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H-shares Index Futures' first-day trading volume

Statistics
08 Dec 2003

Trading volume for H-shares Index Futures, which were launched today, was 1,419 contracts.  A total of 67 Exchange Participants traded the new product.

All 1,600 supermarket coupons available under the Incentive Programme were awarded before the end of today's trading. 

The underlying index for the H-shares Index Futures contract is the Hang Seng China Enterprises Index, an index compiled and calculated by HSI Services Limited to track the performance of major H shares. 

The new contract was launched to meet market demand created by the rapid growth of the H-shares market, and to offer an effective trading and hedging instrument for investors interested in Mainland China enterprises listed in Hong Kong. 

"H-shares Index Futures are off to a good start," said HKEx Chief Operating Officer Patrick Conroy.  "We are very encouraged by the first-day trading volume. 

"We appreciate the support of the 11 Exchange Participants which sponsored the Joint Promotional Activities and the efforts of all the people who worked to make today's launch a success," Mr Conroy added.

Updated 08 Dec 2003