HKEX Monthly Market Highlights

Highlights

- Securities Market

Market capitalisation was $34.3 trillion at the end of April 2019, a decrease of 2 per cent from $34.9 trillion at the end of April 2018.
The average daily turnover in April 2019 was $104.2 billion, a decrease of 4 per cent from $108.4 billion in April 2018.
The average daily turnover of CBBCs for the first four months of 2019 was $9.6 billion, an increase of 5 per cent when compared with $9.1 billion for the same period last year.
The average daily turnover of Debt Securities for the first four months of 2019 was $0.3 billion, an increase of 50 per cent when compared with $0.2 billion for the same period last year.
Funds raised through IPOs for the first four months of 2019 was $32.8 billion, an increase of 31 per cent when compared with $25.0 billion for the same period last year.
On 8 April 2019, Northbound Trading under Stock Connect hit a new record with turnover of RMB76.3 billion.

- Derivatives Market

The average daily turnover of futures and options for the first four months of 2019 was 1,174,889 contracts, a decrease of 10 per cent when compared with the 1,304,497 contracts for the same period last year.
The average daily turnover of Stock Futures for the first four months of 2019 was 5,000 contracts, an increase of 337 per cent when compared with the 1,144 contracts for the same period last year.
The average daily turnover of RMB Currency Futures for the first four months of 2019 was 8,239 contracts, an increase of 55 per cent when compared with the 5,322 contracts for the same period last year.

Listed Securities (Main Board and GEM)

Month-end figures

	Apr 2019	Apr 2018	End 2018
No. of listed companies	2,353	2,186	2,315
Total market capitalisation ($Bil.)	34,344.4	34,870.2	29,909.4
No. of newly listed companies *	7	8	218
No. of listed securities	14,349	13,986	13,290
No. of equity warrants	3	5	3
No. of derivatives warrants	6,416	7,213	6,763
No. of CBBCs	4,145	3,310	2,847
No. of unit trusts	149	146	149
No. of debt securities	1,265	1,109	1,195

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

Securities Market Turnover (Main Board and GEM)

	Apr 2019	Mar 2019	% Change
Monthly turnover ($Mil.) *	1,978,957	2,322,091	-14.8%
Average daily turnover by value ($Mil.) *	104,156	110,576	-5.8%
No. of trading days	19	21	-

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

Turnover by Type of Securities (Main Board and GEM)

	Apr 2019 ($Mil)	Mar 2019 ($Mil)	% Change
Equities	1,458,794.12 (73.7%)	1,611,982.94 (69.4%)	-9.5%
Derivative warrants	236,987.31 (12.0%)	371,552.27 (16.0%)	-36.2%
CBBCs	160,843.11 (8.1%)	198,893.77 (8.6%)	-19.1%
Unit Trusts (include ETFs)	117,897.12 (6.0%)	133,952.07 (5.8%)	-12.0%

( ) % 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 April 2019 was $26,011 million (1.3% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Apr 2019	Apr 2018	End 2018
No. of H shares	272	254	267
No. of Red chips Stocks	173	164	164
No. of Mainland private enterprises	730	654	715
Market capitalisation (% of market total)	68.3%	66.9%	67.5%
Turnover value (% of equity turnover)	81.1%	79.4%	79.5%

Index Performance

Month-end figures

	Apr 2019	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	38247.47	3.1%	-4.5%
S&P/HKEX GEM Index	125.64	-3.7%	-49.4%
Hang Seng Index	29699.11	2.2%	-3.6%
Hang Seng China Enterprises Index	11542.25	1.4%	-6.4%
Hang Seng China-Affiliated Corporations Index*	4588.58	-1.9%	1.1%
CES China 120 Index ^	6934.38	3.1%	5.6%
CESChina HK Mainland Index +	8070.28	1.8%	-5.9%

* - 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)
	Apr 2019	Mar 2019	% Change
Total Futures	495,198	525,016	-5.7%
Hang Seng Index Futures	233,662	238,708	-2.1%
Mini Hang Seng Index Futures	90,082	101,296	-11.1%
HSI (Gross Total Return Index) Futures	1	1	0.0%
HSI (Net Total Return Index) Futures	0	1	-100.0%
Hang Seng China Enterprises Index Futures	139,387	148,536	-6.2%
Mini-Hang Seng China Enterprises Index Futures	17,042	18,096	-5.8%
HSCEI (Gross Total Return Index) Futures	0	0	-
HSCEI (Net Total Return Index) Futures	0	0	-
HSI Dividend Point Index Futures	91	86	5.8%
HSCEI Dividend Point Index Futures	1,536	1,908	-19.5%
HSI Volatility Index Futures	1	1	0.0%
MSCI AC Asia ex Japan NTR Index Futures	157	87	80.5%
CES China 120 Index Futures	0	3	-100.0%
CES Gaming Top 10 Index Futures	0	0	-
Hang Seng Mainland Oil & Gas Index Futures	143	310	-53.9%
Hang Seng Mainland Banks Index Futures	101	149	-32.2%
Hang Seng Mainland Healthcare Index Futures	0	0	-
Hang Seng Mainland Properties Index Futures	78	127	-38.6%
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	4,420	4,972	-11.1%
3-Month HIBOR Futures	0	0	-
1-Month HIBOR Futures	0	0	-
RMB Currency Futures - USD/CNH Futures	6,053	8,835	-31.5%
RMB Currency Futures - EUR/CNH Futures	112	135	-17.0%
RMB Currency Futures - JPY/CNH Futures	44	8	450.0%
RMB Currency Futures - AUD/CNH Futures	95	93	2.2%
RMB Currency Futures - CNH/USD Futures	61	64	-4.7%
USD Gold Futures	1,699	1,229	38.2%
CNH Gold Futures	356	317	12.3%
Iron Ore Futures – Monthly Contracts	74	53	39.6%
Iron Ore Futures – Quarterly Contracts	0	0	-
London Aluminium Mini Futures	0	0	-
London Zinc Mini Futures	2	1	100.0%
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	639,774	763,118	-16.2%
Hang Seng Index Options	45,224	51,008	-11.3%
Mini Hang Seng Index Options	11,958	13,099	-8.7%
Flexible Hang Seng Index Options	0	0	-
Hang Seng China Enterprises Index Options	74,691	102,137	-26.9%
Mini-Hang Seng China Enterprises Index Options	2,896	1,578	83.5%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Stock Options	504,937	595,256	-15.2%
RMB Currency Futures - USD/CNH Options	68	39	74.4%
Total Futures and Options	1,134,971	1,288,134	-11.9%

Clearing and Settlement

CCASS Statistics (securities market)	Apr 2019	Mar 2019	% Change
Average daily number of exchange trades settled by CCASS	1,643,504	1,707,516	-3.75%
Average daily number of settlement instructions (SIs) settled by CCASS	105,562	104,264	1.24%
Average daily number of investor SIs (ISIs) settled by CCASS	279	271	-2.95%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.93	99.88	N/A
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	75.90 60.39	75.97 60.09	N/A N/A
DCASS Statistics (derivatives market)	Apr 2019	Mar 2019	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	702,727	681,453	3.1%
– Stock Futures	21,153	20,845	1.5%
– Interest Rates Futures	110	113	-2.7%
– RMB Currency Futures	35,364	34,348	3.0%
– Gold Futures	578	550	5.1%
– Iron Ore Futures	797	851	-6.3%
– London Metal Mini Futures	4	13	-69.2%
– Equity Index Options	2,907,369	2,866,191	1.4%
– Stock Options	8,653,467	8,579,783	0.9%
– RMB Currency Options	4,312	4,029	7.0%

Year-to-date Statistics

Securities Market	Apr 2019 YTD	Apr 2018 YTD	% Change
No. of newly listed companies #	50	77	-35.1%
Average daily turnover by value ($Mil.) ^	101,800	137,109	-25.8%
Average share traded per trading day (Mil. Shares)	321,819	247,785	29.9%
Average no. of trades per trading day	1,645,033	1,773,765	-7.3%
Fund raised by IPOs ($Mil.)	32,780	24,961	31.3%
Total funds raised (including IPOs) ($Mil.)*	88,285	134,352	-34.3%
Derivatives Market	Apr 2019 YTD	Apr 2018 YTD	% Change
*Average daily volume (contracts)*
– Equity Index Futures	483,863	496,068	-2.5%
– Stock Futures	5,000	1,144	337.1%
– Interest Rates Futures	0	2	-100.0%
– RMB Currency Futures	8,239	5,322	54.8%
– Gold Futures	1,723	1,728	-0.3%
– Iron Ore Futures	59	40	47.5%
– London Metal Mini Futures	1	15	-93.3%
– Equity Index Options	153,437	168,890	-9.1%
– Stock Options	522,501	631,259	-17.2%
– RMB Currency Options	65	31	109.7%
Clearing & Settlement	Apr 2019 YTD	Apr 2018 YTD	% Change
Average daily number of exchange trades handled by CCASS	1,644,357	1,773,100	-7.26%
Average daily number of settlement instructions (SIs) settled by CCASS	102,166	111,337	-8.24%
Average daily number of investor SIs (ISIs) settled by CCASS	258	408	-36.76%

# 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 30 April 2019

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	477,061	2019/02/25	635,051	2018/12/27
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	3,749,790	2018/11/28
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	25,534	2018/11/02	48,450	2018/11/28

Updated 30 Apr 2019