HKEX Monthly Market Highlights - January 2017 
31/01/2017 
 
Highlights

- Securities Market

  • The average daily turnover in January 2017 was $57.2 billion, a decrease of 30 per cent when compared with $82.2 billion for the same period last year.
  • Funds raised through IPOs in January 2017 was $6.4 billion, an increase of 39 per cent when compared with $4.6 billion for the same period last year.
  • There were 17* newly listed companies in January 2017, an increase of 113 per cent when compared with 8* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options in January 2017 was 646,892 contracts, a decrease of 31 per cent when compared with the 941,648 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures in January 2017 was 5,226 contracts, an increase of 60 per cent when compared with the 3,264 contracts for the same period last year.
  • On 5 January 2017, the turnover of RMB Currency Futures - USD/CNH Futures reached a record high of 20,338 contracts, and on 4 January 2017, the open interest reached a record high of 46,711 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Jan 2017

Jan 2016

End 2016

No. of listed companies

 1,990

1,873

 1,973

Total market capitalisation ($Bil.)

26,125.3

21,850.0

24,761.3

No. of newly listed companies *

17

8

126

No. of listed securities

8,745

8,953

8,591

No. of equity warrants

9

13

9

No. of derivatives warrants

3,678

4,566

3,705

No. of CBBCs

1,994

1,578

1,844

No. of unit trusts

157

146

157

No. of debt securities

907

768

892

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


Securities Market Turnover (Main Board and GEM)

 

Jan 2017

Dec 2016

% Change

Monthly turnover ($Mil.) *

1,087,286

1,277,777

-14.9%

Average daily turnover by value ($Mil.) *

57,226

63,889

-10.4%

No. of trading days

19

20

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Jan 2017
($Mil)

Dec 2016
($Mil)

% Change

Equities

750,109.40
(69.0%)

940,784.99
(73.6%)

-20.3%

Derivative warrants

199,608.27
(18.4%)

178,895.16
(14.0%)

11.6%

CBBCs

73,235.61
(6.7%)

78,264.80
(6.1%)

-6.4%

Unit Trusts
(include ETFs)

62,223.12
(5.7%)

78,505.45
(6.1%)

-20.7%

( ) % 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 January 2017 was $15,255 million (1.4% of the securities market total turnover).

 

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

 

Jan 2017

Jan 2016

End 2016

No. of H shares

 242

229

241

No. of Red chips Stocks

159

 151

153

No. of Mainland private enterprises

 610

577

608

Market capitalisation (% of market total)

63.0%

62.0%

63.3%

Turnover value (% of equity turnover)

70.8%

72.1%

70.6%

 

Index Performance
Month-end figures

 

Jan 2017

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

29637.21

6.1%

21.4%

S&P/HKEX GEM Index

366.25

2.2%

-12.3%

Hang Seng Index

23360.78

6.2%

18.7%

Hang Seng China Enterprises Index#

9804.05

4.4%

19.0%

Hang Seng China-Affiliated Corporations Index*

3768.56

5.0%

8.5%

CES China 120 Index ^

5238.41

3.7%

21.3%

CES China HK Mainland Index +

5784.47

4.9%

19.4%

# - 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)

Jan 2017

Dec 2016

% Change

Total Futures

261,275

292,140

-10.6%

Hang Seng Index Futures

97,745

106,672

-8.4%

Mini Hang Seng Index Futures

35,204

43,403

-18.9%

H-shares Index Futures

109,041

121,698

-10.4%

Mini H-shares Index Futures

11,669

14,223

-18.0%

HSI Dividend Point Index Futures

18

46

-60.9%

HSCEI Dividend Point Index Futures

1,778

843

110.9%

HSI Volatility Index Futures

1

0

-

CES China 120 Index Futures

2

7

-71.4%

CES Gaming Top 10 Index Futures

0

0

-

Hang Seng Mainland Oil & Gas Index Futures

0

0

-

Hang Seng Mainland Banks Index Futures

6

9

-33.3%

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

575

794

-27.6%

3-Month HIBOR Futures

0

2

-100.0%

1-Month HIBOR Futures

1

0

-

RMB Currency Futures - USD/CNH Futures

5,135

4,324

18.8%

RMB Currency Futures - EUR/CNH Futures

4

9

-55.6%

RMB Currency Futures - JPY/CNH Futures

0

1

-100.0%

RMB Currency Futures - AUD/CNH Futures

0

1

-100.0%

RMB Currency Futures - CNH/USD Futures

87

95

-8.4%

London Aluminium Mini Futures

2

1

100.0%

London Zinc Mini Futures

1

3

-66.7%

London Copper Mini Futures

1

0

-

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

3

9

-66.7%

London Tin Mini Futures

0

0

-

Total Options

385,617

435,892

-11.5%

Hang Seng Index Options

34,423

38,532

-10.7%

Mini Hang Seng Index Options

5,969

6,944

-14.0%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

80,324

79,002

1.7%

Mini H-shares Index Options

929

1,984

-53.2%

Flexible H-shares Index Options

0

26

-100.0%

Stock Options

263,973

309,404

-14.7%

Total Futures and Options

646,892

728,032

-11.1%

 

Clearing and Settlement

CCASS Statistics (securities market)

Jan 2017

Dec 2016

% Change

Average daily number of exchange trades handled by CCASS

918,946

1,017,686

-9.70%

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

75,646

85,828

-11.86%

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

245

269

-8.92%

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

99.92

99.88

N/A

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


74.55
56.54


74.27
56.60


N/A
N/A

DCASS Statistics (derivatives market)

Jan 2017

Dec 2016

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

588,768

572,757

2.8%

  Stock Futures

6,400

5,365

19.3%

  Interest Rates Futures

40

40

0.0%

  RMB Currency Futures

46,829

47,241

-0.9%

  London Metal Mini Futures

35

53

-34.0%

  Equity Index Options

2,641,961

2,343,151

12.8%

  Stock Options

6,594,296

6,327,503

4.2%

 

Year-to-date Statistics

Securities Market

Jan 2017
YTD

Jan 2016
YTD

% Change

No. of newly listed companies #

17

8

112.5%

Average daily turnover by value ($Mil.) ^

57,226

82,231

30.4%

Average share traded per trading day (Mil. Shares)

173,981

257,581

-32.5%

Average no. of trades per trading day

919,501

1,279,779

-28.2%

Fund raised by IPOs ($Mil.)

6,379

4,568

39.6%

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

11,806

16,185

-27.1%

Derivatives Market

Jan 2017
YTD

Jan 2016
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

255,465

440,282

-42.0%

– Stock Futures

575

2,323

-75.2%

– Interest Rates Futures

1

0

-

– RMB Currency Futures

5,226

3,264

60.1%

– London Metal Mini Futures

8

80

-90.0%

– Equity Index Options

121,644

150,656

-19.3%

– Stock Options

263,973

345,043

-23.5%

Clearing & Settlement

Jan 2017 YTD

Jan 2016
YTD

% Change

Average daily number of exchange trades handled by CCASS

918,946

1,278,822

-28.14%

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

75,646

88,617

-14.64%

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

245

279

-12.19%

# 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 January 2017

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

3,276,956

2016/12/28

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

184,626

2016/12/13

RMB Currency Futures - USD/CNH Futures

20,338

2017/01/05

46,711

2017/01/04