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HKEX Enhances Product Offering with Alibaba Debut

Products
20 Nov 2019
  • Alibaba Futures and Options to be introduced on 26 November
  • HKEX informed issuers they can list derivative warrants on Alibaba shares when the shares debut on HKEX’s securities market
  • Alibaba shares to be included in Designated Securities Eligible for Short Selling on 26 November

 

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Wednesday) that it will offer investors more options on Alibaba Group Holding Limited (Alibaba, stock code: 9988) shares on the debut date (26 November 2019). 

The following products with Alibaba shares as the underlying asset will be available in HKEX markets:

1. Alibaba Futures and Options

  Alibaba Futures and Options will be introduced on 26 November 2019, subject to the listing of the Alibaba shares at HKEX on that date.
 

Selected Details of Alibaba Futures and Options

Contract Multiplier (Futures) /
Contract Size (Options) (Shares)

Stock Futures Contract Months Available for
Trading on 26 November 2019
Stock Options Contract Months Available for
Trading on 26 November 2019

500
Dec 2019, 
Jan, Mar and Jun 2020
Dec 2019, 
Jan, Feb, Mar, Jun and Sep 2020
 
For further details, please see the Futures and Options circulars issued today and the Product section of the HKEX website.
        
2. Listing of Alibaba Derivative Warrants

  HKEX informed issuers they can list derivative warrants on Alibaba shares when the shares debut on HKEX’s securities market.

  Please refer to the issuers’ announcements for further details of the warrants.

Inclusion of Alibaba Shares in Designated Securities for Short Selling

Alibaba shares will also be included in HKEX’s designated securities eligible for short selling on 26 November 2019, subject to the listing of the Alibaba shares at HKEX on that date.

For details of short selling at HKEX, please see the Services section of the HKEX website.

  

  

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets.  HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.

HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited.  This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange, in China, in 2018.

HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

www.hkexgroup.com

  

  

  

Ends

Updated 07 May 2020