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HKEX Enhances Product Offering with Baidu Debut

Products
19 Mar 2021

  • Baidu Futures and Options to be introduced on 23 March
  • Baidu shares to be included in Designated Securities Eligible for Short Selling on 23 March
  • Issuers can list derivative warrants on Baidu shares on 24 March

 

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) that it will offer investors more options on Baidu, Inc. (Baidu, stock code: 9888) shares after its debut.

 

Baidu Futures and Options

Baidu Futures and Options will be introduced on 23 March 2021, subject to the listing of the Baidu shares at HKEX on that date.

Selected Details of Baidu Futures and Options

Contract Multiplier (Futures) /

Contract Size (Options)
(Shares)

Stock Futures Contract Months Available for Trading on 23 March 2021

Stock Options Contract Months Available for Trading on 23 March 2021

150

2021: Mar, Apr, May, Jun & Sep

2021: Mar, Apr, May, Jun, Sep & Dec
2022: Mar

 

For further details, please see the Futures and Options circulars issued today and the Product section of the HKEX website.

 

Inclusion of Baidu Shares in Designated Securities for Short Selling

Baidu shares will also be included in HKEX’s designated securities eligible for short selling on 23 March 2021, subject to the listing of the Baidu shares at HKEX on that date.

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

 

Listing of Baidu Derivative Warrants

Issuers can list derivative warrants on Baidu shares on 24 March 2021, after the shares debut on HKEX’s securities market.

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

 

 

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 (QME), 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 28 Jun 2021