The Stock Exchange of Hong Kong Limited (the Exchange) today announced adjusted position limits for stock options contracts to take effect on Thursday, 2 July. Pursuant to section 5.9 of Operational Trading Procedures for Options Trading Exchange Participants of the Stock Exchange and after consulting the Securities and Futures Commission, the Exchange has determined to revise the position limits of the following six option classes to 50,000 open contracts per option class in any direction for all expiry months combined, in view of the growing stock options market.
|
Underlying Stock Name (Stock Code) |
HKATS Code |
Existing Position Limit |
Revised Position Limit |
|
The Wharf (Holdings) Limited (4) |
WHL |
30,000 |
50,000 |
|
Henderson Land Development Company Limited (12) |
HLD |
30,000 |
50,000 |
|
Swire Pacific Limited 'A' (19) |
SWA |
30,000 |
50,000 |
|
CITIC Pacific Limited (267) |
CIT |
30,000 |
50,000 |
|
|
HEX |
30,000 |
50,000 |
|
Li & Fung Limited (494) |
LIF |
30,000 |
50,000 |
The full list of option classes available for trading and the respective position limits can be found on the website at: http://www.hkex.com.hk/prod/so/classlist_so.htm.
The reporting levels for stock option contracts remain unchanged at 1,000 open contracts per option class per expiry month.
Stock Options Exchange Participants are requested to remind their clients of the revisions accordingly.
