Contract Summary 
20/09/2017 
 

 Stock Options

Item Contract Terms

Underlying Stocks & HKATS Codes

 

Please refer to the list of stock options

Option Types

 

Puts and calls

Contract Size

 

One board lot of the underlying shares ^
Except for :   
 

SEHK Code

Underlying Stock Name

HKATS Code

Contract Size (shares)

Number of Board Lots

175

Geely Automobile Holdings Ltd.

GAH

5,000

5

823

Link Real Estate Investment Trust

LNK

1,000

2

1113

CK Asset Holdings Limited

CKP

1,000

2

1288

Agricultural Bank of China Limited 

XAB

10,000

10

1299

AIA Group Limited

AIA

1,000

5

1336

New China Life Insurance CO. Ltd.

NCL

1,000

10

1339

The People's Insurance Company (Group) of China Limited

PIN

5,000

5

1359

China Cinda Asset Management Co., Ltd

CDA

5,000

5

1816

CGN Power Co., Ltd.

CGN

10,000

10

1988

China Minsheng Banking Corporation Limited

MSB

2,500

5

2018

AAC Technologies Holdings Inc.

AAC

1,000

5

2601

China Pacific Insurance (Group) Co., Ltd.

CPI

1,000

5

2822

CSOP FTSE China A50 ETF 

CSA

5,000

25

2823

iShares FTSE A50 China Index ETF

A50

5,000

50

2827

W.I.S.E. - CSI 300 China Tracker #

CS3

1,000

5

2828

Hang Seng H-Share Index ETF

HCF

1,000

5

3188

ChinaAMC CSI 300 Index ETF 

AMC

2,000

10

3800

GCL-Poly Energy Holdings Ltd.

PLE

5,000

5

6030

CITIC Securities Co. Ltd.^

CTS

1,000

2

6837

Haitong Securities Co., Ltd,

HAI

2,000

5

# Synthetic ETF

^ Relevant information regarding contract size and tier level of individual stock option classes can be found in the list of stock  options  

Contracted Value  

Option Premium multiplied by the Contract Size

Contract Months

Spot, the next three calendar months and the next three calendar quarter months


(The Exchange may introduce any other longer-dated expiry month in selected stock option classes as it deems necessary)

 

Minimum Fluctuation

 

HK$0.01

Effective from 9 December 2013, HK$0.001 be introduced in four stock option classes:
1) Bank of China Limited
2) China Construction Bank Corporation
3) Industrial and Commercial Bank of China Limited
4) Agricultural Bank of China Limited

 

Option Premium

 

Quoted in HK dollars on a per share basis

Strike Prices


Underlying Prices

Interval

From

To

(HK$)

(HK$)

(HK$)

0

2

0.05

2

5

0.1

5

10

0.25

10

20

0.5

20

50

1

50

100

2.5

100

200

2.5

200

300

5

300

500

10

 

Trading Hours

 

9:30 am - 12:00 noon & 1:00 pm - 4:00 pm 

Expiry Day

 

The business day immediately preceding the last business day of the contract month

Exercise style
(American)

 

Options can be exercised at any time up to 6:45 p.m. on any business day and including the last trading day

Exercise Fee

 

HK$2.00

Settlement

 

 

Physical delivery of underlying shares on exercise and settlement period are :
T + 1 (options premium, payable in full) or
T + 2 (stock transfer following exercise)

Trading Tariff

Tier 1 ^                                  HK$3.00
Tier 2 ^                                  HK$1.00
Tier 3^                                   HK$0.50
Brokerage Commission          Negotiable

Please visit HKEx website for full contract specifications under Operational Trading Procedures for Options Trading Exchange Participants of the Stock Exchange