HKEX Monthly Market Highlights

Highlights

- Securities Market

Market capitalisation was $42.6 trillion at the end of August 2020, an increase of 42 per cent from $30.0 trillion for the same period last year.
The average daily turnover in August 2020 was $135.2 billion, an increase of 56 per cent from $86.4 billion for the same period last year.
The average daily turnover for the first eight months of 2020 was $126.1 billion, an increase of 36 per cent when compared with $92.4 billion for the same period last year.
The average daily turnover of CBBCs for the first eight months of 2020 was $9.8 billion, an increase of 13 per cent when compared with $8.7 billion for the same period last year.
The average daily turnover of ETFs for the first eight months of 2020 was $5.2 billion, an increase of 11 per cent when compared with $4.7 billion for the same period last year.
Funds raised through IPOs for the first eight months of 2020 was $147.7 billion, an increase of 74 per cent when compared with $84.9 billion for the same period last year.
Total funds raised for the first eight months of 2020 was $369.2 billion, an increase of 99 per cent when compared with $185.2 billion for the same period last year.

- Derivatives Market

The average daily turnover of futures and options for the first eight months of 2020 was 1,186,931 contracts, an increase of 5 per cent when compared with the 1,135,316 contracts for the same period last year.
The average daily turnover of Stock Options for the first eight months of 2020 was 530,627 contracts, an increase of 12 per cent when compared with the 475,716 contracts for the same period last year.
The average daily turnover of Stock Futures for the first eight months of 2020 was 4,527 contracts, an increase of 7 per cent when compared with the 4,221 contracts for the same period last year.

Listed Securities (Main Board and GEM)

Month-end figures

	Aug 2020	Aug 2019	End 2019
No. of listed companies	2,509	2,392	2,449
Total market capitalisation ($Bil.)	42,553.2	29,999.3	38,165.0
No. of newly listed companies *	3	1	183
No. of listed securities	17,130	13,270	12,795
No. of equity warrants	3	2	3
No. of derivatives warrants	7,019	5,626	4,571
No. of inline warrants	779	287	922
No. of CBBCs	5,156	3,476	3,298
No. of unit trusts	155	150	148
No. of debt securities	1,493	1,318	1,388

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

Securities Market Turnover (Main Board and GEM)

	Aug 2020	Jul 2020	% Change
Monthly turnover ($Mil.) *	2,838,335	3,632,257	-21.9%
Average daily turnover by value ($Mil.) *	135,159	165,103	-18.1%
No. of trading days	21	22	-

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

Turnover by Type of Securities (Main Board and GEM)

	Aug 2020 ($Mil)	Jul 2020 ($Mil)	% Change
Equities	2,253,262.97 (79.4%)	2,981,225.65 (82.1%)	-24.4%
Derivative warrants	243,812.39 (8.6%)	241,415.97 (6.6%)	1.0%
CBBCs	209,586.59 (7.4%)	233,911.44 (6.4%)	-10.4%
Inline warrants	84.51 (0.0%)	97.51 (0.0%)	-13.3%
Unit trusts (include ETFs)	126,660.64 (4.5%)	170,500.09 (4.7%)	-25.7%

Aug 2020

($Mil)

Jul 2020

($Mil)

% Change

Equities

2,253,262.97

(79.4%)

2,981,225.65

(82.1%)

-24.4%

Derivative warrants

243,812.39

(8.6%)

241,415.97

(6.6%)

1.0%

CBBCs

209,586.59

(7.4%)

233,911.44

(6.4%)

-10.4%

Inline warrants

84.51

(0.0%)

97.51

(0.0%)

-13.3%

Unit trusts

(include ETFs)

126,660.64

(4.5%)

170,500.09

(4.7%)

-25.7%

( ) % 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 August 2020 was $30,890 million (1.1% of the securities market total turnover).

Mainland Enterprises (Main Board and GEM)

Month-end figures

	Aug 2020	Aug 2019	End 2019
No. of H shares	287	275	284
No. of Red chips Stocks	177	175	173
No. of Mainland private enterprises	823	752	784
Market capitalisation (% of market total)	79.3%	69.1%	73.2%
Turnover value (% of equity turnover)	85.6%	76.1%	79.0%

Index Performance

Month-end figures

	Aug 2020	% Change over 1 Month	% Change over 12 Months
S&P/HKEX LargeCap Index	39672.25	7.4%	18.9%
S&P/HKEX GEM Index	110.03	0.3%	20.3%
Hang Seng Index	25177.05	2.4%	-2.1%
Hang Seng China Enterprises Index	9991.48	-0.5%	-0.9%
Hang Seng China-Affiliated Corporations Index*	3977.54	-0.9%	-4.3%
CES China 120 Index ^	7838.57	3.6%	18.2%
CESChina HK Mainland Index +	8390.01	5.8%	17.9%

* - 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)
	Aug 2020	Jul 2020	% Change
Total Futures	428,092	501,604	-14.7%
Hang Seng Index Futures	156,360	188,263	-16.9%
Mini Hang Seng Index Futures	107,576	124,142	-13.3%
HSI (Gross Total Return Index) Futures	0	0	-
HSI (Net Total Return Index) Futures	0	0	-
Hang Seng China Enterprises Index Futures	129,652	151,882	-14.6%
Mini-Hang Seng China Enterprises Index Futures	18,370	22,294	-17.6%
HSCEI (Gross Total Return Index) Futures	0	0	-
HSCEI (Net Total Return Index) Futures	0	0	-
HSI Dividend Point Index Futures	414	7	5814.3%
HSCEI Dividend Point Index Futures	815	926	-12.0%
HSI Volatility Index Futures	0	0	-
MSCI AC Asia ex Japan NTR Index Futures	162	392	-58.7%
MSCI Australia Net Total Return (USD) Index Futures #	1	2	-50.0%
MSCI China Free (USD) Index Futures *	0	-	-
MSCI China Free Net Total Return (USD) Index Futures #	7	1	600.0%
MSCI EM Asia Net Total Return (USD) Index Futures #	2	4	-50.0%
MSCI EM Asia ex China Net Total Return (USD) Index Futures **	0	-	-
MSCI EM Asia ex Korea Net Total Return (USD) Index Futures **	0	-	-
MSCI EM ex China Net Total Return (USD) Index Futures **	0	-	-
MSCI EM ex Korea Net Total Return (USD) Index Futures **	0	-	-
MSCI EM EMEA Net Total Return (USD) Index Futures **	0	-	-
MSCI EM LatAm Net Total Return (USD) Index Futures **	0	-	-
MSCI Emerging Markets (USD) Index Futures ^	10	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	-	-
MSCI India Net Total Return (USD) Index Futures #	3	0	-
MSCI Indonesia (USD) Index Futures ^	7	9	-22.2%
MSCI Indonesia Net Total Return (USD) Index Futures #	15	0	-
MSCI Japan Net Total Return (USD) Index Futures #	0	0	-
MSCI Malaysia (USD) Index Futures *	0	-	-
MSCI Malaysia Net Total Return (USD) Index Futures #	16	0	-
MSCI New Zealand Net Total Return (USD) Index Futures *	0	-	-
MSCI Pacific Net Total Return (USD) Index Futures **	0	-	-
MSCI Pacific ex Japan Net Total Return (USD) Index Futures **	0	-	-
MSCI Philippines (USD) Index Futures *	0	-	-
MSCI Philippines Net Total Return (USD) Index Futures ^	0	0	-
MSCI Singapore Free Net Total Return (USD) Index Futures *	0	-	-
MSCI Singapore Net Total Return (USD) Index Futures ^	0	0	-
MSCI Taiwan (USD) Index Futures #	357	233	53.2%
MSCI Taiwan Net Total Return (USD) Index Futures #	7	1	600%
MSCI Thailand (USD) Index Futures *	0	-	-
MSCI Thailand Net Total Return (USD) Index Futures #	53	0	-
MSCI Vietnam (USD) Index Futures *	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	5,349	5,566	-3.9%
3-Month HIBOR Futures	0	0	-
1-Month HIBOR Futures	0	0	-
RMB Currency Futures - USD/CNH Futures	6,980	5,818	20.0%
RMB Currency Futures - EUR/CNH Futures	0	5	-100.0%
RMB Currency Futures - JPY/CNH Futures	0	0	-
RMB Currency Futures - AUD/CNH Futures	0	0	-
RMB Currency Futures - CNH/USD Futures	2	4	-50.0%
INR Currency Futures - INR/USD Futures	618	841	-26.5%
INR Currency Futures - INR/CNH Futures	0	0	-
USD Gold Futures	29	17	70.6%
CNH Gold Futures	0	0	-
USD Silver Futures	7	23	-69.6%
CNH Silver Futures	0	0	-
Iron Ore Futures – Monthly Contracts	478	434	10.1%
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	114	127	-10.2%
USD London Zinc Mini Futures	361	334	8.1%
USD London Copper Mini Futures	300	289	3.8%
USD London Lead Mini Futures	0	0	-
USD London Nickel Mini Futures	24	16	50.0%
USD London Tin Mini Futures	0	0	-
Total Options	601,343	900,544	-33.2%
Hang Seng Index Options	34,892	39,500	-11.7%
Mini Hang Seng Index Options	13,767	17,510	-21.4%
Weekly Hang Seng Index Options	4,429	5,051	-12.3%
Flexible Hang Seng Index Options	0	0	-
Hang Seng China Enterprises Index Options	56,982	102,769	-44.6%
Mini-Hang Seng China Enterprises Index Options	1,800	3,335	-46.0%
Weekly Hang Seng China Enterprises Index Options	1,158	1,801	-35.7%
Flexible Hang Seng China Enterprises Index Options	0	0	-
Stock Options	488,282	730,550	-33.2%
RMB Currency Options - USD/CNH Options	33	29	13.8%
Total Futures and Options	1,029,435	1,402,148	-26.6%

# Trading commenced on 6 Jul 2020
^ Trading commenced on 20 Jul 2020
* Trading commenced on 3 Aug 2020
** Trading commenced on 17 Aug 2020

Clearing and Settlement

CCASS Statistics (securities market)	Aug 2020	Jul 2020	% Change
Average daily number of exchange trades settled by CCASS	2,105,862	2,387,914	-11.81%
Average daily number of settlement instructions (“SIs”) settled by CCASS	111,504	119,726	-6.87%
Average daily number of investor SIs (“ISIs”) settled by CCASS	269	349	-22.92%
Average daily settlement efficiency of CNS stock positions on due day (T+2)	99.97	99.91	N/A
Shares deposited in the CCASS depository – % of total issued shares – % of the total market capitalisation	76.34 57.70	76.25 58.13	N/A N/A
DCASS Statistics (derivatives market)	Aug 2020	Jul 2020	% Change
Month-end Open Interest (contracts)
– Equity Index Futures	610,088	616,690	-1.1%
– Stock Futures	21,335	20,758	2.8%
– Interest Rates Futures	111	106	4.7%
– RMB Currency Futures	24,292	23,267	4.4%
– INR Currency Futures	287	390	-26.4%
– Gold Futures	142	185	-23.2%
– Silver Futures	112	108	3.7%
– Iron Ore Futures	2,183	1,763	23.8%
– London Metal Mini Futures	757	603	25.5%
– Equity Index Options	2,939,286	3,015,221	-2.5%
– Stock Options	10,476,787	10,253,513	2.2%
– RMB Currency Options	3,726	3,467	7.5%

Year-to-date Statistics

Securities Market	Aug 2020 YTD	Aug 2019 YTD	% Change
No. of newly listed companies #	91	101	-9.9%
Average daily turnover by value ($Mil.) ^	126,124	92,431	36.5%
Average share traded per trading day (Mil. Shares)	213,852	273,984	-21.9%
Average no. of trades per trading day	1,943,255	1,538,143	26.3%
Fund raised by IPOs ($Mil.)	147,699	84,916	73.9%
Total funds raised (including IPOs) ($Mil.)*	369,151	185,248	99.3%
Derivatives Market	Aug 2020 YTD	Aug 2019 YTD	% Change
*Average daily volume (contracts)*
– Equity Index Futures	485,093	483,623	0.3%
– Stock Futures	4,527	4,221	7.2%
– Interest Rates Futures	2	2	0.0%
– RMB Currency Futures	6,944	8,755	-20.7%
– INR Currency Futures	722	-	-
– Gold Futures	405	2,257	-82.1%
– Silver Futures	14	-	-
– Iron Ore Futures	448	291	54.0%
– London Metal Mini Futures	609	56	987.5%
– Equity Index Options	157,506	160,325	-1.8%
– Stock Options	530,627	475,716	11.5%
– RMB Currency Options	43	70	-38.6%
Clearing & Settlement	Aug 2020 YTD	Aug 2019 YTD	% Change
Average daily number of exchange trades handled by CCASS	1,941,578	1,537,411	26.29%
Average daily number of settlement instructions (SIs) settled by CCASS	111,912	97,348	14.96%
Average daily number of investor SIs (ISIs) settled by CCASS	284	242	17.36%

# 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 31 August 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	2020/08/27	42,963,381,094,248
2	2020/08/26	42,910,475,931,187
3	2020/08/28	42,902,899,277,668
4	2020/08/24	42,670,120,266,332
5	2020/08/25	42,601,215,402,469
6	2020/08/31	42,553,243,932,183
7	2020/07/09	42,197,806,391,725
8	2020/08/18	41,798,716,815,076
9	2020/08/21	41,761,912,115,082
10	2020/07/21	41,754,240,946,333

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

Updated 31 Aug 2020