74 | Financial and Monetary Affairs
Chart 3
Market Capitalisation of Stock Market
30,000
22,500
20,698
HK$ Billion
21,077
17,874
15,000
10,299
7,500
0
2007
2008
2009
Year
2010
2011
Chart 4
1,000
750
Chart 5
RMB Billion
Number of Asset Management Companies in Hong Kong
[884
836
764
716
500-
615
No. of companies
250
50500
600
450
300
0
2007
2008
2009
Year
2010
2011
RMB Deposits in Hong Kong
315
150
33
56
0
2007
2008
63
2009
2010
2011
Year
589
Chart 6
External Positions of Authorised Institutions (Als)
14,000
10,500
12,483
11,153
HK$ Billion
9,947
10,021
9,662
7,000
3,500
0
2007
2008
2009
2010
2011
Year
Chart 7
Total Outstanding HKD Debt Securities
1,400
1,246
1,261
1,050
1,108
HK$ Billion
700
764
717
350-
0
2007
2008
2009
2010
2011
Year
17,537
The HKEX ranked 7th in the world and 3rd in Asia in terms of market capitalisation, amounting to $17,537 billion at the end of 2011.
In 2011, a total of 884 companies were licensed or registered to conduct asset management business in Hong Kong, an increase of 48, or 6 per cent over 2010.
In 2011, Hong Kong recorded significant growth in offshore RMB business. At year's end, outstanding RMB deposits in Hong Kong totalled RMB589 billion, almost doubled the RMB315 billion at the end of 2010.
Attaining the rank of the world's 10th and Asia's 3rd largest banking centre in terms of external positions1 and the world's 6th largest centre for foreign exchange trading.
Having outstanding Hong Kong dollar debt securities, including Exchange Fund Bills and Notes, totalling $1,261 billion at the end of 2011, or 1.2 per cent higher than the previous year's $1,246 billion.
1 Sum of liabilities to banks and non-bank customers outside Hong Kong and claims on banks and
non-bank customers outside Hong Kong (such as equities, securities and capital instruments).