futures

142

213

-33.3%

– Equity Index Options

122,656

98,232

24.9%

– Stock Options

297,001

419,937

-29.3%

Clearing & Settlement

Sep 2016 YTD

Sep 2015
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,089,449

1,496,045

-27.18%

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

82,999

104,554

-20.62%

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

279

501

-44.31%

# 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 30 September 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

316,855

2016/09/27

198,789

2007/06/27

H-shares Index Options

188,957

2015/09/04

2,913,053

2016/09/28

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