- China Tower Futures and Options to be introduced on 8 August
- Issuers can launch China Tower derivative warrants when China Tower shares debut
- China Tower shares to be included in Designated Securities Eligible for Short Selling when they begin trading
Hong Kong Exchanges and Clearing Limited (HKEX) announced today (Tuesday) the following initiatives in connection with plans of China Tower Corporation Limited (China Tower, stock code 788) to list its shares at HKEX on 8 August 2018.
1. China Tower Futures and Options
China Tower Futures and Options will be introduced on 8 August 2018, subject to the listing of China Tower shares at HKEX on that date.
Selected Details of China Tower Futures and Options
Contract Multiplier (Futures)/
Contract Size (Options)
Contract Months/Expiry Months
Available for Trading on 8 August 2018
Contract Months for Futures:
Aug, Sep, Oct, Dec 2018 and Mar 2019
Expiry Months for Options:
Aug, Sep, Oct, Nov, Dec 2018 and
Mar, Jun 2019
For further details, please see the China Tower Futures and Options circulars issued today and the Product section of the HKEX website.
2. Listing of China Tower Derivative Warrants
HKEX informed issuers they can launch derivative warrants on China Tower shares when the China Tower shares debut on HKEX’s securities market.
Investors should refer to the issuers’ launch announcements on the HKEXnews website for information about the warrants
Inclusion of China Tower Shares in Designated Securities for Short Selling
China Tower shares will also be included in HKEX’s designated securities eligible for short selling on 8 August, subject to the listing of China Tower shares at HKEX on that date.
For details of short-selling at HKEX, please see the Services section of the HKEX website.