HKEX Monthly Market Highlights - July 2017 
31/07/2017 
 
Highlights

- Securities Market

  • The average daily turnover for the first seven months of 2017 was $77.4 billion, an increase of 16 per cent when compared with $66.7 billion for the same period last year.
  • The average daily turnover of ETFs for the first seven months of 2017 was $4.6 billion, an increase of 7 per cent when compared with $4.3 billion for the same period last year.
  • Funds raised through IPOs for the first seven months of 2017 was $69.7 billion, an increase of 5 per cent when compared with $66.3 billion for the same period last year.
  • There were 101* newly listed companies for the first seven months of 2017, an increase of 60 per cent when compared with 63* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first seven months of 2017 was 799,786 contracts, an increase of 4 per cent when compared with the 768,224 contracts for the same period last year.
  • The average daily turnover of Stock Options for the first seven months of 2017 was 378,100 contracts, an increase of 31 per cent when compared with the 288,223 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first seven months of 2017 was 2,847 contracts, an increase of 40 per cent when compared with the 2,032 contracts for the same period last year.
  • On 27 July 2017, the open interest of Mini Hang Seng Index Options reached a record high of 33,037 contracts.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Jul 2017

Jul 2016

End 2016

No. of listed companies

2,060

1,924

 1,973

Total market capitalisation ($Bil.)

30,262.7

24,054.5

24,761.3

No. of newly listed companies *

29

23

126

No. of listed securities

10,836

8,578

8,591

No. of equity warrants

8

13

9

No. of derivatives warrants

4,636

3,921

3,705

No. of CBBCs

2,970

1,740

1,844

No. of unit trusts

168

160

157

No. of debt securities

983

812

892

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

 

Securities Market Turnover (Main Board and GEM)

 

Jul 2017

Jun 2017

% Change

Monthly turnover ($Mil.) *

1,790,976

1,750,031

2.3%

Average daily turnover by value ($Mil.) *

85,285

79,547

7.2%

No. of trading days

21

22

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Jul 2017
($Mil)

Jun 2017
($Mil)

% Change

Equities

1,360,988.81
(76.0%)

1,308,985.16
(74.8%)

4.0%

Derivative warrants

221,334.33
(12.4%)

215,377.65
(12.3%)

2.8%

CBBCs

84,231.59
(4.7%)

83,110.31
(4.7%)

1.3%

Unit Trusts
(include ETFs)

118,010.51
(6.6%)

133,571.90
(7.6%)

-11.7%

( ) % 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 July 2017 was $18,819 million (1.1% of the securities market total turnover).

 

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

 

Jul 2017

Jul 2016

End 2016

No. of H shares

 248

233

241

No. of Red chips Stocks

158

 152

153

No. of Mainland private enterprises

 626

595

608

Market capitalisation (% of market total)

64.7%

62.6%

63.3%

Turnover value (% of equity turnover)

75.6%

69.9%

70.6%

 

Index Performance
Month-end figures

 

Jul 2017

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

35123.22

6.5%

29.8%

S&P/HKEX GEM Index

271.96

-4.1%

-26.1%

Hang Seng Index

27323.99

6.1%

24.8%

Hang Seng China Enterprises Index #

10827.84

4.5%

20.9%

Hang Seng China-Affiliated Corporations Index*

4267.33

6.5%

14.9%

CES China 120 Index ^

6074.62

4.2%

27.6%

CES China HK Mainland Index +

7054.20

7.5%

30.6%

# - 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)

Jul 2017

Jun 2017

% Change

Total Futures

289,856

291,599

-0.6%

Hang Seng Index Futures

119,381

115,934

3.0%

Mini Hang Seng Index Futures

39,358

38,792

1.5%

H-shares Index Futures

112,926

117,757

-4.1%

Mini H-shares Index Futures

14,238

14,757

-3.5%

HSI Dividend Point Index Futures

33

173

-80.9%

HSCEI Dividend Point Index Futures

501

737

-32.0%

HSI Volatility Index Futures

0

0

-

CES China 120 Index Futures

9

1

800.0%

CES Gaming Top 10 Index Futures

0

0

-

Hang Seng Mainland Oil & Gas Index Futures

18

0

-

Hang Seng Mainland Banks Index Futures

23

17

35.3%

Hang Seng Mainland Healthcare Index Futures

0

0

-

Hang Seng Mainland Properties Index Futures

14

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

448

578

-22.5%

5-Year MOF T-Bond Futures

48

88

-45.5%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

1,896

2,694

-29.6%

RMB Currency Futures - EUR/CNH Futures

7

4

75.0%

RMB Currency Futures - JPY/CNH Futures

1

0

-

RMB Currency Futures - AUD/CNH Futures

2

1

100.0%

RMB Currency Futures - CNH/USD Futures

40

45

-11.1%

USD Gold Futures *

267

-

-

CNH Gold Futures ^

923

-

-

London Aluminium Mini Futures

0

8

-100.0%

London Zinc Mini Futures

2

2

0.0%

London Copper Mini Futures

1

10

-90.0%

London Lead Mini Futures

2

0

-

London Nickel Mini Futures

1

0

-

London Tin Mini Futures

0

0

-

Total Options

626,729

506,978

23.6%

Hang Seng Index Options

41,103

35,055

17.3%

Mini Hang Seng Index Options

7,457

7,281

2.4%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

65,338

67,793

-3.6%

Mini H-shares Index Options

1,404

1,445

-2.8%

Flexible H-shares Index Options

0

227

-100.0%

Stock Options

511,375

395,152

29.4%

RMB Currency Futures - USD/CNH Options

52

25

108.0%

Total Futures and Options

916,585

798,577

14.8%

* Trading in USD Gold Futures commenced on 10 Jul 2017
^ Trading in CNH Gold Futures commenced on 10 Jul 2017

 

Clearing and Settlement

CCASS Statistics (securities market)

Jul 2017

Jun 2017

% Change

Average daily number of exchange trades settled by CCASS

1,167,725

1,153,038

1.27%

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

88,516

89,068

-0.62%

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

351

338

3.85%

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

99.91

99.89

N/A

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


75.14
56.84


75.18
57.34


N/A
N/A

DCASS Statistics (derivatives market)

Jul 2017

Jun 2017

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

628,620

610,090

3.0%

  Stock Futures

7,121

6,563

8.5%

  5-Year MOF T-Bond Futures

704

666

5.7%

  Interest Rates Futures

48

40

20.0%

  RMB Currency Futures

28,486

32,516

-12.4%

  Gold Futures

467

-

-

  London Metal Mini Futures

32

10

220.0%

  Equity Index Options

3,240,203

3,081,390

5.2%

  Stock Options

8,606,800

7,582,918

13.5%

  RMB Currency Options

1,727

1,037

66.5%

 

Year-to-date Statistics

Securities Market

Jul 2017
YTD

Jul 2016
YTD

% Change

No. of newly listed companies #

101

63

60.3%

Average daily turnover by value ($Mil.) ^

77,400

66,698

16.0%

Average share traded per trading day (Mil. Shares)

174,901

203,785

-14.2%

Average no. of trades per trading day

1,142,960

1,094,502

4.4%

Fund raised by IPOs ($Mil.)

69,669

66,306

5.1%

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

199,587

177,773

12.3%

Derivatives Market

Jul 2017
YTD

Jul 2016
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

291,383

355,992

-18.1%

– Stock Futures

566

1,091

-48.1%

– 5-Year MOF T-Bond Futures

101

-

-

– Interest Rates Futures

0

0

-

– RMB Currency Futures

2,847

2,032

40.1%

– Gold Futures

1,190

-

-

– London Metal Mini Futures

10

153

-93.5%

– Equity Index Options

126,657

120,733

4.9%

– Stock Options

378,100

288,223

31.2%

– RMB Currency Options

55

-

-

Clearing & Settlement

Jul 2017
YTD

Jul 2016
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,142,359

1,093,825

4.44%

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

87,760

82,852

5.92%

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

314

265

18.49%

# 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 July 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

206,082

2017/06/27

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