Hong Kong Exchanges and Clearing Limited (HKEx) has released its annual cash market transaction survey. It shows year-on-year increases in the value of all types of trading in its securities market.
The survey had been sent to 488 exchange participants, and HKEx received replies from 94%. It covers the period from October 2012 to September 2013.
In 2012/13, trading in HKEx’s securities market showed a broadly similar pattern to 2011/12. Local investors and overseas investors contributed 38% and 46% respectively of total market turnover value, similar to levels in 2011/12.
Institutional investors contributed 61% of total market turnover value (63% in 2011/12). Retail investors accounted for 22% (21% in 2011/12).
In 2012/13, overseas institutional investors were the market’s biggest investor type, with 41% of total market turnover, compared to 42% in 2011/12. The leading pair were US and UK investors with 28% and 26% respectively.
Investors from mainland China accounted for 11%, up from 8% during the previous year. During the past decade, trading from mainland investors has grown at a compound annual growth rate of 27%, higher than any other country.