重磅数据！大涨118%！

Core Viewpoint - The Hong Kong market has shown remarkable growth in the first half of 2025, with significant increases in trading volume and market capitalization, indicating strong resilience and innovation in attracting international capital [2]. Group 1: Market Performance - The average daily trading volume on the Hong Kong Stock Exchange reached HKD 240.2 billion, a 118% increase from HKD 110.4 billion in the same period last year, marking the highest level since 2010 [4]. - The average daily trading volume under the Stock Connect mechanism for Hong Kong stocks was HKD 110.96 billion, reflecting a 195% year-on-year growth [6]. Group 2: Market Capitalization - As of the end of June 2025, the market capitalization of Hong Kong reached HKD 42.7 trillion, up 33% from HKD 32.1 trillion a year earlier, highlighting a breakthrough period for the capital market [8]. Group 3: Product Segmentation - The daily trading volume of ETFs surged to HKD 33.8 billion, with a year-on-year increase of 184%, driven by the expansion of the ETF mutual access program and the continuous launch of new ETF products [12]. - Leveraged and inverse products saw a 75% increase in daily trading volume, while the average daily trading volume of futures and options rose to approximately 1.7003 million contracts, an 11% increase from about 1.5327 million contracts last year [12]. - The daily trading volume of RMB currency futures increased to approximately 115,200 contracts, reflecting a 43% year-on-year growth, indicating the growing role of RMB-denominated instruments in the active RMB product ecosystem [12].