HKEX to Introduce New Stock Futures Contracts and Option Classes

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Monday) the launch of four new stock futures contracts and four new stock option classes on Monday, 7 December 2020.

HKEX has recorded strong growth in the trading of stock futures and options this year, with average daily turnover of 523,011 contracts in the first 10 months, a 15.4 per cent increase compared with the same period last year.

The Commission Levy of new stock futures contracts will be waived for the first 6 months upon the commencement of trading.

New Futures Contracts to be introduced:

Underlying Stock Name

(Stock Code)

Contract Multiplier

(shares)

No. of Board Lots

Expiry Months Available on 7 December

Alibaba Health Information Technology Ltd (241)

2,000

2

Dec 20, Jan 21,
Feb 21, Mar 21 & Jun 21

Kingdee International Software Group Co Ltd (268)

2,000

1

Semiconductor Manufacturing Int’l Corp (981)

2,500

5

Ping An Healthcare and Technology Ltd (1833)

500

5

 

New Option Classes to be introduced:

Underlying Stock Name

(Stock Code)

Contract Size

(shares)

No. of Board Lots

Expiry Months Available on 7 December

Alibaba Health Information Technology Ltd (241)

2,000

2

Dec 20, Jan 21,
Feb 21, Mar 21, Jun 21, Sep 21 & Dec 21

Kingdee International Software Group Co Ltd (268)

2,000

1

Semiconductor Manufacturing Int’l Corp (981)

2,500

5

Ping An Healthcare and Technology Ltd (1833)

500

5

 

Details of the new futures and new options are available in the circulars issued today.  General stock futures and stock options contract summaries are posted on the HKEX website.

 

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets.  HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.

HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited.  This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange, in China, in 2018.

HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

www.hkexgroup.com

 

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