HKEX Monthly Market Highlights - February 2017 
04/08/2017 
 
Highlights

- Securities Market

  • The average daily turnover for the first two months of 2017 was $69.7 billion, a decrease of 6 per cent when compared with $74.4 billion for the same period last year.
  • Funds raised through IPOs for the first two months of 2017 was $9.5 billion, an increase of 102 per cent when compared with $4.7 billion for the same period last year.
  • There were 26* newly listed companies for the first two months of 2017, an increase of 160 per cent when compared with 10* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first two months of 2017 was 755,215 contracts, a decrease of 10 per cent when compared with the 841,367 contracts for the same period last year.
  • The average daily turnover of Stock Options for the first two months of 2017 was 339,406 contracts, an increase of  13 per cent when compared with the 301,679 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first two months of 2017 was 3,872 contracts, an increase of 11 per cent when compared with the 3,486 contracts for the same period last year.
  • On 14 February 2017, the turnover of HSCEI Dividend Point Index Futures reached a record high of 27,501 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Feb 2017

Feb 2016

End 2016

No. of listed companies

 1,997

1,874

 1,973

Total market capitalisation ($Bil.)

26,680.0

21,486.9

24,761.3

No. of newly listed companies *

9

2

126

No. of listed securities

9,279

8,877

8,591

No. of equity warrants

8

14

9

No. of derivatives warrants

4,013

4,469

3,705

No. of CBBCs

2,185

1,590

1,844

No. of unit trusts

152

150

157

No. of debt securities

914

771

892

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


Securities Market Turnover (Main Board and GEM)

 

Feb 2017

Jan 2017

% Change

Monthly turnover ($Mil.) *

1,632,257

1,087,286

50.1%

Average daily turnover by value ($Mil.) *

81,613

57,226

42.6%

No. of trading days

20

19

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Feb 2017
($Mil)

Jan 2017
($Mil)

% Change

Equities

1,164,683.81
(71.4%)

750,109.40
(69.0%)

55.3%

Derivative warrants

268,046.91
(16.4%)

199,608.27
(18.4%)

34.3%

CBBCs

100,209.58
(6.1%)

73,235.61
(6.7%)

36.8%

Unit Trusts
(include ETFs)

95,611.20
(5.9%)

62,223.12
(5.7%)

53.7%

( ) % 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 February 2017 was $19,664 million (1.2% of the securities market total turnover).

 

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

 

Feb 2017

Feb 2016

End 2016

No. of H shares

 242

229

241

No. of Red chips Stocks

159

 151

153

No. of Mainland private enterprises

 609

577

608

Market capitalisation (% of market total)

63.7%

61.6%

63.3%

Turnover value (% of equity turnover)

71.5%

67.8%

70.6%

 

Index Performance
Month-end figures

 

Feb 2017

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

29903.28

0.9%

27.0%

S&P/HKEX GEM Index

350.89

-4.2%

-16.2%

Hang Seng Index

23740.73

1.6%

24.2%

Hang Seng China Enterprises Index#

10297.96

5.0%

30.1%

Hang Seng China-Affiliated Corporations Index*

3853.31

2.2%

12.9%

CES China 120 Index ^

5341.97

2.0%

26.7%

CES China HK Mainland Index +

5975.10

3.3%

27.5%

# - 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)

Feb 2017

Jan 2017

% Change

Total Futures

293,630

261,275

12.4%

Hang Seng Index Futures

107,501

97,745

10.0%

Mini Hang Seng Index Futures

40,497

35,204

15.0%

H-shares Index Futures

123,427

109,041

13.2%

Mini H-shares Index Futures

14,170

11,669

21.4%

HSI Dividend Point Index Futures

35

18

94.4%

HSCEI Dividend Point Index Futures

4,513

1,778

153.8%

HSI Volatility Index Futures

1

1

0.0%

CES China 120 Index Futures

4

2

100.0%

CES Gaming Top 10 Index Futures

0

0

-

Hang Seng Mainland Oil & Gas Index Futures

0

0

-

Hang Seng Mainland Banks Index Futures

8

6

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

880

575

53.0%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

1

-100.0%

RMB Currency Futures - USD/CNH Futures

2,533

5,135

-50.7%

RMB Currency Futures - EUR/CNH Futures

0

4

-100.0%

RMB Currency Futures - JPY/CNH Futures

0

0

-

RMB Currency Futures - AUD/CNH Futures

0

0

-

RMB Currency Futures - CNH/USD Futures

54

87

-37.9%

London Aluminium Mini Futures

3

2

50.0%

London Zinc Mini Futures

0

1

-100.0%

London Copper Mini Futures

2

1

100.0%

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

3

3

0.0%

London Tin Mini Futures

0

0

-

Total Options

564,492

385,617

46.4%

Hang Seng Index Options

38,791

34,423

12.7%

Mini Hang Seng Index Options

5,737

5,969

-3.9%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

107,467

80,324

33.8%

Mini H-shares Index Options

1,430

929

53.9%

Flexible H-shares Index Options

0

0

-

Stock Options

411,068

263,973

55.7%

Total Futures and Options

858,121

646,892

32.7%

 

Clearing and Settlement

CCASS Statistics (securities market)

Feb 2017

Jan 2017

% Change

Average daily number of exchange trades handled by CCASS

1,213,098

918,946

32.01%

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

89,679

75,646

18.55%

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

322

245

31.43%

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

99.92

99.92

N/A

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

 

74.22
56.98



74.55
56.54



N/A
N/A

DCASS Statistics (derivatives market)

Feb 2017

Jan 2017

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

607,409

588,768

3.2%

  Stock Futures

6,747

6,400

5.4%

  Interest Rates Futures

40

40

0.0%

  RMB Currency Futures

45,122

46,829

-3.6%

  London Metal Mini Futures

17

35

-51.4%

  Equity Index Options

3,003,533

2,641,961

13.7%

  Stock Options

7,877,440

6,594,296

19.5%

 

Year-to-date Statistics

Securities Market

Feb 2017
YTD

Feb 2016
YTD

% Change

No. of newly listed companies #

26

10

160.0%

Average daily turnover by value ($Mil.) ^

69,732

74,365

-6.2%

Average share traded per trading day (Mil. Shares)

203,865

233,084

-12.5%

Average no. of trades per trading day

1,070,373

1,201,742

-10.9%

Fund raised by IPOs ($Mil.)

9,528

4,652

104.8%

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

25,890

31,663

-18.2%

Derivatives Market

Feb 2017
YTD

Feb 2016
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

273,255

398,405

-31.4%

– Stock Futures

732

1,752

-58.2%

– Interest Rates Futures

1

0

-

– RMB Currency Futures

3,872

3,486

11.1%

– London Metal Mini Futures

8

61

-86.9%

– Equity Index Options

137,941

135,984

1.4%

– Stock Options

339,406

301,679

12.5%

Clearing & Settlement

Feb 2017 YTD

Feb 2016
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,069,793

1,200,902

-10.92%

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

83,032

85,086

-2.41%

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

285

252

13.10%

# 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 28 February 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

27,501

2017/02/14

184,626

2016/12/13

RMB Currency Futures - USD/CNH Futures

20,338

2017/01/05

46,711

2017/01/04