HKEX to Reduce Multipliers of 10 Stock Futures Contracts

Hong Kong Exchanges and Clearing Limited (HKEX) will reduce the multipliers of 10 of its stock futures contracts in two batches next month (April 2018) to align the contract sizes of the stock futures and the corresponding stock options.

Details are shown in the tables below.

Batch 1 - Effective Date from 10 April 2018 (Tuesday)

 

	Current Arrangement		New Arrangement
Underlying Stock (Stock Code)	Contract Multiplier (Shares)	Number of  Board Lots	Contract Multiplier (Shares)	Number of  Board Lots
China Shenhua Energy Co Ltd (1088)	10,000	20	500	1
China Cinda Asset Management Co Ltd (1359)	50,000	50	5,000	5
Sunac China Holdings Ltd (1918)	10,000	10	2,000	2
Guangzhou Automobile Group Co Ltd (2238)	10,000	5	4,000	2
China Evergrande Group (3333)	20,000	20	2,000	2

Batch 2 - Effective Date from 24 April 2018 (Tuesday)

 

	Current Arrangement		New Arrangement
Underlying Stock (Stock Code)	Contract Multiplier (Shares)	Number of  Board Lots	Contract Multiplier (Shares)	Number of  Board Lots
Yanzhou Coal Mining Co Ltd (1171)	10,000	5	2,000	1
CGN Power Co Ltd (1816)	50,000	50	10,000	10
China Coal Energy Co Ltd (1898)	10,000	10	1,000	1
Zijin Mining Group Co Ltd (2899)	10,000	5	2,000	1
Kingsoft Corporation Ltd (3888)	5,000	5	1,000	1

Further details are in a circular on the HKEX website.

Ends