HKEX Monthly Market Highlights

Highlights

- Securities Market

Market capitalisation was $32.1 trillion at the end of June 2024.
The average daily turnover in June 2024 was $111.2 billion, an increase of 11 per cent from $99.8 billion for the same period last year.
The average daily turnover for the first six months of 2024 was $110.4 billion.
The average daily turnover of ETFs for the first six months of 2024 was $11.9 billion, an increase of 2 per cent when compared with $11.7 billion for the same period last year.
The average daily turnover of L&I Products for the first six months of 2024 was $2.4 billion, an increase of 9 per cent when compared with $2.2 billion for the same period last year.
The average daily turnover of Debt Securities for the first six months of 2024 was $530 million, an increase of 10 per cent when compared with $480 million for the same period last year.

- Derivatives Market

The average daily volume of futures and options for the first six months of 2024 was 1,532,608 contracts, an increase of 12 per cent when compared with the 1,368,115 contracts for the same period last year.
The average daily volume of equity index futures for the first six months of 2024 was 595,290 contracts, an increase of 6 per cent when compared with the 564,196 contracts for the same period last year.
The average daily volume of equity index options for the first six months of 2024 was 151,101 contracts, an increase of 2 per cent when compared with the 148,008 contracts for the same period last year.
The average daily volume of Stock Options for the first six months of 2024 was 695,757 contracts, an increase of 10 per cent when compared with the 632,651 contracts for the same period last year.
The average daily volume of Stock Futures for the first six months of 2024 was 8,306 contracts, an increase of 22 per cent when compared with the 6,818 contracts for the same period last year.
The average daily volume of RMB Currency Futures for the first six months of 2024 was 80,609 contracts, an increase of 413 per cent when compared with the 15,698 contracts for the same period last year.
On 20 June 2024, the volume of RMB Currency Futures - USD/CNH Futures reached a record high of 224,938 contracts.
On 6 June 2024, the volume of MSCI Malaysia Net Total Return (USD) Index Futures reached a record high of 2,200 contracts.

Listed Securities (Main Board and GEM)

Month-end figures

	Jun 2024	Jun 2023	End 2023
No. of listed companies	2,617	2,604	2,609
Total market capitalisation ($Bil.)	32,136.0	33,869.6	31,039.1
No. of newly listed companies *	9	5	73
No. of listed securities	13,346	14,494	12,810
No. of SPAC shares	5	5	5
No. of equity warrants (excluding SPAC warrants)	1	2	2
No. of SPAC warrants	5	5	5
No. of derivatives warrants	4,919	5,809	4,801
No. of inline warrants	-	5	-
No. of CBBCs	4,009	4,214	3,578
No. of unit trusts	204	186	186
No. of debt securities	1,587	1,663	1,624

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

Number of Newly Listed Securities (Main Board and GEM)

	Jun 2024	Jun 2023	2023
Derivatives warrants	415	622	7,967
CBBCs	1,504	1,946	22,851
Unit trusts	4	1	16
Debt securities	38	24	222

Securities Market Turnover (Main Board and GEM)

	Jun 2024	May 2024	% Change
Monthly turnover ($Mil.) *	2,113,717	2,936,129	-28.0%
Average daily turnover by value ($Mil.) *	111,248	139,816	-20.4%
No. of trading days	19	21	-

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

Stock Connect Summary

	Jun 2024	May 2024	% Change
Total Northbound average daily turnover by value (RMB Mil) (For ETF and Stocks)	118,869	124,763	-4.7%
Total Southbound average daily turnover by value ($ Mil) (For ETF and Stocks)	38,512	55,695	-30.9%
No. of Northbound trading days	19	19	-
No. of Southbound trading days	19	19	-

Turnover by Type of Securities (Main Board and GEM)

	Jun 2024 ($Mil)	May 2024 ($Mil)	% Change
Equities	1,638,595.86 (77.5%)	2,333,527.62 (79.5%)	-29.8%
Derivative warrants	82,131.75 (3.9%)	94,847.68 (3.2%)	-13.4%
CBBCs	111,680.87 (5.3%)	118,282.16 (4.0%)	-5.6%
Unit Trusts (include ETFs)	270,562.96 (12.8%)	381,483.15 (13.0%)	-29.1%

( ) % of market total
Turnover value for securities traded in non-Hong Kong dollar currency have been included

Average Daily Turnover by Type of Securities (Main Board and GEM)

	Jun 2024 ($Mil)	May 2024 ($Mil)	% Change
Equities	86,241.89	111,120.36	-22.4%
Derivative warrants	4,322.72	4,516.56	-4.3%
CBBCs	5,877.94	5,632.48	4.4%
Unit trusts (include ETFs)	14,240.16	18,165.86	-21.6%
Others	565.56	380.39	48.7%
Total	111,248.27	139,815.66	-20.4%

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 Jun 2024 was $23,993 million (1.1% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Jun 2024	Jun 2023	End 2023
No. of H shares	343	321	339
No. of Non-H share Mainland enterprises	1,117	1,108	1,108
Market capitalisation (% of market total)	79.0%	76.6%	76.5%
Turnover value (% of equity turnover)	87.4%	87.1%	87.1%

Index Performance

Month-end figures

	Jun 2024	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	26004.36	-0.9%	-4.6%
S&P/HKEX GEM Index	16.12	-3.4%	-48.4%
Hang Seng Index	17718.61	-2.0%	-6.3%
Hang Seng China Enterprises Index	6331.86	-0.9%	-1.4%
Hang Seng China-Affiliated Corporations Index*	3867.09	0.0%	3.9%
CES China 120 Index ^	5225.31	-2.0%	-5.1%
CES China HK Mainland Index +	4801.55	-1.2%	-5.4%

* - 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)*
	Jun 2024	May 2024	% Change
Total Futures	625,263	686,252	-8.9%
Hang Seng Index Futures	132,379	141,952	-6.7%
Mini Hang Seng Index Futures	89,029	95,932	-7.2%
HSI (Gross Total Return Index) Futures	0	0	-
HSI (Net Total Return Index) Futures	0	0	-
Hang Seng China Enterprises Index Futures	182,001	201,305	-9.6%
Mini-Hang Seng China Enterprises Index Futures	8,155	9,299	-12.3%
HSCEI (Gross Total Return Index) Futures	0	0	-
HSCEI (Net Total Return Index) Futures	0	0	-
HSI Dividend Point Index Futures	99	81	22.2%
HSCEI Dividend Point Index Futures	516	2,570	-79.9%
HSI Volatility Index Futures	0	0	-
Hang Seng TECH Index Futures	93,988	115,168	-18.4%
MSCI AC Asia ex Japan NTR Index Futures	1,021	12	8408.3%
MSCI Australia Net Total Return (USD) Index Futures	0	0	-
MSCI China A 50 Connect (USD) Index Futures	10,453	13,452	-22.3%
MSCI China (USD) Index Futures	0	0	-
MSCI China Net Total Return (USD) Index Futures	3,072	1,256	144.6%
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	478	8	5875.0%
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	0	-
MSCI Emerging Markets Net Total Return (USD) Index Futures	6	3	100.0%
MSCI Hong Kong Net Total Return (USD) Index Futures	248	45	451.1%
MSCI India (USD) Index Futures	2,261	1,758	28.6%
MSCI India Net Total Return (USD) Index Futures	344	22	1463.6%
MSCI Indonesia (USD) Index Futures	0	0	-
MSCI Indonesia Net Total Return (USD) Index Futures	370	18	1955.6%
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	127	3	4133.3%
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	82	0	-
MSCI Philippines Net Total Return (USD) Index Futures	9	2	350.0%
MSCI Singapore Free (SGD) Index Futures	1	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	6,433	4,500	43.0%
MSCI Taiwan 25/50 (USD) Index Futures	21	17	23.5%
MSCI Taiwan 25/50 Net Total Return (USD) Index Futures	0	0	-
MSCI Taiwan Net Total Return (USD) Index Futures	230	104	121.2%
MSCI Thailand (USD) Index Futures	0	0	-
MSCI Thailand Net Total Return (USD) Index Futures	901	251	259.0%
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 Banks Index Futures	0	0	-
Stock Futures	6,662	9,395	-29.1%
3-Month HIBOR Futures	1	0	-
1-Month HIBOR Futures	0	0	-
RMB Currency Futures - USD/CNH Futures	84,050	86,403	-2.7%
RMB Currency Futures - Mini USD/CNH Futures	838	1,429	-41.4%
RMB Currency Futures - EUR/CNH Futures	0	0	-
RMB Currency Futures - JPY/CNH Futures	0	0	-
RMB Currency Futures - AUD/CNH Futures	0	0	-
RMB Currency Futures - CNH/USD Futures	6	0	-
INR Currency Futures - INR/USD Futures	1,482	1,267	17.0%
INR Currency Futures - INR/CNH Futures	0	0	-
USD Gold Futures	0	0	-
CNH Gold Futures	0	0	-
USD Silver Futures	0	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	0	0	-
USD London Zinc Mini Futures	0	0	-
USD London Copper Mini Futures	0	0	-
USD London Lead Mini Futures	0	0	-
USD London Nickel Mini Futures	0	0	-
USD London Tin Mini Futures	0	0	-
Total Options	747,826	1,054,651	-29.1%
Hang Seng Index Options	17,799	25,042	-28.9%
Mini Hang Seng Index Options	16,832	21,790	-22.8%
Weekly Hang Seng Index Options	15,406	16,291	-5.4%
Flexible Hang Seng Index Options	0	0	-
Hang Seng Index Futures Options	3,738	5,350	-30.1%
Hang Seng China Enterprises Index Options	30,058	45,080	-33.3%
Mini-Hang Seng China Enterprises Index Options	3,677	4,386	-16.2%
Weekly Hang Seng China Enterprises Index Options	4,709	6,886	-31.6%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Hang Seng China Enterprises Index Futures Options	30,813	47,203	-34.7%
Hang Seng TECH Index Options	3,244	8,118	-60.0%
Hang Seng TECH Index Futures Options	1,851	3,379	-45.2%
MSCI Taiwan (USD) Index Options	0	0	-
Stock Options	619,694	871,123	-28.9%
RMB Currency Options - USD/CNH Options	5	3	66.7%
Total Futures and Options	1,373,089	1,740,903	-21.1%

* Total average daily volume is the sum of the respective average volume of the individual products
Note:
- Number of trading days for Jun 2024 and May 2024 are 20 days (with 1 holiday trading day) and 23 days (with 2 holiday trading days) respectively
- For list of holiday trading products, please see link here.

Clearing and Settlement

CCASS Statistics (securities market)	Jun 2024	May 2024	% Change
Average daily number of exchange trades settled by CCASS	1,991,827	2,410,651	-17.37%
Average daily number of settlement instructions (“SIs”) settled by CCASS	99,882	105,437	-5.27%
Average daily number of investor SIs (“ISIs”) settled by CCASS	145	184	-21.07%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.89	99.94	N/A
Average daily value of SIs settled by CCASS ($ Mil)	306,182.46	279,322.61	9.62%
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	74.62 62.58	74.67 62.74	N/A N/A
DCASS Statistics (derivatives market)	Jun 2024	May 2024	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	942,661	1,036,020	-9.0%
– Stock Futures	43,727	45,226	-3.3%
– Interest Rates Futures	5	20	-75.0%
– RMB Currency Futures	43,707	39,553	10.5%
– INR Currency Futures	863	919	-6.1%
– Gold Futures	0	0	-
– Silver Futures	0	0	-
– Iron Ore Futures	0	0	-
– London Metal Mini Futures	0	0	-
– Equity Index Options	1,595,412	2,363,184	-32.5%
– Stock Options	10,536,477	12,349,010	-14.7%
– RMB Currency Options	291	352	-17.3%

Year-to-date Statistics

Securities Market	Jun 2024 YTD	Jun 2023 YTD	% Change
No. of newly listed companies #	30	33	-9.1%
Average daily turnover by value ($Mil.) ^	110,382	115,539	-4.5%
Average share traded per trading day (Mil. Shares)	188,486	201,902	-6.6%
Average no. of trades per trading day	2,045,828	2,038,532	0.4%
Fund raised by IPOs ($Mil.)*	13,178	17,855	-26.2%
Total funds raised (including IPOs) ($Mil.)**	65,213	74,992	-13.0%
Derivatives Market	Jun 2024 YTD	Jun 2023 YTD	% Change
*Average daily volume (contracts)*
– Equity Index Futures	595,290	564,196	5.5%
– Stock Futures	8,306	6,818	21.8%
– Interest Rates Futures	0	3	-100.0%
– RMB Currency Futures	80,609	15,698	413.5%
– INR Currency Futures	1,541	720	114.0%
– Gold Futures	0	3	-100.0%
– Silver Futures	0	0	-
– Iron Ore Futures	0	0	-
– London Metal Mini Futures	0	0	-
– Equity Index Options	151,101	148,008	2.1%
– Stock Options	695,757	632,651	10.0%
– RMB Currency Options	4	18	-77.8%
Clearing & Settlement	Jun 2024 YTD	Jun 2023 YTD	% Change
Average daily number of exchange trades handled by CCASS	2,046,895	2,039,571	0.36%
Average daily number of settlement instructions (SIs) settled by CCASS	98,017	104,557	-6.25%
Average daily number of investor SIs (ISIs) settled by CCASS	142	153	-6.97%

# 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 30 Jun 2024

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	651,086	2023/04/25	758,877	2022/12/28
Hang Seng TECH Index Futures	437,435	2023/12/22	328,335	2023/12/22
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
Mini Hang Seng Index Futures	298,812	2020/03/19	35,820	2024/01/23
RMB Currency Futures - USD/CNH Futures	224,938	2024/06/20	46,711	2017/01/04
Hang Seng Index Options	140,628	2021/01/11	594,941	2017/11/28
Hang Seng China Enterprises Index Futures Options	103,353	2023/07/31	1,207,462	2023/06/15
Mini-Hang Seng China Enterprises Index Futures	76,471	2018/02/06	16,436	2014/12/11

Updated 30 Jun 2024