HKEX Monthly Market Highlights - November 2016 
30/11/2016 
 
HKEX Monthly Market Highlights for November 2016

Highlights

- Securities Market

  • The average daily turnover for the first 11 months of 2016 was $67.2 billion, a decrease of 39 per cent when compared with $109.9 billion for the same period last year.
  • The average daily turnover of CBBCs for the first 11 months of 2016 was $5.7 billion, a decrease of 24 per cent when compared with $7.5 billion for the same period last year.
  • There were 109* newly listed companies for the first 11 months of 2016, a decrease of 4 per cent when compared with 113* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first 11 months of 2016 was 764,714 contracts, a decrease of 2 per cent when compared with the 783,940 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first 11 months of 2016 was 2,010 contracts, an increase of 109 per cent when compared with the 964 contracts for the same period last year.
  • HSCEI Dividend Point Index Futures, H-shares Index Options and RMB Currency Futures - USD/CNH Futures reached a record high of open interest of 181,445 contracts (24 November), 3,089,762 contracts (28 November) and 42,257 contracts (30 November) respectively.
  • On 9 and 28 November 2016, the turnover and the open interest of Mini H-shares Index Options reached a record high of 7,404 contracts and 16,714 contracts respectively.
  • On 9 November 2016, the turnover of Mini Hang Seng Index Options reached a record high of 17,771 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Nov 2016

Nov 2015

End 2015

No. of listed companies

 1,957

1,842

 1,866

Total market capitalisation ($Bil.)

25,526.1

24,530.1

24,683.7

No. of newly listed companies *

15

13

138

No. of listed securities

8,929

9,650

9,015

No. of equity warrants

10

12

13

No. of derivatives warrants

3,845

5,127

4,590

No. of CBBCs

2,069

1,770

1,630

No. of unit trusts

165

147

145

No. of debt securities

873

744

762

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

 

Securities Market Turnover (Main Board and GEM)

 

Nov 2016

Oct 2016

% Change

Monthly turnover ($Mil.) *

1,488,891

1,157,019

28.7%

Average daily turnover by value ($Mil.) *

67,677

60,896

11.1%

No. of trading days

22

19

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Nov 2016
($Mil)

Oct 2016
($Mil)

% Change

Equities

1,113,703.39
(74.8%)

832,833.46
(72.0%)

33.7%

Derivative warrants

175,216.52
(11.8%)

160,848.06
(13.9%)

8.9%

CBBCs

107,513.49
(7.2%)

102,999.32
(8.9%)

4.4%

Unit Trusts
(include ETFs)

88,922.09
(6.0%)

58,374.03
(5.0%)

52.3%

( ) % 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 November 2016 was $18,090 million (1.2% of the securities market total turnover).

 

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

 

Nov 2016

Nov 2015

End 2015

No. of H shares

 239

220

229

No. of Red chips Stocks

153

 145

145

No. of Mainland private enterprises

 602

571

577

Market capitalisation (% of market total)

62.9%

62.3%

62.1%

Turnover value (% of equity turnover)

70.6%

72.9%

72.7%

 

Index Performance
Month-end figures

 

Nov 2016

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

28777.87

-0.4%

6.1%

S&P/HKEX GEM Index

372.86

-3.3%

-23.1%

Hang Seng Index

22789.77

-0.6%

3.6%

Hang Seng China Enterprises Index#

9838.06

2.9%

0.5%

Hang Seng China-Affiliated Corporations Index*

3756.78

-0.1%

-7.2%

CES China 120 Index ^

5276.87

4.5%

8.4%

CES China HK Mainland Index +

5646.51

-0.7%

3.3%

# - 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)

Nov 2016

Oct 2016

% Change

Total Futures

329,514

310,137

6.2%

Hang Seng Index Futures

126,122

123,542

2.1%

Mini Hang Seng Index Futures

51,082

48,896

4.5%

H-shares Index Futures

127,444

115,990

9.9%

Mini H-shares Index Futures

18,858

17,468

8.0%

HSI Dividend Point Index Futures

23

0

-

HSCEI Dividend Point Index Futures

1,628

1,969

-17.3%

HSI Volatility Index Futures

0

0

-

CES China 120 Index Futures

1

2

-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

696

481

44.7%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

3,535

1,699

108.1%

RMB Currency Futures - EUR/CNH Futures

7

1

600.0%

RMB Currency Futures - JPY/CNH Futures

0

0

-

RMB Currency Futures - AUD/CNH Futures

0

0

-

RMB Currency Futures - CNH/USD Futures

40

39

2.6%

London Aluminium Mini Futures

6

9

-33.3%

London Zinc Mini Futures

22

18

22.2%

London Copper Mini Futures

7

4

75.0%

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

40

19

110.5%

London Tin Mini Futures

0

0

-

Total Options

455,664

383,574

18.8%

Hang Seng Index Options

37,487

35,847

4.6%

Mini Hang Seng Index Options

6,743

6,701

0.6%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

85,316

72,147

18.3%

Mini H-shares Index Options

2,883

1,735

66.2%

Flexible H-shares Index Options

64

189

-66.1%

Stock Options

323,171

266,955

21.1%

Total Futures and Options

785,177

693,711

13.2%

  

Clearing and Settlement

CCASS Statistics (securities market)

Nov 2016

Oct 2016

% Change

Average daily number of exchange trades handled by CCASS

1,107,985

1,026,050

7.99%

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

81,615

82,242

-0.76%

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

268

261

2.68%

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

99.89

99.94

N/A

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


74.37
56.87


74.28
57.16


N/A
N/A

DCASS Statistics (derivatives market)

Nov 2016

Oct 2016

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

624,120

710,567

-12.2%

  Stock Futures

5,885

3,775

55.9%

  Interest Rates Futures

0

0

-

  RMB Currency Futures

43,365

36,909

17.5%

  London Metal Mini Futures

92

233

-60.5%

  Equity Index Options

3,345,169

3,111,178

7.5%

  Stock Options

7,246,820

6,392,020

13.4%

 

Year-to-date Statistics

Securities Market

Nov 2016
YTD

Nov 2015
YTD

% Change

No. of newly listed companies #

109

113

-3.5%

Average daily turnover by value ($Mil.) ^

67,194

109,928

-38.9%

Average share traded per trading day (Mil. Shares)

188,308

220,670

-14.7%

Average no. of trades per trading day

1,086,605

1,483,197

-26.7%

Fund raised by IPOs ($Mil.)

178,212

219,019

-18.6%

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

416,581

977,020

-57.4%

Derivatives Market

Nov 2016
YTD

Nov 2015
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

341,683

292,870

16.7%

– Stock Futures

926

3,022

-69.4%

– Interest Rates Futures

0

0

-

– RMB Currency Futures

2,010

964

108.5%

– London Metal Mini Futures

127

225

-43.6%

– Equity Index Options

123,078

97,042

26.8%

– Stock Options

296,890

389,816

-23.8%

Clearing & Settlement

Nov 2016 YTD

Nov 2015
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,085,908

1,435,795

-24.36%

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

82,800

101,868

-18.72%

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

276

458

-39.74%

# 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 November 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

3,089,762

2016/11/28

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

181,445

2016/11/24

Mini Hang Seng Index Options

17,771

2016/11/09

32,651

2012/05/29