HKEX Monthly Market Highlights - October 2016 
31/10/2016 
 

HKEX Monthly Market Highlights for October 2016

Highlights

- Securities Market

  • The average daily turnover for the first 10 months of 2016 was $67.1 billion, a decrease of 41 per cent when compared with $113.5 billion for the same period last year.
  • Funds raised through IPOs for the first 10 months of 2016 was $166.2 billion, a decrease of 17 per cent when compared with $199.5 billion for the same period last year.
  • There were 94* newly listed companies for the first 10 months of 2016, a decrease of 6 per cent when compared with 100* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first 10 months of 2016 was 762,518 contracts, a decrease of 4 per cent when compared with the 796,608 contracts for the same period last year.
  • The average daily turnover of equity index options for the first 10 months of 2016 was 122,067 contracts, an increase of 25 per cent when compared with the 97,618 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first 10 months of 2016 was 1,841 contracts, an increase of 93 per cent when compared with the 956 contracts for the same period last year.
  • On 27 October 2016, the open interest of Mini H-shares Index Options reached a record high of 13,842 contracts.
  • On 28 October 2016, the open interest of HSCEI Dividend Point Index Futures and RMB Currency Futures - USD/CNH Futures reached a record high of 179,276 contracts and 36,153 contracts respectively.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Oct 2016

Oct 2015

End 2015

No. of listed companies

 1,943

1,830

 1,866

Total market capitalisation ($Bil.)

25,412.9

25,081.3

24,683.7

No. of newly listed companies *

19

16

138

No. of listed securities

8,887

10,075

9,015

No. of equity warrants

11

13

13

No. of derivatives warrants

3,831

5,410

4,590

No. of CBBCs

2,076

1,935

1,630

No. of unit trusts

163

145

145

No. of debt securities

854

734

762

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

 

Securities Market Turnover (Main Board and GEM)

 

Oct 2016

Sep 2016

% Change

Monthly turnover ($Mil.) *

1,157,019

1,559,001

-25.8%

Average daily turnover by value ($Mil.) *

60,896

74,238

-18.0%

No. of trading days

19

21

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Oct 2016
($Mil)

Sep 2016
($Mil)

% Change

Equities

832,833.46
(72.0%)

1,149,977.24
(73.8%)

-27.6%

Derivative warrants

160,848.06
(13.9%)

188,473.25
(12.1%)

-14.7%

CBBCs

102,999.32
(8.9%)

121,806.56
(7.8%)

-15.4%

Unit Trusts
(include ETFs)

58,374.03
(5.0%)

96,735.33
(6.2%)

-39.7%

( ) % 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 October 2016 was $16,250 million (1.4% of the securities market total turnover).

  

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

 

Oct 2016

Oct 2015

End 2015

No. of H shares

 236

217

229

No. of Red chips Stocks

152

 145

145

No. of Mainland private enterprises

 599

565

577

Market capitalisation (% of market total)

63.0%

62.2%

62.1%

Turnover value (% of equity turnover)

71.9%

71.8%

72.7%

 

Index Performance
Month-end figures

 

Oct 2016

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

28886.15

-1.2%

3.9%

S&P/HKEX GEM Index

385.73

-1.8%

-21.4%

Hang Seng Index

22934.54

-1.6%

1.3%

Hang Seng China Enterprises Index#

9559.39

-0.2%

-8.1%

Hang Seng China-Affiliated Corporations Index*

3762.24

-2.6%

-9.3%

CES China 120 Index ^

5051.91

0.9%

3.2%

CES China HK Mainland Index +

5688.48

-2.6%

0.5%

# - 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)

Oct 2016

Sep 2016

% Change

Total Futures

310,137

358,109

-13.4%

Hang Seng Index Futures

123,542

137,419

-10.1%

Mini Hang Seng Index Futures

48,896

54,675

-10.6%

H-shares Index Futures

115,990

139,653

-16.9%

Mini H-shares Index Futures

17,468

21,044

-17.0%

HSI Dividend Point Index Futures

0

5

-100.0%

HSCEI Dividend Point Index Futures

1,969

2,754

-28.5%

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

481

798

-39.7%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

1,699

1,599

6.3%

RMB Currency Futures - EUR/CNH Futures

1

7

-85.7%

RMB Currency Futures - JPY/CNH Futures

0

2

-100.0%

RMB Currency Futures - AUD/CNH Futures

0

2

-100.0%

RMB Currency Futures - CNH/USD Futures

39

25

56.0%

London Aluminium Mini Futures

9

7

28.6%

London Zinc Mini Futures

18

37

-51.4%

London Copper Mini Futures

4

15

-73.3%

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

19

66

-71.2%

London Tin Mini Futures

0

0

-

Total Options

383,574

503,482

-23.8%

Hang Seng Index Options

35,847

41,993

-14.6%

Mini Hang Seng Index Options

6,701

6,546

2.4%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

72,147

99,356

-27.4%

Mini H-shares Index Options *

1,735

3,136

-44.7%

Flexible H-shares Index Options

189

45

320.0%

Stock Options

266,955

352,704

-24.3%

Total Futures and Options

693,711

861,591

-19.5%

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

 

Clearing and Settlement

CCASS Statistics (securities market)

Oct 2016

Sep 2016

% Change

Average daily number of exchange trades handled by CCASS

1,026,050

1,109,007

-7.48%

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

82,242

85,638

-3.97%

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

261

333

-21.62%

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

99.94

99.92

N/A

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


74.28
57.16


74.21
57.22


N/A
N/A

DCASS Statistics (derivatives market)

Oct 2016

Sep 2016

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

710,567

686,003

3.6%

  Stock Futures

3,775

4,040

-6.6%

  Interest Rates Futures

0

0

-

  RMB Currency Futures

36,909

33,886

8.9%

  London Metal Mini Futures

233

229

1.7%

  Equity Index Options

3,111,178

2,872,385

8.3%

  Stock Options

6,392,020

6,045,816

5.7%

 

Year-to-date Statistics

Securities Market

Oct 2016
YTD

Oct 2015
YTD

% Change

No. of newly listed companies #

94

100

-6.0%

Average daily turnover by value ($Mil.) ^

67,142

113,498

-40.8%

Average share traded per trading day (Mil. Shares)

191,599

220,896

-13.3%

Average no. of trades per trading day

1,084,201

1,517,313

-28.5%

Fund raised by IPOs ($Mil.)

166,231

199,501

-16.7%

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

378,132

923,689

-59.1%

Derivatives Market

Oct 2016
YTD

Oct 2015
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

343,456

290,355

18.3%

– Stock Futures

950

3,165

-70.0%

– Interest Rates Futures

0

0

-

– RMB Currency Futures

1,841

956

92.6%

– London Metal Mini Futures

133

219

-39.3%

– Equity Index Options

122,067

97,618

25.0%

– Stock Options

294,070

404,294

-27.3%

Clearing & Settlement

Oct 2016 YTD

Oct 2015
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,083,515

1,468,672

-26.22%

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

82,928

103,567

-19.93%

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

277

480

-42.29%

# 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 October 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

179,276

2016/10/28

Mini Hang Seng Index Options

14,726

2016/06/24

32,651

2012/05/29