.jpg)
Hong Kong Exchanges and Clearing Limited (HKEx) will introduce three new stock option classes on 6 July this year and is gradually discontinuing trading in three stock option classes and the corresponding stock futures contracts.
New Stock Option Classes
The new stock option classes comprise China Overseas Land,
Tencent and Zijin Mining. The table below shows contract highlights.
A general contract summary is on the HKEx website at:
http://www.hkex.com.hk/tradinfo/futurescontract/conspec.htm.
Stock Option Classes to be Introduced on 6 July
|
Underlying Stock |
Stock Code |
Contract Size* |
Expiry Months Available on |
|
China Overseas Land & Investment Limited |
688 |
2,000 |
July, August, September, |
|
Tencent Holdings Limited |
700 |
200 |
|
|
Zijin Mining Group Company Limited |
2899 |
2,000 |
* One board lot of the underlying stock
Other Changes
HKEx has decided to gradually discontinue the trading of Cheung Kong Infrastructure options and futures, Denway Motors options and futures and Johnson Electric options and futures with immediate effect due to limited trading.
The table below shows key details.
Stock Options and Futures Being Phased Out
|
Underlying Stock |
Stock Code |
Outstanding Expiry/Contract Months |
|
Cheung Kong Infrastructure Holdings Limited (CKI) |
1038 |
June, July, August, September and December 2009 |
|
Denway Motors Limited (DWM) |
203 |
June, July, August, September and December 2009 |
|
Johnson Electric Holdings Limited (JSE) |
179 |
June, July, August, September and December 2009 |
CKI, DWM, JSE Options: No new expiry months or series will be introduced for trading with immediate effect. All existing expiry months and series will be available for trading until the expiration of the respective expiry months.
CKI, DWM JSE Futures: No new contract months will be introduced for trading with immediate effect. All outstanding contract months will be available for trading until expiration of the respective contract months.
The changes resulted from a routine market review and reflect HKEx's commitment to providing products and services that meet the needs of its markets' participants.
The attached tables show all pending changes to the stock option classes and stock futures contracts available for trading at HKEx.
Stock Option Classes Available for Trading
|
Stock Code |
Underlying Stock |
Contract Size (Shares) |
|
1 |
Cheung Kong (Holdings) Limited |
1,000 |
|
2 |
CLP Holdings Limited |
500 |
|
3 |
The Hong Kong and China Gas Company Limited |
1,000 |
|
4 |
The Wharf (Holdings) Limited |
1,000 |
|
5 |
HSBC Holdings Plc. |
400 |
|
6 |
Hongkong Electric Holdings Limited |
500 |
|
8 |
PCCW Limited ** |
1,000 |
|
11 |
Hang Seng Bank Limited |
100 |
|
12 |
Henderson Land Development Company Limited |
1,000 |
|
13 |
Hutchison Whampoa Limited |
1,000 |
|
16 |
Sun Hung Kai Properties Limited |
1,000 |
|
17 |
New World Development Company Limited |
1,000 |
|
19 |
Swire Pacific Limited 'A' |
500 |
|
23 |
The Bank of East Asia, Limited |
200 |
|
66 |
MTR Corporation Limited |
500 |
|
179 |
Johnson Electric Holdings Limited *** |
500 |
|
203 |
Denway Motors Limited *** |
2,000 |
|
267 |
CITIC Pacific Limited |
1,000 |
|
293 |
Cathay Pacific Airways Limited |
1,000 |
|
330 |
Esprit Holdings Limited |
100 |
|
358 |
Jiangxi Copper Company Limited |
1,000 |
|
386 |
China Petroleum & Chemical Corporation |
2,000 |
|
388 |
Hong Kong Exchanges and Clearing Limited |
100 |
|
390 |
China Railway Group Limited |
1,000 |
|
494 |
Li & Fung Limited |
2,000 |
|
688 |
|
2,000 |
|
700 |
Tencent Holdings Limited * |
200 |
|
728 |
China Telecom Corporation Limited |
2,000 |
|
762 |
China Unicom (Hong Kong) Limited |
2,000 |
|
857 |
PetroChina Company Limited |
2,000 |
|
883 |
CNOOC Limited |
1,000 |
|
902 |
Huaneng Power International, Inc. |
2,000 |
|
939 |
China Construction Bank Corporation |
1,000 |
|
941 |
China Mobile Limited |
500 |
|
998 |
China CITIC Bank Corporation Limited |
1,000 |
|
1038 |
Cheung Kong Infrastructure Holdings Limited *** |
1,000 |
|
1088 |
China Shenhua Energy Company Limited |
500 |
|
1186 |
China Railway Construction Corporation Limited |
500 |
|
1398 |
Industrial and Commercial Bank of China Limited |
1,000 |
|
1800 |
China Communications Construction Company Limited |
1,000 |
|
1898 |
China Coal Energy Company Limited |
1,000 |
|
2038 |
Foxconn International Holdings Limited |
1,000 |
|
2318 |
Ping An Insurance (Group) Company of China, Ltd. |
500 |
|
2328 |
PICC Property and Casualty Company Limited |
2,000 |
|
2388 |
BOC Hong Kong (Holdings) Limited |
500 |
|
2600 |
Aluminum Corporation of China Limited |
2,000 |
|
2628 |
China Life Insurance Company Limited |
1,000 |
|
2800 |
Tracker Fund of Hong Kong |
500 |
|
2899 |
Zijin Mining Group Company Limited * |
2,000 |
|
3328 |
Bank of Communications Co., Ltd. |
1,000 |
|
3968 |
China Merchants Bank Co., Ltd. |
500 |
|
3988 |
Bank of China Limited |
1,000 |
* New
classes, commence trading on
6 July 2009
** Gradual
discontinuation of trading until
29 June 2009
*** Gradual discontinuation of
trading until 30 December 2009
Stock Futures Contracts Available for Trading
|
Stock Code |
Underlying Stock |
Contract Multiplier (Shares) |
|
1 |
Cheung Kong (Holdings) Limited |
1,000 |
|
2 |
CLP Holdings Limited |
500 |
|
3 |
The Hong Kong and China Gas Company Limited |
1,000 |
|
4 |
The Wharf (Holdings) Limited |
1,000 |
|
5 |
HSBC Holdings Plc. |
400 |
|
6 |
Hongkong Electric Holdings Limited |
500 |
|
11 |
Hang Seng Bank Limited |
100 |
|
12 |
Henderson Land Development Company Limited |
1,000 |
|
13 |
Hutchison Whampoa Limited |
1,000 |
|
16 |
Sun Hung Kai Properties Limited |
1,000 |
|
17 |
New World Development Company Limited |
1,000 |
|
19 |
Swire Pacific Limited 'A' |
500 |
|
23 |
The Bank of East Asia, Limited |
200 |
|
66 |
MTR Corporation Limited |
500 |
|
179 |
Johnson Electric Holdings Limited + |
500 |
|
203 |
Denway Motors Limited + |
2,000 |
|
267 |
CITIC Pacific Limited |
1,000 |
|
293 |
Cathay Pacific Airways Limited |
1,000 |
|
330 |
Esprit Holdings Limited |
100 |
|
386 |
China Petroleum & Chemical Corporation |
2,000 |
|
388 |
Hong Kong Exchanges and Clearing Limited |
100 |
|
494 |
Li & Fung Limited |
2,000 |
|
728 |
China Telecom Corporation Limited |
2,000 |
|
762 |
China Unicom (Hong Kong) Limited |
2,000 |
|
857 |
PetroChina Company Limited |
2,000 |
|
883 |
CNOOC Limited |
1,000 |
|
902 |
Huaneng Power International, Inc. |
2,000 |
|
939 |
China Construction Bank Corporation |
1,000 |
|
941 |
China Mobile Limited |
500 |
|
1038 |
Cheung Kong Infrastructure Holdings Limited + |
1,000 |
|
1398 |
Industrial and Commercial Bank of China Limited |
1,000 |
|
1800 |
China Communications Construction Company Limited |
1,000 |
|
2038 |
Foxconn International Holdings Limited |
1,000 |
|
2318 |
Ping An Insurance (Group) Company of China, Ltd. |
500 |
|
2328 |
PICC Property and Casualty Company Limited |
2,000 |
|
2388 |
BOC Hong Kong (Holdings) Limited |
500 |
|
2600 |
Aluminum Corporation of China Limited |
2,000 |
|
2628 |
China Life Insurance Company Limited |
1,000 |
|
3328 |
Bank of Communications Co., Ltd. |
1,000 |
|
3968 |
China Merchants Bank Co., Ltd. |
500 |
|
3988 |
Bank of China Limited |
1,000 |
+ Gradual discontinuation of trading until 30 December 2009
