Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s largest stock market by market cap, released its trading metrics for August, revealing that its market capitalization for the period was $46.8 trillion in securities markets. According to the report, it represented an increase of 10% from last year.
Moving onto the average daily turnover, HKEX highlighted that it hit $159.3 billion for August, representing a rally of 18% from the figure witnessed for the same period last year of $135.2 trillion. Furthermore, the operator unveiled the same numbers for the first eight months of the year, noting that it was $183.8 billion, which is up by 46% compared to the $126.1 billion figure seen in August 2020 in terms of average daily turnover.
“The average daily turnover of derivative warrants for the first eight months of 2021 was $11.8 billion, an increase of 34 percent when compared with $8.8 billion for the same period last year. The average daily turnover of ETFs for the first eight months of 2021 was $6.5 billion, an increase of 25 percent when compared with $5.2 billion for the same period last year,” HKEX noted.
Derivatives Market Figures
In the derivatives market, HKEX reported an average daily turnover for futures and options for the first eight months of 2021 of 1,209,685 contracts, representing an increase of 2% compared with the 1,186,931 contracts posted in the same period last year. “The average daily turnover of Stock Options for the first eight months of 2021 was 683,779 contracts, an increase of 29 percent when compared with the 530,627 contracts for the same period last year. The average daily turnover of Stock Futures for the first eight months of 2021 was 10,931 contracts, an increase of 141 percent when compared with the 4,527 contracts for the same period last year,” the operator added.
In August, HKEX stated that it witnessed a record in revenue and profits. In fact, its revenue for the period came in at HK$10.06 billion compared with HK$7.94 billion a year earlier.
