Frequently Asked Questions 
06/12/2011 
 
Chapter 6 Products - Securities Market

6.4

Stapled Securities

 

6.4.1 

What are Stapled Securities?

Stapled Securities generally refer to an arrangement under which different securities of the issuer are listed on the basis that they are legally bound together and cannot be transferred or traded separately.  There will only be a single price quotation on the Exchange for Stapled Securities and no price quotation will be given for individual components forming the Stapled Securities. 

 

6.4.2

Can investors differentiate stapled securities from other securities products by the stock short name? 

Below is an illustration of the naming conventions for stapled securities for investors’ reference. 

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

-

S

S

Q

   Up to 12 characters representing the name of the listed Stapled Securities

SS

   Indicator for Stapled Securities

Investors should note that the stock short name of stapled securities indicate only some basic information of the product. They should refer to the listing document and to consult their brokers before trading. 

 

For further details, please refer to "Stapled Securities" under the "Products & Services" section of the HKEX website.