Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

HSI, MHI and HHI Futures Markets

There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI) and H-shares Index (HHI) futures markets on 6 February 2008 (Wednesday) based on open positions in the markets at around 12:00 noon on 6 February.

Stock Options Market

There will be special intra-day margin calls on 6 February 2008 (Wednesday) in respect of all open positions in the stock options market at around 12:00 noon on 6 February.

The above arrangements are based on the clearing houses’ normal procedures.

Exchange Participants have been advised to give advanced notice to their clients regarding the arrangements where appropriate.