HKEX Monthly Market Highlights

Highlights

- Securities Market

Market capitalisation was $26.4 trillion at the end of October 2022.
The average daily turnover in October 2022 was $104.6 billion, an increase of 13 per cent when compared with $92.9 billion in September 2022.
The average daily turnover of ETFs for the first ten months of 2022 was $9.3 billion, an increase of 39 per cent when compared with $6.7 billion for the same period last year.
The average daily turnover of L&I Products for the first ten months of 2022 was $2.0 billion, an increase of 67 per cent when compared with $1.2 billion for the same period last year.
The average daily turnover of Debt Securities for the first ten months of 2022 was $590 million, an increase of 48 per cent when compared with $400 million for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first ten months of 2022 was 1,265,940 contracts, an increase of 5 per cent when compared with the 1,203,690 contracts for the same period last year.
The average daily turnover of equity index futures for the first ten months of 2022 was 543,733 contracts, an increase of 32 per cent when compared with the 410,403 contracts for the same period last year.
The average daily turnover of equity index options for the first ten months of 2022 was 116,456 contracts, an increase of 17 per cent when compared with the 99,216 contracts for the same period last year.
The average daily turnover of RMB Currency Futures for the first ten months of 2022 was 18,123 contracts, an increase of 61 per cent when compared with the 11,256 contracts for the same period last year.
On 27 October 2022, the turnover of Hang Seng China Enterprises Index Futures reached a record high of 552,809 contracts respectively.
On 25 October 2022, the turnover of Hang Seng TECH Index Futures reached a record high of 306,517 contracts.
On 20 October 2022, the turnover of Weekly Hang Seng Index Options reached a record high of 26,099 contracts respectively.
On 11 October 2022, the turnover of Hang Seng China Enterprises Index Futures Options reached a record high of 68,158 contracts.
On 28 October 2022, the turnover of RMB Currency Futures - USD/CNH Futures reached a record high of 47,104 contracts.

Listed Securities (Main Board and GEM)

Month-end figures

	Oct 2022	Oct 2021	End 2021
No. of listed companies	2,580	2,558	2,572
Total market capitalisation ($Bil.)	26,394.6	45,265.2	42,381.1
No. of newly listed companies *	6	3	98
No. of listed securities	16,294	18,912	18,882
No. of SPAC shares	4	-	-
No. of equity warrants (excluding SPAC warrants)	2	4	4
No. of SPAC warrants	4	-	-
No. of derivatives warrants	7,290	9,305	9,464
No. of inline warrants	33	153	98
No. of CBBCs	4,417	4,963	4,817
No. of unit trusts	182	169	167
No. of debt securities	1,779	1,745	1,747

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

Number of Newly Listed Securities (Main Board and GEM)

	Oct 2022	Oct 2021	2021
Derivatives warrants	1,011	1,098	16,684
CBBCs	3,331	2,954	42,807
Unit trusts	3	3	34
Debt securities	13	35	508

Securities Market Turnover (Main Board and GEM)

	Oct 2022	Sep 2022	% Change
Monthly turnover ($Mil.) *	2,091,901	1,950,314	7.3%
Average daily turnover by value ($Mil.) *	104,595	92,872	12.6%
No. of trading days	20	21	-

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

Turnover by Type of Securities (Main Board and GEM)

	Oct 2022 ($Mil)	Sep 2022 ($Mil)	% Change
Equities	1,526,003.99 (72.9%)	1,482,093.29 (76.0%)	3.0%
Derivative warrants	132,610.72 (6.3%)	138,533.94 (7.1%)	-4.3%
CBBCs	149,480.24 (7.1%)	127,090.09 (6.5%)	17.6%
Inline warrants	2.43 (0.0%)	2.07 (0.0%)	17.4%
Unit trusts (include ETFs)	270,967.98 (13.0%)	189,106.46 (9.7%)	43.3%

Oct 2022

($Mil)

Sep 2022

($Mil)

% Change

Equities

1,526,003.99

(72.9%)

1,482,093.29

(76.0%)

3.0%

Derivative warrants

132,610.72

(6.3%)

138,533.94

(7.1%)

-4.3%

CBBCs

149,480.24

(7.1%)

127,090.09

(6.5%)

17.6%

Inline warrants

2.43

(0.0%)

2.07

(0.0%)

17.4%

Unit trusts

(include ETFs)

270,967.98

(13.0%)

189,106.46

(9.7%)

43.3%

( ) % 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 Oct 2022 was $27,160 million (1.3% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Oct 2022	Oct 2021	End 2021
No. of H shares	310	290	296
No. of Red chips Stocks	174	174	174
No. of Mainland private enterprises	905	886	898
Market capitalisation (% of market total)	75.7%	79.6%	78.9%
Turnover value (% of equity turnover)	85.8%	87.8%	88.1%

Index Performance

Month-end figures

	Oct 2022	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	20456.10	-16.4%	-45.5%
S&P/HKEX GEM Index	32.51	-8.2%	-58.0%
Hang Seng Index	14687.02	-14.7%	-42.1%
Hang Seng China Enterprises Index	4938.56	-16.5%	-44.9%
Hang Seng China-Affiliated Corporations Index*	2830.97	-15.2%	-26.8%
CES China 120 Index ^	4598.06	-13.7%	-36.3%
CESChina HK Mainland Index +	3900.18	-19.0%	-49.1%

* - 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 2022	Sep 2022	% Change
Total Futures	687,111	521,783	31.7%
Hang Seng Index Futures	174,368	141,169	23.5%
Mini Hang Seng Index Futures	119,795	86,871	37.9%
HSI (Gross Total Return Index) Futures	0	0	-
HSI (Net Total Return Index) Futures	0	0	-
Hang Seng China Enterprises Index Futures	220,729	166,403	32.6%
Mini-Hang Seng China Enterprises Index Futures	12,334	8,916	38.3%
HSCEI (Gross Total Return Index) Futures	0	0	-
HSCEI (Net Total Return Index) Futures	0	0	-
HSI Dividend Point Index Futures	0	0	-
HSCEI Dividend Point Index Futures	1,621	1,112	45.8%
HSI Volatility Index Futures	0	0	-
Hang Seng TECH Index Futures	101,547	67,638	50.1%
MSCI AC Asia ex Japan NTR Index Futures	8	61	-86.9%
MSCI Australia Net Total Return (USD) Index Futures	0	0	-
MSCI China A 50 Connect (USD) Index Futures	12,199	13,257	-8.0%
MSCI China (USD) Index Futures	0	0	-
MSCI China Free (USD) Index Futures	0	0	-
MSCI China Free Net Total Return (USD) Index Futures	0	5	-100.0%
MSCI China Net Total Return (USD) Index Futures	152	1,763	-91.4%
MSCI EM Asia ex China Net Total Return (USD) Index Futures	0	0	-
MSCI EM Asia ex Korea Net Total Return (USD) Index Futures	0	0	-
MSCI EM Asia Net Total Return (USD) Index Futures	4	9	-55.6%
MSCI EM EMEA Net Total Return (USD) Index Futures	0	0	-
MSCI EM ex China Net Total Return (USD) Index Futures	0	0	-
MSCI EM ex Korea Net Total Return (USD) Index Futures	0	0	-
MSCI EM LatAm Net Total Return (USD) Index Futures	0	0	-
MSCI Emerging Markets (USD) Index Futures	0	0	-
MSCI Emerging Markets Net Total Return (USD) Index Futures	0	18	-100.0%
MSCI Hong Kong Net Total Return (USD) Index Futures	6	511	-98.8%
MSCI India (USD) Index Futures	0	0	-
MSCI India Net Total Return (USD) Index Futures	0	9	-100.0%
MSCI Indonesia (USD) Index Futures	0	0	-
MSCI Indonesia Net Total Return (USD) Index Futures	2	35	-94.3%
MSCI Japan (JPY) Index Futures	0	0	-
MSCI Japan Net Total Return (JPY) Index Futures	0	0	-
MSCI Japan Net Total Return (USD) Index Futures	0	0	-
MSCI Malaysia (USD) Index Futures	0	0	-
MSCI Malaysia Net Total Return (USD) Index Futures	0	6	-100.0%
MSCI New Zealand Net Total Return (USD) Index Futures	0	0	-
MSCI Pacific ex Japan Net Total Return (USD) Index Futures	0	0	-
MSCI Pacific Net Total Return (USD) Index Futures	0	0	-
MSCI Philippines (USD) Index Futures	0	0	-
MSCI Philippines Net Total Return (USD) Index Futures	0	2	-100.0%
MSCI Singapore Free (SGD) Index Futures	0	1	-100.0%
MSCI Singapore Free Net Total Return (USD) Index Futures	0	0	-
MSCI Singapore Net Total Return (USD) Index Futures	0	0	-
MSCI Taiwan (USD) Index Futures	9,435	8,718	8.2%
MSCI Taiwan 25/50 (USD) Index Futures	22	19	15.8%
MSCI Taiwan 25/50 Net Total Return (USD) Index Futures	0	0	-
MSCI Taiwan Net Total Return (USD) Index Futures	12	355	-96.6%
MSCI Thailand (USD) Index Futures	0	0	-
MSCI Thailand Net Total Return (USD) Index Futures	2	3	-33.3%
MSCI Vietnam (USD) Index Futures	0	0	-
MSCI Vietnam Net Total Return (USD) Index Futures	0	0	-
CES China 120 Index Futures	0	0	-
Hang Seng Mainland Oil & Gas Index Futures	0	0	-
Hang Seng Mainland Banks Index Futures	0	0	-
Hang Seng Mainland Properties Index Futures	0	0	-
IBOVESPA Futures	0	0	-
MICEX Index Futures	0	0	-
FTSE/JSE Top40 Futures	0	0	-
Stock Futures	5,962	5,772	3.3%
3-Month HIBOR Futures	2	0	-
1-Month HIBOR Futures	0	0	-
RMB Currency Futures - USD/CNH Futures	22,551	13,057	72.7%
RMB Currency Futures - Mini USD/CNH Futures	2,308	2,762	-16.4%
RMB Currency Futures - EUR/CNH Futures	3	16	-81.3%
RMB Currency Futures - JPY/CNH Futures	0	0	-
RMB Currency Futures - AUD/CNH Futures	0	0	-
RMB Currency Futures - CNH/USD Futures	2	5	-60.0%
INR Currency Futures - INR/USD Futures	846	647	30.8%
INR Currency Futures - INR/CNH Futures	0	0	-
USD Gold Futures	2,322	1,754	32.4%
CNH Gold Futures	0	0	-
USD Silver Futures	9	20	-55.0%
CNH Silver Futures	0	0	-
Iron Ore Futures – Monthly Contracts	0	0	-
Iron Ore Futures – Quarterly Contracts	0	0	-
CNH London Aluminium Mini Futures	0	0	-
CNH London Zinc Mini Futures	0	0	-
CNH London Copper Mini Futures	0	0	-
CNH London Lead Mini Futures	0	0	-
CNH London Nickel Mini Futures	0	0	-
CNH London Tin Mini Futures	0	0	-
USD London Aluminium Mini Futures	244	205	19.0%
USD London Zinc Mini Futures	400	417	-4.1%
USD London Copper Mini Futures	226	247	-8.5%
USD London Lead Mini Futures	0	0	-
USD London Nickel Mini Futures	0	0	-
USD London Tin Mini Futures	0	0	-
Total Options	803,539	629,692	27.6%
Hang Seng Index Options	33,669	23,629	42.5%
Mini Hang Seng Index Options	14,997	11,243	33.4%
Weekly Hang Seng Index Options	12,489	11,804	5.8%
Flexible Hang Seng Index Options	0	0	-
Hang Seng Index Futures Options	3,950	2,990	32.1%
Hang Seng China Enterprises Index Options	64,003	45,632	40.3%
Mini-Hang Seng China Enterprises Index Options	3,746	3,923	-4.5%
Weekly Hang Seng China Enterprises Index Options	1,829	1,656	10.4%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Hang Seng China Enterprises Index Futures Options	36,969	23,450	57.7%
Hang Seng TECH Index Options	2,388	1,519	57.2%
MSCI China Free (USD) Index Options	0	0	-
MSCI Taiwan (USD) Index Options	0	0	-
Stock Options	629,460	503,803	24.9%
RMB Currency Options - USD/CNH Options	39	43	-9.3%
Total Futures and Options	1,490,650	1,151,475	29.5%

* Total average daily volume is the sum of the respective average volume of the individual products

Clearing and Settlement

CCASS Statistics (securities market)	Oct 2022	Sep 2022	% Change
Average daily number of exchange trades settled by CCASS	1,964,665	1,705,481	15.20%
Average daily number of settlement instructions (“SIs”) settled by CCASS	102,207	102,434	-0.22%
Average daily number of investor SIs (“ISIs”) settled by CCASS	161	167	-3.75%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.92	99.85	N/A
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	75.44 63.31	75.23 63.88	N/A N/A
DCASS Statistics (derivatives market)	Oct 2022	Sep 2022	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	1,093,379	997,384	9.6%
– Stock Futures	29,028	29,964	-3.1%
– Interest Rates Futures	45	40	12.5%
– RMB Currency Futures	25,728	23,647	8.8%
– INR Currency Futures	226	215	5.1%
– Gold Futures	234	165	41.8%
– Silver Futures	0	0	-
– Iron Ore Futures	0	0	-
– London Metal Mini Futures	1	0	-
– Equity Index Options	2,595,007	2,181,154	19.0%
– Stock Options	8,915,013	7,810,740	14.1%
– RMB Currency Options	1,010	1,161	-13.0%

Year-to-date Statistics

Securities Market	Oct 2022 YTD	Oct 2021 YTD	% Change
No. of newly listed companies #	62	76	-18.4%
Average daily turnover by value ($Mil.) ^	122,205	175,838	-30.5%
Average share traded per trading day (Mil. Shares)	239,640	250,253	-4.2%
Average no. of trades per trading day	2,085,562	2,444,597	-14.7%
Fund raised by IPOs ($Mil.)*	85,086	290,755	-70.7%
Total funds raised (including IPOs) ($Mil.)**	211,726	638,898	-66.9%
Derivatives Market	Oct 2022 YTD	Oct 2021 YTD	% Change
*Average daily volume (contracts)*
– Equity Index Futures	543,733	410,403	32.5%
– Stock Futures	7,944	10,331	-23.1%
– Interest Rates Futures	1	0	-
– RMB Currency Futures	18,123	11,256	61.0%
– INR Currency Futures	981	1,036	-5.3%
– Gold Futures	1,677	132	1170.5%
– Silver Futures	10	5	100.0%
– Iron Ore Futures	27	20	35.0%
– London Metal Mini Futures	1,371	1,687	-18.7%
– Equity Index Options	116,456	99,216	17.4%
– Stock Options	575,587	669,580	-14.0%
– RMB Currency Options	30	24	25.0%
Clearing & Settlement	Oct 2022 YTD	Oct 2021 YTD	% Change
Average daily number of exchange trades handled by CCASS	2,084,466	2,440,141	-14.58%
Average daily number of settlement instructions (SIs) settled by CCASS	112,089	129,122	-13.19%
Average daily number of investor SIs (ISIs) settled by CCASS	207	282	-26.47%

# Includes the number of transfer of listings from GEM to Main Board
^ Turnover value for traded in non-HKD currency securities have been included
* Includes fund raised by initial offering by way of subscription, sales and placing
** Provisional figures only

Historical Records

up to 31 Oct 2022

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	2021/07/27	361,238,455,648
2	2021/02/24	354,330,826,815
3	2021/02/26	321,313,602,377
4	2022/03/16	309,913,857,581
5	2021/02/22	303,594,716,032
6	2021/01/19	302,507,509,559
7	2021/01/20	301,244,822,148
8	2022/03/17	301,106,198,997
9	2015/04/09	293,910,756,648
10	2021/01/25	288,079,469,553

Top 10 Market Capitalisation

(Main Board and GEM)

Rank	Date	Market Capitalisation ($)
1	2021/02/17	58,672,185,510,043
2	2021/02/16	57,829,770,591,111
3	2021/02/19	57,502,986,918,920
4	2021/02/18	57,470,114,718,778
5	2021/02/11	56,844,960,338,845
6	2021/02/10	56,495,679,850,172
7	2021/02/22	56,276,247,080,503
8	2021/02/23	56,194,869,034,753
9	2021/02/09	55,171,603,385,082
10	2021/02/25	55,137,617,193,968

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	1,545,227	2020/07/06	15,625,280	2021/03/29
Hang Seng China Enterprises Index Futures	552,809	2022/10/27	695,037	2022/10/26
Hang Seng Index Futures	422,450	2018/10/26	206,082	2017/06/27
Hang Seng China Enterprises Index Options	389,483	2021/01/11	3,749,790	2018/11/28
Hang Seng TECH Index Futures	306,517	2022/10/25	166,555	2022/10/25
Mini Hang Seng Index Futures	298,812	2020/03/19	31,150	2022/09/29
Hang Seng Index Options	140,628	2021/01/11	594,941	2017/11/28
Mini-Hang Seng China Enterprises Index Futures	76,471	2018/02/06	16,436	2014/12/11
Hang Seng China Enterprises Index Futures Options	68,158	2022/10/11	812,809	2022/10/31
MSCI China A 50 Connect (USD) Index Futures	65,682	2022/02/16	42,718	2022/01/18

Updated 31 Oct 2022