Hong Kong Exchanges and Clearing Limited (HKEx) set several new records in its securities and derivatives markets this year according to year-end market statistics for 2013 (to 13 December) published today (Thursday) in response to media requests.
The market capitalisation exceeded $24 trillion for the first time, reaching its highest at $24.3 trillion on 2 December 2013. The turnover of exchange traded funds and REITs also reached record highs of $874.2 billion and $80.9 billion respectively this year. Furthermore, the total turnover of HKEx’s securitised derivatives (derivative warrants and callable bull/bear contracts) ranked first in the world once again for the seventh consecutive year.
In the derivatives market, the trading volume of H-shares Index Futures and Options, Mini H-shares Index Futures and Flexible H-shares Index Options reached new record highs this year. In addition, various futures and options contracts reached new record highs in terms of open interest this year.
Here are some additional highlights from the securities market in 2013:
- As of 13 December 2013, there were 1,631 companies listed on HKEx’s securities market with a total market capitalisation (Main Board and Growth Enterprise Market) of $23.8 trillion.
- The total equity funds raised in the securities market from 1 January 2013 to 13 December 2013 was $304.1 billion. Of this, $125.8 billion was raised through IPOs and $178.3 billion from post-IPO fundraising.
- From 1 January 2013 to 13 December 2013, the average daily securities market turnover was $63.1 billion
Separately, statistics from the London Metal Exchange, a subsidiary of HKEx, which include the contract volume, market open interest and global market share of key products, are also available in the market statistics. The average daily volume in the first 11 months of this year reached 671,948 lots, compared to 633,809 lots in 2012. The total contract volume of copper and nickel also set new records this year, reaching 39,725,442 lots and 12,417,997 lots respectively in the first 11 months of 2013.