HKEX to Reduce Multipliers of 4 Stock Futures Contracts

Hong Kong Exchanges and Clearing Limited (HKEX) will reduce the multiplier of four of its stock futures contracts from 22 February 2018.

Details are shown in the table below.

Stock Futures Contract Changes Effective 22 February 2018

 

 

	Current Arrangement		New Arrangement
Underlying Stock (Stock Code)）	Contract Multiplier  (Shares)	Number of Board Lots	Contract Multiplier (Shares)	Number of Board Lots
Tencent Holdings Limited (700)	1,000	10	100	1
Agricultural Bank of China (1288)	50,000	10	10,000	10
New China Life Insurance Company (1336)	5,000	50	1,000	10
CITIC Securities Company Limited (6030)	10,000	20	1,000	2

Further details are in a circular on the HKEX website.

Ends