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Adjustment of CITIC Securities Structured Products, Futures and Options

Market Operations
17 Jan 2022

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to CITIC Securities Company Limited (CITIC Securities) structured products, futures and options to account for CITIC Securities’ right issuance.

Corporate action overview

Company (Stock Code)

CITIC Securities (6030)

Corporate Action

1.5 H Rights Shares for every 10 existing H Shares held

Rights Subscription Price $17.67 

Ex-rights Date

26 January 2022

 

Please refer to the announcements made by CITIC Securities on 26 February 2021 and 14 January 2022 for details.

Investors should consult their brokers for further details, or if they have any questions regarding the adjustment.

Structured products with shares of CITIC Securities as underlying asset

The listing documents of all existing structured products with the shares of CITIC Securities as underlying asset contain provisions that deal with a rights issue. Structured product issuers will make announcements in the evening of 25 January 2022 regarding the relevant adjustments (including the adjusted entitlement and adjusted exercise price, where appropriate). Investors should read the contents of such announcements on the relevant adjustments.

Adjustments of CITIC Securities Futures and Options

For detailed trading, clearing and settlement arrangements of CITIC Securities Futures and Options after 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

Updated 17 Jan 2022