Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to China Evergrande Group (Evergrande) structured products, futures and options to account for Evergrande’s extraordinary dividend.
Corporate action overview
|
Company (Stock Code)
|
Evergrande (3333)
|
|
Corporate Action
|
Extraordinary dividend of $1.287 per share
|
|
Ex-date
|
2 October 2018
|
Please refer to the announcements made by Evergrande on 20 August 2018 for details.
Investors should consult their brokers for further details, or if they have any questions regarding the adjustment.
Structured products with shares of Evergrande as underlying asset
Adjustment of Evergrande Futures and Options
For detailed trading and clearing arrangement of Evergrade Futures and Options after the adjustments, please refer to the circulars posted on HKEX website.
Investors should note that the adjusted and standard stock futures and options will have different contract sizes. There will not be any changes to the number of open positions and other contract terms after the transfer of positions.
Ends