HKEX Monthly Market Highlights - August 2017 
31/08/2017 
 
Highlights

- Securities Market

  • The average daily turnover for the first eight months of 2017 was $80.3 billion, an increase of 20 per cent when compared with $67.0 billion for the same period last year.
  • The average daily turnover of ETFs for the first eight months of 2017 was $4.6 billion, an increase of 5 per cent when compared with $4.4 billion for the same period last year.
  • There were 103* newly listed companies for the first eight months of 2017, an increase of 51 per cent when compared with 68* for the same period last year.

 

- Derivatives Market

  • The average daily turnover of futures and options for the first eight months of 2017 was 822,204 contracts, an increase of 8 per cent when compared with the 758,223 contracts for the same period last year.
  • The average daily turnover of Stock Options for the first eight months of 2017 was 396,626 contracts, an increase of 37 per cent when compared with the 289,868 contracts for the same period last year.
  • The average daily turnover of RMB Currency Futures for the first eight months of 2017 was 2,799 contracts, an increase of 49 per cent when compared with the 1,880 contracts for the same period last year.
  • On 29 August 2017, the open interest of Hang Seng Index Options, Mini Hang Seng Index Options and Stock Options reached a record high of 563,655 contracts, 34,161 contracts and 11,329,336 contracts respectively.

* Includes any transfers of listing from GEM to Main Board

 

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

 

Aug 2017

Aug 2016

End 2016

No. of listed companies

2,060

1,926

 1,973

Total market capitalisation ($Bil.)

31,019.5

25,196.5

24,761.3

No. of newly listed companies *

2

5

126

No. of listed securities

11,460

8,849

8,591

No. of equity warrants

8

13

9

No. of derivatives warrants

5,018

3,936

3,705

No. of CBBCs

3,211

1,988

1,844

No. of unit trusts

169

157

157

No. of debt securities

983

821

892

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


Securities Market Turnover (Main Board and GEM)

 

Aug 2017

Jul 2017

% Change

Monthly turnover ($Mil.) *

2,174,978

1,790,976

21.4%

Average daily turnover by value ($Mil.) *

98,863

85,285

15.9%

No. of trading days

22

21

-

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

 

Turnover by Type of Securities (Main Board and GEM)

 

Aug 2017
($Mil)

Jul 2017
($Mil)

% Change

Equities

1,626,908.66
(74.8%)

1,360,988.81
(76.0%)

19.5%

Derivative warrants

308,768.27
(14.2%)

221,334.33
(12.4%)

39.5%

CBBCs

123,073.71
(5.7%)

84,231.59
(4.7%)

46.1%

Unit Trusts
(include ETFs)

110,313.29
(5.1%)

118,010.51
(6.6%)

-6.5%

( ) % 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 August 2017 was $24,189 million (1.1% of the securities market total turnover).

 

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

 

Aug 2017

Aug 2016

End 2016

No. of H shares

 248

234

241

No. of Red chips Stocks

158

 152

153

No. of Mainland private enterprises

 625

596

608

Market capitalisation (% of market total)

65.4%

63.6%

63.3%

Turnover value (% of equity turnover)

78.0%

73.7%

70.6%

 

Index Performance
Month-end figures

 

Aug 2017

% Change
over 1 Month

% Change
over 12 Months

S&P/HKEX LargeCap Index

35858.87

2.1%

24.8%

S&P/HKEX GEM Index

268.80

-1.2%

-30.3%

Hang Seng Index

27970.30

2.4%

21.7%

Hang Seng China Enterprises Index #

11295.44

4.3%

18.4%

Hang Seng China-Affiliated Corporations Index*

4338.70

1.7%

10.8%

CES China 120 Index ^

6225.01

2.5%

23.8%

CES China HK Mainland Index +

7400.71

4.9%

28.3%

# - 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)

Aug 2017

Jul 2017

% Change

Total Futures

314,333

289,856

8.4%

Hang Seng Index Futures

130,721

119,381

9.5%

Mini Hang Seng Index Futures

50,104

39,358

27.3%

H-shares Index Futures

113,224

112,926

0.3%

Mini H-shares Index Futures

14,018

14,238

-1.5%

HSI Dividend Point Index Futures

115

33

248.5%

HSCEI Dividend Point Index Futures

2,411

501

381.2%

HSI Volatility Index Futures

0

0

-

CES China 120 Index Futures

4

9

-55.6%

CES Gaming Top 10 Index Futures

0

0

-

Hang Seng Mainland Oil & Gas Index Futures

27

18

50.0%

Hang Seng Mainland Banks Index Futures

58

23

152.2%

Hang Seng Mainland Healthcare Index Futures

0

0

-

Hang Seng Mainland Properties Index Futures

58

14

314.3%

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

476

448

6.3%

5-Year MOF T-Bond Futures

30

48

-37.5%

3-Month HIBOR Futures

0

0

-

1-Month HIBOR Futures

0

0

-

RMB Currency Futures - USD/CNH Futures

2,437

1,896

28.5%

RMB Currency Futures - EUR/CNH Futures

16

7

128.6%

RMB Currency Futures - JPY/CNH Futures

4

1

300.0%

RMB Currency Futures - AUD/CNH Futures

4

2

100.0%

RMB Currency Futures - CNH/USD Futures

38

40

-5.0%

USD Gold Futures *

193

267

-27.7%

CNH Gold Futures ^

383

923

-58.5%

London Aluminium Mini Futures

1

0

-

London Zinc Mini Futures

1

2

-50.0%

London Copper Mini Futures

6

1

500.0%

London Lead Mini Futures

2

2

0.0%

London Nickel Mini Futures

1

1

0.0%

London Tin Mini Futures

0

0

-

Total Options

646,276

626,729

3.1%

Hang Seng Index Options

48,438

41,103

17.8%

Mini Hang Seng Index Options

6,164

7,457

-17.3%

Flexible Hang Seng Index Options

0

0

-

H-shares Index Options

79,046

65,338

21.0%

Mini H-shares Index Options

1,567

1,404

11.6%

Flexible H-shares Index Options

0

0

-

Stock Options

511,005

511,375

-0.1%

RMB Currency Futures - USD/CNH Options

56

52

7.7%

Total Futures and Options

960,610

916,585

4.8%

* 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)

Aug 2017

Jul 2017

% Change

Average daily number of exchange trades settled by CCASS

1,303,343

1,167,725

11.61%

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

92,719

88,516

4.75%

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

397

351

13.11%

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

99.92

99.91

N/A

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


74.45
57.48


75.14
56.84


N/A
N/A

DCASS Statistics (derivatives market)

Aug 2017

Jul 2017

% Change

Month-end Open Interest (contracts)

 

 

 

  Equity Index Futures

597,307

628,620

-5.0%

  Stock Futures

6,303

7,121

-11.5%

  5-Year MOF T-Bond Futures

669

704

-5.0%

  Interest Rates Futures

48

48

0.0%

  RMB Currency Futures

24,020

28,486

-15.7%

  Gold Futures

661

467

41.5%

  London Metal Mini Futures

116

32

262.5%

  Equity Index Options

3,467,965

3,240,203

7.0%

  Stock Options

9,037,100

8,606,800

5.0%

  RMB Currency Options

2,305

1,727

33.5%

 

Year-to-date Statistics

Securities Market

Aug 2017
YTD

Aug 2016
YTD

% Change

No. of newly listed companies #

103

68

51.5%

Average daily turnover by value ($Mil.) ^

80,279

66,955

19.9%

Average share traded per trading day (Mil. Shares)

175,072

199,726

-12.3%

Average no. of trades per trading day

1,164,574

1,087,624

7.1%

Fund raised by IPOs ($Mil.)

71,793

75,399

-4.8%

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

215,700

209,272

3.1%

Derivatives Market

Aug 2017
YTD

Aug 2016
YTD

% Change

Average daily volume (contracts)

 

 

 

– Equity Index Futures

294,082

346,247

-15.1%

– Stock Futures

553

1,027

-46.2%

– 5-Year MOF T-Bond Futures

85

-

-

– Interest Rates Futures

0

0

-

– RMB Currency Futures

2,799

1,880

48.9%

– Gold Futures

828

-

-

– London Metal Mini Futures

10

144

-93.1%

– Equity Index Options

127,850

119,056

7.4%

– Stock Options

396,626

289,868

36.8%

– RMB Currency Options

55

-

-

Clearing & Settlement

Aug 2017 YTD

Aug 2016
YTD

% Change

Average daily number of exchange trades handled by CCASS

1,163,954

1,086,930

7.09%

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

88,429

82,659

6.98%

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

325

272

19.49%

# 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 August 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

2017/08/30

31,060,258,079,942

 

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

11,329,336

2017/08/29

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

563,655

2017/08/29

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