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HKEX: Adjustment Of BYD Company Structured Products, Futures And Options

Date 20/05/2025

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to BYD Company Limited (BYD Company) structured products, futures and options1 to account for the issuance of bonus shares and capitalisation shares of BYD Company.

Corporate action overview

Company (Stock Code)

BYD Company (1211)

Corporate Action

Issuance of Bonus Shares on the basis of 8 Bonus Shares for every 10 Shares in issue; and issuance of Capitalisation Shares on the basis of 12 Capitalisation Shares for every 10 Shares in issue

Ex-date

10 June 2025

Company (Stock Code)

BYD Company (1211)

 

For details of the announcement made by BYD Company on 22 April 2025, please refer to the hyperlinks below:

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

Structured products with shares of BYD Company as underlying asset

The listing documents of all existing structured products with the shares of BYD Company as underlying asset contain provisions that deal with a bonus issue and capitalization issue. Structured product issuers will make announcements regarding the relevant adjustments (including the adjusted entitlement, adjusted exercise price and adjusted call price, as appropriate) and investors should read the contents of such announcements carefully.

Adjustments of BYD Company Futures and Options

For detailed trading, clearing and settlement arrangements of BYD Company 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.

 

Note:

  1. Stock Options contracts include both Monthly Stock Options and Weekly Stock Options contracts of BYD Company.