HKEX Monthly Market Highlights

Highlights

- Securities Market

The average daily turnover for the first 10 months of 2018 was $112.7 billion, an increase of 35 per cent when compared with $83.3 billion for the same period last year.
The average daily turnover of derivative warrants for the first 10 months of 2018 was $16.1 billion, an increase of 42 per cent when compared with $11.3 billion for the same period last year.
The average daily turnover of CBBCs for the first 10 months of 2018 was $7.4 billion, an increase of 68 per cent when compared with $4.4 billion for the same period last year.
Funds raised through IPOs for the first 10 months of 2018 was $255.7 billion, an increase of 187 per cent when compared with $89.2 billion for the same period last year.
Total funds raised for the first 10 months of 2018 was $469.2 billion, an increase of 29 per cent when compared with $364.4 billion for the same period last year.
There were 185* newly listed companies for the first 10 months of 2018, an increase of 41 per cent when compared with 131* for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first 10 months of 2018 was 1,216,095 contracts, an increase of 47 per cent when compared with the 829,037 contracts for the same period last year.
The average daily turnover of equity index futures for the first 10 months of 2018 was 507,457 contracts, an increase of 71 per cent when compared with the 296,068 contracts for the same period last year.
The average daily turnover of RMB Currency Futures for the first 10 months of 2018 was 7,219 contracts, an increase of 143 per cent when compared with the 2,970 contracts for the same period last year.
On 11 October 2018, the turnover of Mini Hang Seng Index Options reached a record high of 23,628 contracts.
On 26 October 2018, the turnover of Hang Seng Index Futures reached a record high of 422,450 contracts.
On 26 October 2018, the open interest of Mini Hang Seng Index Futures reached a record high of 22,321 contracts.
On 29 October 2018, the open interest of Hang Seng China Enterprises Index Futures, Mini Hang Seng Index Options and Mini-Hang Seng China Enterprises Index Options reached a record high of 557,869 contracts, 42,569 contracts and 29,525 contracts respectively.

* Includes any transfers of listing from GEM to Main Board

Listed Securities (Main Board and GEM)

Month-end figures

	Oct 2018	Oct 2017	End 2017
No. of listed companies	2,285	2,082	2,118
Total market capitalisation ($Bil.)	28,784.9	32,253.2	33,998.8
No. of newly listed companies *	19	17	174
No. of listed securities	13,420	12,072	12,803
No. of equity warrants	2	8	8
No. of derivatives warrants	7,112	5,509	6,094
No. of CBBCs	2,699	3,315	3,374
No. of unit trusts	146	148	145
No. of debt securities	1,159	994	1,047

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

Securities Market Turnover (Main Board and GEM)

	Oct 2018	Sep 2018	% Change
Monthly turnover ($Mil.) *	1,989,758	1,738,937	14.4%
Average daily turnover by value ($Mil.) *	94,750	91,523	3.5%
No. of trading days	21	19	-

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

Turnover by Type of Securities (Main Board and GEM)

	Oct 2018 ($Mil)	Sep 2018 ($Mil)	% Change
Equities	1,379,430.22 (69.3%)	1,282,869.81 (73.8%)	7.5%
Derivative warrants	307,942.03 (15.5%)	250,470.16 (14.4%)	22.9%
CBBCs	198,929.97 (10.0%)	128,471.06 (7.4%)	54.8%
Unit Trusts (include ETFs)	99,922.91 (5.0%)	72,899.63 (4.2%)	37.1%

( ) % 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 October 2018 was $27,720 million (1.4% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Oct 2018	Oct 2017	End 2017
No. of H shares	262	250	252
No. of Red chips Stocks	164	158	159
No. of Mainland private enterprises	694	629	640
Market capitalisation (% of market total)	67.3%	66.0%	66.2%
Turnover value (% of equity turnover)	78.8%	78.1%	76.1%

Index Performance

Month-end figures

	Oct 2018	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	32247.74	-10.7%	-11.2%
S&P/HKEX GEM Index	156.64	-14.5%	-42.2%
Hang Seng Index	24979.69	-10.1%	-11.6%
Hang Seng China Enterprises Index	10138.63	-8.0%	-11.9%
Hang Seng China-Affiliated Corporations Index*	4097.93	-7.9%	-6.5%
CES China 120 Index ^	5789.05	-8.2%	-12.2%
CESChina HK Mainland Index +	6880.14	-9.5%	-10.8%

* - 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)
	Oct 2018	Sep 2018	% Change
Total Futures	643,008	561,080	14.6%
Hang Seng Index Futures	294,958	258,850	13.9%
Mini Hang Seng Index Futures	127,947	105,496	21.3%
Hang Seng China Enterprises Index Futures	180,936	158,389	14.2%
Mini-Hang Seng China Enterprises Index Futures	23,745	20,285	17.1%
HSI Dividend Point Index Futures	0	42	-100.0%
HSCEI Dividend Point Index Futures	3,105	2,766	12.3%
HSI Volatility Index Futures	0	0	-
MSCI AC Asia ex Japan NTR Index Futures	26	69	-62.3%
CES China 120 Index Futures	1	1	0.0%
CES Gaming Top 10 Index Futures	0	0	-
Hang Seng Mainland Oil & Gas Index Futures	78	53	47.2%
Hang Seng Mainland Banks Index Futures	49	19	157.9%
Hang Seng Mainland Healthcare Index Futures	0	0	-
Hang Seng Mainland Properties Index Futures	147	142	3.5%
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	-
FTSE/JSE Top40 Futures	0	0	-
Stock Futures	5,273	6,439	-18.1%
3-Month HIBOR Futures	1	6	-83.3%
1-Month HIBOR Futures	0	1	-100.0%
RMB Currency Futures - USD/CNH Futures	5,151	7,408	-30.5%
RMB Currency Futures - EUR/CNH Futures	71	45	57.8%
RMB Currency Futures - JPY/CNH Futures	17	8	112.5%
RMB Currency Futures - AUD/CNH Futures	7	12	-41.7%
RMB Currency Futures - CNH/USD Futures	72	45	60.0%
USD Gold Futures	1,339	984	36.1%
CNH Gold Futures	18	9	100.0%
Iron Ore Futures – Monthly Contracts	62	9	588.9%
Iron Ore Futures – Quarterly Contracts	0	0	-
London Aluminium Mini Futures	0	0	-
London Zinc Mini Futures	4	3	33.3%
London Copper Mini Futures	0	0	-
London Lead Mini Futures	0	0	-
London Nickel Mini Futures	0	0	-
London Tin Mini Futures	0	0	-
Total Options	734,743	703,005	4.5%
Hang Seng Index Options	61,772	57,180	8.0%
Mini Hang Seng Index Options	14,196	10,377	36.8%
Flexible Hang Seng Index Options	0	0	-
Hang Seng China Enterprises Index Options	114,733	107,416	6.8%
Mini-Hang Seng China Enterprises Index Options	3,490	1,739	100.7%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Stock Options	540,317	526,146	2.7%
RMB Currency Futures - USD/CNH Options	236	147	60.5%
Total Futures and Options	1,377,750	1,264,085	9.0%

Clearing and Settlement

CCASS Statistics (securities market)	Oct 2018	Sep 2018	% Change
Average daily number of exchange trades settled by CCASS	1,561,062	1,474,647	5.86%
Average daily number of settlement instructions (SIs) settled by CCASS	97,357	97,957	-0.61%
Average daily number of investor SIs (ISIs) settled by CCASS	232	257	-9.73%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.92	99.89	N/A
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	76.23 58.46	75.87 58.33	N/A N/A
DCASS Statistics (derivatives market)	Oct 2018	Sep 2018	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	845,693	673,906	25.5%
– Stock Futures	22,535	18,058	24.8%
– Interest Rates Futures	416	415	0.2%
– RMB Currency Futures	34,093	33,334	2.3%
– Gold Futures	426	246	73.2%
– Iron Ore Futures	573	426	34.5%
– London Metal Mini Futures	8	4	100.0%
– Equity Index Options	3,772,594	3,321,193	13.6%
– Stock Options	9,108,731	8,465,878	7.6%
– RMB Currency Options	9,039	8,689	4.0%

Year-to-date Statistics

Securities Market	Oct 2018 YTD	Oct 2017 YTD	% Change
No. of newly listed companies #	185	131	41.2%
Average daily turnover by value ($Mil.) ^	112,687	83,335	35.2%
Average share traded per trading day (Mil. Shares)	224,394	175,611	27.8%
Average no. of trades per trading day	1,639,212	1,200,547	36.5%
Fund raised by IPOs ($Mil.)	255,719	89,234	186.6%
Total funds raised (including IPOs) ($Mil.)*	469,163	364,440	28.7%
Derivatives Market	Oct 2018 YTD	Oct 2017 YTD	% Change
*Average daily volume (contracts)*
– Equity Index Futures	507,457	296,068	71.4%
– Stock Futures	2,830	496	470.6%
– 5-Year MOF T-Bond Futures	-	60	-
– Interest Rates Futures	4	2	100.0%
– RMB Currency Futures	7,219	2,970	143.1%
– Gold Futures	1,362	916	48.7%
– Iron Ore Futures	31	-	-
– London Metal Mini Futures	8	11	-27.3%
– Equity Index Options	162,444	128,431	26.5%
– Stock Options	534,622	400,615	33.5%
– RMB Currency Options	118	63	87.3%
Clearing & Settlement	Oct 2018 YTD	Oct 2017 YTD	% Change
Average daily number of exchange trades handled by CCASS	1,638,545	1,199,927	36.55%
Average daily number of settlement instructions (SIs) settled by CCASS	103,518	90,157	14.82%
Average daily number of investor SIs (ISIs) settled by CCASS	324	332	-2.41%

# 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 October 2018

Top 10 Hang Seng Index Closes

Rank	Date	Close
1	2018/01/26	33154.12
2	2018/01/29	32966.89
3	2018/01/24	32958.69
4	2018/01/23	32930.70
5	2018/01/31	32887.27
6	2018/01/25	32654.45
7	2018/02/01	32642.09
8	2018/01/30	32607.29
9	2018/02/02	32601.78
10	2018/01/22	32393.41

Top 10 Daily Market Turnover

(Main Board and GEM)

Rank	Date	Turnover ($)
1	2015/04/09	293,910,756,648
2	2018/03/23	284,101,947,853
3	2015/04/13	266,098,632,854
4	2018/02/06	258,799,618,543
5	2015/04/08	252,396,050,844
6	2015/04/14	239,903,336,931
7	2015/07/08	237,429,139,110
8	2015/04/10	222,888,834,174
9	2018/02/09	219,595,292,569
10	2018/02/07	218,890,883,115

Top 10 Market Capitalisation

(Main Board and GEM)

Rank	Date	Market Capitalisation ($)
1	2018/01/26	37,715,721,713,817
2	2018/01/29	37,498,267,978,409
3	2018/01/24	37,458,993,282,123
4	2018/01/23	37,434,956,503,062
5	2018/01/31	37,196,824,130,391
6	2018/01/25	37,171,558,627,632
7	2018/01/30	37,034,857,609,118
8	2018/02/02	36,948,839,611,393
9	2018/02/01	36,943,877,577,778
10	2018/01/22	36,925,559,142,548

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	13,725,731	2018/03/27
Hang Seng China Enterprises Index Futures	467,559	2015/08/26	557,869	2018/10/29
Hang Seng Index Futures	422,450	2018/10/26	206,082	2017/06/27
Hang Seng China Enterprises Index Options	232,994	2018/02/09	3,631,457	2018/09/26
Mini Hang Seng Index Futures	215,927	2018/02/07	22,321	2018/10/26
Hang Seng Index Options	130,998	2018/01/23	594,941	2017/11/28
Mini-Hang Seng China Enterprises Index Futures	76,471	2018/02/06	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
Mini Hang Seng Index Options	23,628	2018/10/11	42,569	2018/10/29

Updated 31 Oct 2018