Weaker December volumes ends active year for Hong Kong

Securities market turnover in Hong Kong’s exchange fell 13% in December 2013 from the previous month, but for the year as a whole, the picture in Hong Kong showed an improvement in activity during 2013.

Securities market turnover in Hong Kong’s exchange fell 13% in December 2013 from the previous month, according to data from Hong Kong Exchanges and Clearing (HKEx).

For the year as a whole, the picture in Hong Kong showed an improvement in activity during 2013 over 2012. Although the Hang Seng index finished the year with just a 3% increase at 23,306 points, average daily turnover in 2013 was HK$62,560 million, an increase of 16%, compared to HK$53,850 million in 2012.

Average daily turnover of exchange-traded funds in Hong Kong during 2013 was HK$3,701 million, an increase of 75 %, compared to $2,114 million during 2012. Aggregate turnover of exchange-traded funds and REITs in Hong Kong reached record highs of HK$874.2 billion and HK$80.9 billion respectively during the year. 

Average daily turnover of futures and options increased 9% from 2012. Trading volume of H-shares index futures and options, mini H-shares index futures and flexible H-shares index options all reached new record highs in 2013. 

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