HKEX Monthly Market Highlights - March 2017 
31/03/2017 
 
Highlights

- Securities Market

  • The average daily turnover for the first three months of 2017 was $74.3 billion, an increase of 2 per cent when compared with $72.7 billion for the same period last year.
  • There were 40* newly listed companies for the first three months of 2017, an increase of 100 per cent when compared with 20* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first three months of 2017 was 759,988 contracts, a decrease of 6 per cent when compared with the 805,276 contracts for the same period last year.
  • The average daily turnover of Stock Options for the first three months of 2017 was 338,771 contracts, an increase of 16 per cent when compared with the 293,047 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first three months of 2017 was 3,598 contracts, an increase of 15 per cent when compared with the 3,128 contracts for the same period last year.
  • On 28 March 2017, the open interest of Hang Seng Index Futures reached a record high of 200,469 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Mar 2017

Mar 2016

End 2016

No. of listed companies

2,009

1,883

 1,973

Total market capitalisation ($Bil.)

27,235.7

23,444.6

24,761.3

No. of newly listed companies *

14

10

126

No. of listed securities

9,392

8,621

8,591

No. of equity warrants

8

14

9

No. of derivatives warrants

3,988

4,184

3,705

No. of CBBCs

2,271

1,613

1,844

No. of unit trusts

169

149

157

No. of debt securities

936

769

892

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


Securities Market Turnover (Main Board and GEM)

 

Mar 2017

Feb 2017

% Change

Monthly turnover ($Mil.) *

1,889,206

1,632,257

15.7%

Average daily turnover by value ($Mil.) *

82,139

81,613

0.6%

No. of trading days

23

20

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Mar 2017
($Mil)

Feb 2017
($Mil)

% Change

Equities

1,374,951.93
(72.8%)

1,164,683.81
(71.4%)

18.1%

Derivative warrants

257,478.20
(13.6%)

268,046.91
(16.4%)

-3.9%

CBBCs

109,013.18
(5.8%)

100,209.58
(6.1%)

8.8%

Unit Trusts
(include ETFs)

144,501.34
(7.6%)

95,611.20
(5.9%)

51.1%

( ) % 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 March 2017 was $23,127 million (1.2% of the securities market total turnover).

 

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

 

Mar 2017

Mar 2016

End 2016

No. of H shares

 243

231

241

No. of Red chips Stocks

158

 151

153

No. of Mainland private enterprises

 612

580

608

Market capitalisation (% of market total)

63.7%

62.1%

63.3%

Turnover value (% of equity turnover)

75.0%

70.4%

70.6%

 

Index Performance
Month-end figures

 

Mar 2017

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

30437.39

1.8%

19.2%

S&P/HKEX GEM Index

346.92

-1.1%

-17.9%

Hang Seng Index

24111.59

1.6%

16.1%

Hang Seng China Enterprises Index#

10273.67

-0.2%

14.1%

Hang Seng China-Affiliated Corporations Index*

3938.32

2.2%

4.4%

CES China 120 Index ^

5411.31

1.3%

16.8%

CES China HK Mainland Index +

6108.52

2.2%

17.9%

# - 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)

Mar 2017

Feb 2017

% Change

Total Futures

301,787

293,630

2.8%

Hang Seng Index Futures

115,224

107,501

7.2%

Mini Hang Seng Index Futures

42,432

40,497

4.8%

H-shares Index Futures

119,959

123,427

-2.8%

Mini H-shares Index Futures

14,251

14,170

0.6%

HSI Dividend Point Index Futures

71

35

102.9%

HSCEI Dividend Point Index Futures

6,213

4,513

37.7%

HSI Volatility Index Futures

0

1

-100.0%

CES China 120 Index Futures

2

4

-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

4

8

-50.0%

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

493

880

-44.0%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

3,063

2,533

20.9%

RMB Currency Futures - EUR/CNH Futures

9

0

-

RMB Currency Futures - JPY/CNH Futures

1

0

-

RMB Currency Futures - AUD/CNH Futures

1

0

-

RMB Currency Futures - CNH/USD Futures

60

54

11.1%

London Aluminium Mini Futures

2

3

-33.3%

London Zinc Mini Futures

1

0

-

London Copper Mini Futures

0

2

-100.0%

London Lead Mini Futures

0

0

-

London Nickel Mini Futures

2

3

-33.3%

London Tin Mini Futures

0

0

-

Total Options

466,296

564,492

-17.4%

Hang Seng Index Options

38,363

38,791

-1.1%

Mini Hang Seng Index Options

6,027

5,737

5.1%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

82,531

107,467

-23.2%

Mini H-shares Index Options

1,627

1,430

13.8%

Flexible H-shares Index Options

0

0

-

Stock Options

337,695

411,068

-17.8%

RMB Currency Futures - USD/CNH Options *

122

-

-

Total Futures and Options

768,083

858,121

-10.5%

 * Trading in RMB Currency Options - USD/CNH Options commenced on 20 Mar 2017

  

Clearing and Settlement

CCASS Statistics (securities market)

Mar 2017

Feb 2017

% Change

Average daily number of exchange trades handled by CCASS

1,221,197

1,213,098

0.67%

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

91,173

89,679

1.67%

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

308

322

-4.35%

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

99.91

99.92

N/A

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


74.42
57.10


74.22
56.98


N/A
N/A

DCASS Statistics (derivatives market)

Mar 2017

Feb 2017

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

622,037

607,409

2.4%

  Stock Futures

5,250

6,747

-22.2%

  Interest Rates Futures

40

40

0.0%

  RMB Currency Futures

41,691

45,122

-7.6%

  London Metal Mini Futures

46

17

170.6%

  Equity Index Options

2,989,082

3,003,533

-0.5%

  Stock Options

6,673,563

7,877,440

-15.3%

  RMB Currency Options

111

-

-

 

Year-to-date Statistics

Securities Market

Mar 2017
YTD

Mar 2016
YTD

% Change

No. of newly listed companies #

40

20

100.0%

Average daily turnover by value ($Mil.) ^

74,335

72,679

2.3%

Average share traded per trading day (Mil. Shares)

202,647

221,082

-8.3%

Average no. of trades per trading day

1,126,571

1,197,355

-5.9%

Fund raised by IPOs ($Mil.)

13,279

30,261

-56.1%

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

56,656

91,043

-37.8%

Derivatives Market

Mar 2017
YTD

Mar 2016
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

282,493

377,296

-25.1%

– Stock Futures

643

1,575

-59.2%

– Interest Rates Futures

0

0

-

– RMB Currency Futures

3,598

3,128

15.0%

– London Metal Mini Futures

7

76

-90.8%

– Equity Index Options

134,457

130,154

3.3%

– Stock Options

338,771

293,047

15.6%

– RMB Currency Options

122

-

-

Clearing & Settlement

Mar 2017 YTD

Mar 2016
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,125,959

1,196,563

-5.90%

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

86,101

85,208

1.05%

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

294

249

18.07%

# 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 March 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

200,469

2017/03/28

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