HKEX Monthly Market Highlights

HIGHLIGHTS

- Securities Market

Market capitalisation was $53.4 trillion at the end of April 2021, an increase of 53 per cent from $35.0 trillion for the same period last year.
The average daily turnover in April 2021 was $155.7 billion, an increase of 55 per cent from $100.5 billion for the same period last year.
The average daily turnover for the first four months of 2021 was $208.1 billion, an increase of 79 per cent when compared with $116.1 billion for the same period last year.
The average daily turnover of derivative warrants for the first four months of 2021 was $13.8 billion, an increase of 77 per cent when compared with $7.8 billion for the same period last year.
The average daily turnover of CBBCs for the first four months of 2021 was $11.0 billion, an increase of 16 per cent when compared with $9.5 billion for the same period last year.
The average daily turnover of ETFs for the first four months of 2021 was $6.5 billion, an increase of 10 per cent when compared with $5.9 billion for the same period last year.
The average daily turnover of Debt Securities for the first four months of 2021 was $0.38 billion, an increase of 52 per cent when compared with $0.25 billion for the same period last year.
Funds raised through IPOs for the first four months of 2021 was $155.1 billion, an increase of 752 per cent when compared with $18.2 billion for the same period last year.
Total funds raised for the first four months of 2021 was $346.8 billion, an increase of 197 per cent when compared with $116.9 billion for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first four months of 2021 was 1,321,037 contracts, an increase of 8 per cent when compared with the 1,218,811 contracts for the same period last year.
The average daily turnover of Stock Options for the first four months of 2021 was 764,622 contracts, an increase of 52 per cent when compared with the 502,171 contracts for the same period last year.
The average daily turnover of Stock Futures for the first four months of 2021 was 12,540 contracts, an increase of 178 per cent when compared with the 4,512 contracts for the same period last year.
On 26 and 27 April 2021, the turnover and open interest of Hang Seng TECH Index Futures reached a record high of 19,740 contracts and 21,326 contracts respectively.
On 27 April 2021, the open interest of Hang Seng TECH Index Options reached a record high of 8,606 contracts.
On 30 April 2021, the open interest of MSCI Japan Net Total Return (USD) Index Futures reached a record high of 12,737 contracts.

Listed Securities (Main Board and GEM)

Month-end figures

	Apr 2021	Apr 2020	End 2020
No. of listed companies	2,552	2,477	2,538
Total market capitalisation ($Bil.)	53,353.8	35,024.5	47,523.0
No. of newly listed companies *	3	8	154
No. of listed securities	18,387	15,131	17,041
No. of equity warrants	1	3	1
No. of derivatives warrants	8,777	5,702	7,507
No. of inline warrants	336	857	507
No. of CBBCs	4,887	4,523	4,739
No. of unit trusts	162	144	159
No. of debt securities	1,656	1,408	1,574

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

Securities Market Turnover (Main Board and GEM)

	Apr 2021	Mar 2021	% Change
Monthly turnover ($Mil.) *	2,958,963	4,564,574	-35.2%
Average daily turnover by value ($Mil.) *	155,735	198,460	-21.5%
No. of trading days	19	23	-

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

Turnover by Type of Securities (Main Board and GEM)

	Apr 2021 ($Mil)	Mar 2021 ($Mil)	% Change
Equities	2,465,962.25 (83.3%)	3,751,197.34 (82.2%)	-34.3%
Derivative warrants	211,818.73 (7.2%)	351,664.59 (7.7%)	-39.8%
CBBCs	160,368.63 (5.4%)	261,158.40 (5.7%)	-38.6%
Inline warrants	258.70 (0.0%)	416.57 (0.0%)	-37.9%
Unit trusts (include ETFs)	113,240.21 (3.8%)	190,248.00 (4.2%)	-40.5%

Apr 2021

($Mil)

Mar 2021

($Mil)

% Change

Equities

2,465,962.25

(83.3%)

3,751,197.34

(82.2%)

-34.3%

Derivative warrants

211,818.73

(7.2%)

351,664.59

(7.7%)

-39.8%

CBBCs

160,368.63

(5.4%)

261,158.40

(5.7%)

-38.6%

Inline warrants

258.70

(0.0%)

416.57

(0.0%)

-37.9%

Unit trusts

(include ETFs)

113,240.21

(3.8%)

190,248.00

(4.2%)

-40.5%

( ) % 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 2021 was $35,968 million (1.2% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Apr 2021	Apr 2020	End 2020
No. of H shares	292	282	291
No. of Red chips Stocks	176	177	176
No. of Mainland private enterprises	867	799	852
Market capitalisation (% of market total)	79.8%	75.8%	80.1%
Turnover value (% of equity turnover)	89.1%	81.2%	84.7%

Index Performance

Month-end figures

	Apr 2021	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	43,308.87	1.4%	25.8%
S&P/HKEX GEM Index	135.18	-1.3%	73.7%
Hang Seng Index	28,724.88	1.2%	16.6%
Hang Seng China Enterprises Index	10,825.25	-1.3%	7.8%
Hang Seng China-Affiliated Corporations Index*	4,058.39	-1.1%	5.0%
CES China 120 Index ^	8,389.34	-0.6%	25.2%
CESChina HK Mainland Index +	9,284.18	-0.7%	27.8%

* - 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)
	Apr 2021	Mar 2021	% Change
Total Futures	387,951	491,049	-21.0%
Hang Seng Index Futures	131,475	162,173	-18.9%
Mini Hang Seng Index Futures	99,400	132,659	-25.1%
HSI (Gross Total Return Index) Futures	0	0	-
HSI (Net Total Return Index) Futures	0	0	-
Hang Seng China Enterprises Index Futures	109,954	132,099	-16.8%
Mini-Hang Seng China Enterprises Index Futures	13,960	20,424	-31.6%
HSCEI (Gross Total Return Index) Futures	0	0	-
HSCEI (Net Total Return Index) Futures	0	0	-
HSI Dividend Point Index Futures	13	0	-
HSCEI Dividend Point Index Futures	998	1,897	-47.4%
HSI Volatility Index Futures	0	0	-
Hang Seng TECH Index Futures	7,059	8,524	-17.2%
MSCI AC Asia ex Japan NTR Index Futures	15	71	-78.9%
MSCI Australia Net Total Return (USD) Index Futures	0	0	-
MSCI China Free (USD) Index Futures	25	10	150.0%
MSCI China Free Net Total Return (USD) Index Futures	44	649	-93.2%
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	6	7	-14.3%
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	3	-100.0%
MSCI Hong Kong Net Total Return (USD) Index Futures	0	0	-
MSCI India (USD) Index Futures	1	0	-
MSCI India Net Total Return (USD) Index Futures	2	42	-95.2%
MSCI Indonesia (USD) Index Futures	1	4	-75.0%
MSCI Indonesia Net Total Return (USD) Index Futures	2	52	-96.2%
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	107	931	-88.5%
MSCI Malaysia (USD) Index Futures	0	0	-
MSCI Malaysia Net Total Return (USD) Index Futures	3	15	-80.0%
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	1	0	-
MSCI Singapore Free (SGD) Index Futures	4	4	0.0%
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	6,494	6,784	-4.3%
MSCI Taiwan 25/50 (USD) Index Futures	63	125	-49.6%
MSCI Taiwan 25/50 Net Total Return (USD) Index Futures	0	0	-
MSCI Taiwan Net Total Return (USD) Index Futures	16	150	-89.3%
MSCI Thailand (USD) Index Futures	0	0	-
MSCI Thailand Net Total Return (USD) Index Futures	2	58	-96.6%
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	8,868	14,512	-38.9%
3-Month HIBOR Futures	0	0	-
1-Month HIBOR Futures	0	0	-
RMB Currency Futures - USD/CNH Futures	4,763	7,541	-36.8%
RMB Currency Futures - Mini USD/CNH Futures *	6,406	-	-
RMB Currency Futures - EUR/CNH Futures	2	1	100.0%
RMB Currency Futures - JPY/CNH Futures	0	0	-
RMB Currency Futures - AUD/CNH Futures	0	0	-
RMB Currency Futures - CNH/USD Futures	0	3	-100.0%
INR Currency Futures - INR/USD Futures	1,725	1,102	56.5%
INR Currency Futures - INR/CNH Futures	6	11	-45.5%
USD Gold Futures	7	9	-22.2%
CNH Gold Futures	0	0	-
USD Silver Futures	5	0	-
CNH Silver Futures	0	0	-
Iron Ore Futures – Monthly Contracts	10	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	493	529	-6.8%
USD London Zinc Mini Futures	344	303	13.5%
USD London Copper Mini Futures	393	356	10.4%
USD London Lead Mini Futures	0	0	-
USD London Nickel Mini Futures	0	0	-
USD London Tin Mini Futures	0	0	-
Total Options	645,992	863,211	-25.2%
Hang Seng Index Options	22,772	26,194	-13.1%
Mini Hang Seng Index Options	12,195	12,988	-6.1%
Weekly Hang Seng Index Options	7,617	7,620	0.0%
Flexible Hang Seng Index Options	0	0	-
Hang Seng China Enterprises Index Options	34,514	35,122	-1.7%
Mini-Hang Seng China Enterprises Index Options	1,549	1,520	1.9%
Weekly Hang Seng China Enterprises Index Options	1,413	1,665	-15.1%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Hang Seng TECH Index Options	541	813	-33.5%
MSCI China Free (USD) Index Options #	0	0	-
MSCI Taiwan (USD) Index Options #	0	0	-
Stock Options	565,353	777,262	-27.3%
RMB Currency Options - USD/CNH Options	37	27	37.0%
Total Futures and Options	1,033,942	1,354,260	-23.7%

* Trading commenced on 26 April 2021
# Trading commenced on 15 March 2021

Clearing and Settlement

CCASS Statistics (securities market)	Apr 2021	Mar 2021	% Change
Average daily number of exchange trades settled by CCASS	2,029,480	2,755,425	-26.35%
Average daily number of settlement instructions (“SIs”) settled by CCASS	121,246	141,960	-14.59%
Average daily number of investor SIs (“ISIs”) settled by CCASS	238	318	-25.16%
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	77.06 61.94	76.86 61.70	N/A N/A
DCASS Statistics (derivatives market)	Apr 2021	Mar 2021	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	522,639	509,569	2.6%
– Stock Futures	39,447	38,583	2.2%
– Interest Rates Futures	0	0	-
– RMB Currency Futures	26,688	25,906	3.0%
– INR Currency Futures	588	591	-0.5%
– Gold Futures	88	85	3.5%
– Silver Futures	0	0	-
– Iron Ore Futures	126	202	-37.6%
– London Metal Mini Futures	670	690	-2.9%
– Equity Index Options	1,611,144	1,577,066	2.2%
– Stock Options	10,966,082	10,890,603	0.7%
– RMB Currency Options	2,502	2,254	11.0%

Year-to-date Statistics

Securities Market	Apr 2021 YTD	Apr 2020 YTD	% Change
No. of newly listed companies #	35	47	-25.5%
Average daily turnover by value ($Mil.) ^	208,097	116,148	79.2%
Average share traded per trading day (Mil. Shares)	281,635	198,817	41.7%
Average no. of trades per trading day	2,745,214	1,830,348	50.0%
Fund raised by IPOs ($Mil.)	155,123	18,187	752.9%
Total funds raised (including IPOs) ($Mil.)*	346,763	116,910	196.6%
Derivatives Market	Apr 2021 YTD	Apr 2020 YTD	% Change
*Average daily volume (contracts)*
– Equity Index Futures	432,683	525,190	-17.6%
– Stock Futures	12,540	4,512	177.9%
– Interest Rates Futures	0	3	-100.0%
– RMB Currency Futures	6,898	7,385	-6.6%
– INR Currency Futures	1,123	821	36.8%
– Gold Futures	8	803	-99.0%
– Silver Futures	1	-	-
– Iron Ore Futures	8	450	-98.2%
– London Metal Mini Futures	811	490	65.5%
– Equity Index Options	102,315	176,935	-42.2%
– Stock Options	764,622	502,171	52.3%
– RMB Currency Options	28	50	-44.0%
Clearing & Settlement	Apr 2021 YTD	Apr 2020 YTD	% Change
Average daily number of exchange trades handled by CCASS	2,743,131	1,828,552	50.02%
Average daily number of settlement instructions (SIs) settled by CCASS	140,102	110,558	26.72%
Average daily number of investor SIs (ISIs) settled by CCASS	342	272	25.74%

# 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 2021

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	2021/02/24	354,330,826,815
2	2021/02/26	321,313,602,377
3	2021/02/22	303,594,716,032
4	2021/01/19	302,507,509,559
5	2021/01/20	301,244,822,148
6	2015/04/09	293,910,756,648
7	2021/01/25	288,079,469,553
8	2018/03/23	284,101,947,853
9	2021/02/18	284,013,143,876
10	2021/04/08	281,396,756,199

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	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	389,483	2021/01/11	3,749,790	2018/11/28
Mini Hang Seng Index Futures	298,812	2020/03/19	22,321	2018/10/26
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
MSCI AC Asia ex Japan NTR Index Futures	56,378	2019/12/16	46,698	2019/09/17
MSCI Taiwan (USD) Index Futures	42,363	2020/11/24	65,267	2020/10/29
Stock Futures	36,944	2021/03/09	61,238	2021/03/22

Updated 30 Apr 2021