Year of snake is proving lucky for Hong Kong market

The average daily turnover in the securities markets for the first nine months of 2013 was HK$63.7 billion, an increase of 20% over the same period in 2012.

It has been a busy year in the Hong Kong markets. The average daily turnover in the securities markets for the first nine months of 2013 was HK$63.7 billion, an increase of 20% over the same period in 2012.

On a month-to-month basis, securities market turnover on the main board and Growth Enterprise Market  rose 4% to HK$1,193 billion from August until the end of September.

The continued interest in passive investment products was reflected in a 141% increase in average daily turnover of exchange-traded funds to HK$4 billion for the first nine months.

The average daily turnover of derivative warrants from January to the end of September was HK$7.8 billion, an increase of 15%.

The average daily turnover of futures and options 2013 was 539,210 contracts. At 26 September 2013, the open interest in H-shares index options stood at a record high of 1,395,315 contracts.

In clearing and settlement matters, the average number of trades handled by Hong Kong’s Central Clearing and Settlement has risen 23% year-on-year to 941,000 per day.

 

«