HKEX Monthly Market Highlights
Highlights
Securities Market
- Market capitalisation was $41.6 trillion at the end of September 2020, an increase of 36 per cent from $30.6 trillion for the same period last year.
- The average daily turnover in September 2020 was $122.7 billion, an increase of 62 per cent from $75.8 billion for the same period last year.
- The average daily turnover for the first nine months of 2020 was $125.7 billion, an increase of 39 per cent when compared with $90.5 billion for the same period last year.
- The average daily turnover of CBBCs for the first nine months of 2020 was $9.8 billion, an increase of 15 per cent when compared with $8.5 billion for the same period last year.
- The average daily turnover of ETFs for the first nine months of 2020 was $5.1 billion, an increase of 11 per cent when compared with $4.6 billion for the same period last year.
- Funds raised through IPOs for the first nine months of 2020 was $211.4 billion, an increase of 58 per cent when compared with $133.9 billion for the same period last year.
- Total funds raised for the first nine months of 2020 was $473.8 billion, an increase of 101 per cent when compared with $236.1 billion for the same period last year.
Derivatives Market
- The average daily turnover of futures and options for the first nine months of 2020 was 1,167,216 contracts, an increase of 5 per cent when compared with the 1,113,029 contracts for the same period last year.
- The average daily turnover of Stock Options for the first nine months of 2020 was 522,834 contracts, an increase of 13 per cent when compared with the 463,975 contracts for the same period last year.
- The average daily turnover of Stock Futures for the first nine months of 2020 was 4,519 contracts, an increase of 11 per cent when compared with the 4,075 contracts for the same period last year.
Listed Securities (Main Board and GEM)
Month-end figures
|
|
Sep 2020 |
Sep 2019 |
End 2019 |
|---|---|---|---|
|
No. of listed companies |
2,518 |
2,395 |
2,449 |
|
Total market capitalisation ($Bil.) |
41,638.1 |
30,642.7 |
38,165.0 |
|
No. of newly listed companies * |
13 |
7 |
183 |
|
No. of listed securities |
17,006 |
13,307 |
12,795 |
|
No. of equity warrants |
3 |
2 |
3 |
|
No. of derivatives warrants |
7,135 |
5,295 |
4,571 |
|
No. of inline warrants |
717 |
412 |
922 |
|
No. of CBBCs |
4,940 |
3,684 |
3,298 |
|
No. of unit trusts |
158 |
153 |
148 |
|
No. of debt securities |
1,518 |
1,347 |
1,388 |
* Includes the number of transfer of listings from GEM to Main Board
Securities Market Turnover (Main Board and GEM)
|
|
Sep 2020 |
Aug 2020 |
% Change |
|---|---|---|---|
|
Monthly turnover ($Mil.) * |
2,698,528 |
2,838,335 |
-4.9% |
|
Average daily turnover by value ($Mil.) * |
122,660 |
135,159 |
-9.2% |
|
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)
|
|
Sep 2020 ($Mil) |
Aug 2020 ($Mil) |
% Change |
|---|---|---|---|
|
Equities |
2,095,610.93 (77.7%) |
2,253,262.97 (79.4%) |
-7.0%
|
|
Derivative warrants |
242,848.12 (9.0%) |
243,812.39 (8.6%) |
-0.4%
|
|
CBBCs |
222,972.91 (8.3%) |
209,586.59 (7.4%) |
6.4%
|
|
Inline warrants |
74.65 (0.0%) |
84.51 (0.0%) |
-11.7%
|
|
Unit trusts (include ETFs) |
131,739.17 (4.9%) |
126,660.64 (4.5%) |
4.0%
|
( ) % 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 September 2020 was $28,937 million (1.1% of the securities market total turnover).
Mainland Enterprises (Main Board and GEM)
Month-end figures
|
|
Sep 2020 |
Sep 2019 |
End 2019 |
|---|---|---|---|
|
No. of H shares |
287 |
275 |
284 |
|
No. of Red chips Stocks |
177 |
174 |
173 |
|
No. of Mainland private enterprises |
832 |
752 |
784 |
|
Market capitalisation (% of market total) |
80.4% |
68.3% |
73.2% |
|
Turnover value (% of equity turnover) |
85.3% |
76.7% |
79.0% |
Index Performance
Month-end figures
|
|
Sep 2020 |
% Change |
% Change |
|---|---|---|---|
|
S&P/HKEX LargeCap Index |
37637.19 |
-5.1% |
11.6% |
|
S&P/HKEX GEM Index |
104.27 |
-5.2% |
15.2% |
|
Hang Seng Index |
23459.05 |
-6.8% |
-10.1% |
|
Hang Seng China Enterprises Index |
9397.37 |
-5.9% |
-7.9% |
|
Hang Seng China-Affiliated Corporations Index* |
3589.83 |
-9.7% |
-13.5% |
|
CES China 120 Index ^ |
7474.31 |
-4.6% |
12.1% |
|
CESChina HK Mainland Index + |
7927.56 |
-5.5% |
10.2% |
* - 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) |
||
|---|---|---|---|
|
Sep 2020 |
Aug 2020 |
% Change |
|
|
Total Futures |
427,162 |
428,092 |
-0.2% |
|
Hang Seng Index Futures |
151,504 |
156,360 |
-3.1% |
|
Mini Hang Seng Index Futures |
105,060 |
107,576 |
-2.3% |
|
HSI (Gross Total Return Index) Futures |
0 |
0 |
- |
|
HSI (Net Total Return Index) Futures |
0 |
0 |
- |
|
Hang Seng China Enterprises Index Futures |
134,263 |
129,652 |
3.6% |
|
Mini-Hang Seng China Enterprises Index Futures |
15,382 |
18,370 |
-16.3% |
|
HSCEI (Gross Total Return Index) Futures |
0 |
0 |
- |
|
HSCEI (Net Total Return Index) Futures |
0 |
0 |
- |
|
HSI Dividend Point Index Futures |
50 |
414 |
-87.9% |
|
HSCEI Dividend Point Index Futures |
561 |
815 |
-31.2% |
|
HSI Volatility Index Futures |
0 |
0 |
- |
|
MSCI AC Asia ex Japan NTR Index Futures |
460 |
162 |
184.0% |
|
MSCI Australia Net Total Return (USD) Index Futures |
0 |
1 |
-100.0% |
|
MSCI China Free (USD) Index Futures # |
0 |
0 |
- |
|
MSCI China Free Net Total Return (USD) Index Futures |
396 |
7 |
5557.1% |
|
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 |
2 |
2 |
0.0% |
|
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 |
10 |
-100.0% |
|
MSCI Emerging Markets Net Total Return (USD) Index Futures |
0 |
0 |
- |
|
MSCI Hong Kong Net Total Return (USD) Index Futures |
0 |
0 |
- |
|
MSCI India (USD) Index Futures # |
0 |
0 |
- |
|
MSCI India Net Total Return (USD) Index Futures |
28 |
3 |
833.3% |
|
MSCI Indonesia (USD) Index Futures |
5 |
7 |
-28.6% |
|
MSCI Indonesia Net Total Return (USD) Index Futures |
29 |
15 |
93.3% |
|
MSCI Japan (JPY) Index Futures * |
0 |
- |
- |
|
MSCI Japan Net Total Return (JPY) Index Futures * |
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 |
27 |
16 |
68.8% |
|
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 |
0 |
- |
|
MSCI Singapore Free (SGD) Index Futures * |
21 |
- |
- |
|
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 |
3,409 |
357 |
854.9% |
|
MSCI Taiwan 25/50 (USD) Index Futures * |
7 |
- |
- |
|
MSCI Taiwan 25/50 Net Total Return (USD) Index Futures * |
0 |
- |
- |
|
MSCI Taiwan Net Total Return (USD) Index Futures |
1,010 |
7 |
14328.6% |
|
MSCI Thailand (USD) Index Futures # |
0 |
0 |
- |
|
MSCI Thailand Net Total Return (USD) Index Futures |
138 |
53 |
160.4% |
|
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 |
4,462 |
5,349 |
-16.6% |
|
3-Month HIBOR Futures |
0 |
0 |
- |
|
1-Month HIBOR Futures |
0 |
0 |
- |
|
RMB Currency Futures - USD/CNH Futures |
7,688 |
6,980 |
10.1% |
|
RMB Currency Futures - EUR/CNH Futures |
1 |
0 |
- |
|
RMB Currency Futures - JPY/CNH Futures |
0 |
0 |
- |
|
RMB Currency Futures - AUD/CNH Futures |
0 |
0 |
- |
|
RMB Currency Futures - CNH/USD Futures |
4 |
2 |
100.0% |
|
INR Currency Futures - INR/USD Futures |
1,073 |
618 |
73.6% |
|
INR Currency Futures - INR/CNH Futures |
0 |
0 |
- |
|
USD Gold Futures |
37 |
29 |
27.6% |
|
CNH Gold Futures |
0 |
0 |
- |
|
USD Silver Futures |
6 |
7 |
-14.3% |
|
CNH Silver Futures |
0 |
0 |
- |
|
Iron Ore Futures – Monthly Contracts |
397 |
478 |
-16.9% |
|
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 |
125 |
114 |
9.6% |
|
USD London Zinc Mini Futures |
458 |
361 |
26.9% |
|
USD London Copper Mini Futures |
547 |
300 |
82.3% |
|
USD London Lead Mini Futures |
0 |
0 |
- |
|
USD London Nickel Mini Futures |
35 |
24 |
45.8% |
|
USD London Tin Mini Futures |
0 |
0 |
- |
|
Total Options |
592,187 |
601,343 |
-1.5% |
|
Hang Seng Index Options |
35,040 |
34,892 |
0.4% |
|
Mini Hang Seng Index Options |
13,398 |
13,767 |
-2.7% |
|
Weekly Hang Seng Index Options |
6,025 |
4,429 |
36.0% |
|
Flexible Hang Seng Index Options |
0 |
0 |
- |
|
Hang Seng China Enterprises Index Options |
68,523 |
56,982 |
20.3% |
|
Mini-Hang Seng China Enterprises Index Options |
2,946 |
1,800 |
63.7% |
|
Weekly Hang Seng China Enterprises Index Options |
1,843 |
1,158 |
59.2% |
|
Flexible Hang Seng China Enterprises Index Options |
0 |
0 |
- |
|
Stock Options |
464,386 |
488,282 |
-4.9% |
|
RMB Currency Options - USD/CNH Options |
26 |
33 |
-21.2% |
|
Total Futures and Options |
1,019,349 |
1,029,435 |
-1.0% |
# Trading commenced on 3 August 2020
^ Trading commenced on 17 August 2020
* Trading commenced on 28 September 2020
Clearing and Settlement
|
CCASS Statistics (securities market) |
Sep 2020 |
Aug 2020 |
% Change |
|---|---|---|---|
|
Average daily number of exchange trades settled by CCASS |
1,873,089 |
2,105,862 |
-11.05% |
|
Average daily number of settlement instructions (“SIs”) settled by CCASS |
112,929 |
111,504 |
1.28% |
|
Average daily number of investor SIs (“ISIs”) settled by CCASS |
262 |
269 |
-2.60% |
|
Average daily settlement efficiency of CNS stock positions on due day (T+2) |
99.93 |
99.97 |
N/A |
|
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation |
58.26 |
57.70 |
N/A |
|
DCASS Statistics (derivatives market) |
Sep 2020 |
Aug 2020 |
% Change |
|
Month-end Open Interest (contracts) |
|
|
|
|
– Equity Index Futures |
673,030 |
610,088 |
10.3% |
|
– Stock Futures |
16,485 |
21,335 |
-22.7% |
|
– Interest Rates Futures |
67 |
111 |
-39.6% |
|
– RMB Currency Futures |
25,968 |
24,292 |
6.9% |
|
– INR Currency Futures |
540 |
287 |
88.2% |
|
– Gold Futures |
66 |
142 |
-53.5% |
|
– Silver Futures |
104 |
112 |
-7.1% |
|
– Iron Ore Futures |
1,690 |
2,183 |
-22.6% |
|
– London Metal Mini Futures |
2,011 |
757 |
165.7% |
|
– Equity Index Options |
2,588,566 |
2,939,286 |
-11.9% |
|
– Stock Options |
8,718,073 |
10,476,787 |
-16.8% |
|
– RMB Currency Options |
3,046 |
3,726 |
-18.3% |
Year-to-date Statistics
|
Securities Market |
Sep 2020 YTD |
Sep 2019 YTD |
% Change |
|---|---|---|---|
|
No. of newly listed companies # |
104 |
108 |
-3.7% |
|
Average daily turnover by value ($Mil.) ^ |
125,716 |
90,538 |
38.9% |
|
Average share traded per trading day (Mil. Shares) |
219,831 |
264,810 |
-17.0% |
|
Average no. of trades per trading day |
1,935,162 |
1,513,976 |
27.8% |
|
Fund raised by IPOs ($Mil.) |
211,356 |
133,863 |
57.9% |
|
Total funds raised (including IPOs) ($Mil.)* |
473,760 |
236,053 |
100.7% |
|
Derivatives Market |
Sep 2020 YTD |
Sep 2019 YTD |
% Change |
|
Average daily volume (contracts) |
|
|
|
|
– Equity Index Futures |
476,533 |
474,696 |
0.4% |
|
– Stock Futures |
4,519 |
4,075 |
10.9% |
|
– Interest Rates Futures |
2 |
1 |
100.0% |
|
– RMB Currency Futures |
7,032 |
8,726 |
-19.4% |
|
– INR Currency Futures |
763 |
- |
- |
|
– Gold Futures |
362 |
2,277 |
-84.1% |
|
– Silver Futures |
12 |
- |
- |
|
– Iron Ore Futures |
442 |
273 |
61.9% |
|
– London Metal Mini Futures |
674 |
90 |
648.9% |
|
– Equity Index Options |
154,008 |
158,845 |
-3.0% |
|
– Stock Options |
522,834 |
463,975 |
12.7% |
|
– RMB Currency Options |
41 |
72 |
-43.1% |
|
Clearing & Settlement |
Sep 2020 YTD |
Sep 2019 YTD |
% Change |
|
Average daily number of exchange trades handled by CCASS |
1,933,520 |
1,513,226 |
27.77% |
|
Average daily number of settlement instructions (SIs) settled by CCASS |
112,032 |
96,126 |
16.55% |
|
Average daily number of investor SIs (ISIs) settled by CCASS |
281 |
239 |
17.57% |
# 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 September 2020
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 ($) |
|---|---|---|
|
1 |
2015/04/09 |
293,910,756,648 |
|
2 |
2018/03/23 |
284,101,947,853 |
|
3 |
2015/04/13 |
266,098,632,854 |
|
4 |
2018/02/06 |
258,799,618,543 |
|
5 |
2015/04/08 |
252,396,050,844 |
|
6 |
2020/07/06 |
251,286,866,930 |
|
7 |
2020/07/07 |
240,379,359,587 |
|
8 |
2015/04/14 |
239,903,336,931 |
|
9 |
2015/07/08 |
237,429,139,110 |
|
10 |
2015/04/10 |
222,888,834,174 |
Top 10 Market Capitalisation
(Main Board and GEM)
|
Rank |
Date |
Market Capitalisation ($) |
|---|---|---|
|
1 |
2020/09/02 |
43,368,353,685,675 |
|
2 |
2020/08/27 |
43,170,917,158,280 |
|
3 |
2020/08/26 |
43,120,635,344,343 |
|
4 |
2020/08/28 |
43,109,852,375,228 |
|
5 |
2020/09/01 |
43,017,466,863,903 |
|
6 |
2020/09/03 |
42,916,188,926,948 |
|
7 |
2020/08/24 |
42,903,015,371,896 |
|
8 |
2020/08/25 |
42,832,944,575,089 |
|
9 |
2020/09/16 |
42,757,887,383,259 |
|
10 |
2020/08/31 |
42,746,788,800,887 |
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 |
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 |
|
Mini Hang Seng Index Futures |
298,812 |
2020/03/19 |
22,321 |
2018/10/26 |
|
Hang Seng China Enterprises Index Options |
232,994 |
2018/02/09 |
3,749,790 |
2018/11/28 |
|
Hang Seng Index Options |
133,419 |
2019/08/26 |
594,941 |
2017/11/28 |
|
Mini-Hang Seng China Enterprises Index Futures |
76,471 |
2018/02/06 |
16,436 |
2014/12/11 |
|
MSCI AC Asia ex Japan NTR Index Futures |
56,378 |
2019/12/16 |
46,698 |
2019/09/17 |
|
Mini Hang Seng Index Options |
36,928 |
2019/08/26 |
66,588 |
2019/08/28 |
|
Stock Futures |
27,966 |
2007/03/28 |
47,050 |
2013/03/27 |