HKEx To Suspend Trading Of Eight Futures And Options Contracts And One Stock Option Class

Hong Kong Exchanges and Clearing Limited (HKEx) announced today (Thursday, 26 July) that the trading of eight futures and options contracts and one stock option class will be suspended due to the upcoming reconfiguration of HSI Services' indices and changes in market interests. Trading will be suspended according to the following procedures.

For Hang Seng 100 Futures and Options, Hang Seng China-Affiliated Corporations (Red Chip) Index Futures and Options, Hang Seng Properties Sub-index Futures and Options and Hopewell Holdings Limited Futures contracts:

• No new expiration months will be introduced for trading after July expiration;
• Existing expiration months with zero open interest will be suspended after July expiration; and
• Existing expiration months with open interest will continue to trade until expiry.

For the Rolling Forex Futures Deutschemark contract:

• The contract will not be automatically rolled over with effect from the close of trading on 31 August 2001.

For the Hopewell Holdings Limited Option Class:

• Effective 31 July 2001, no new strike series or expiry months will be introduced; and
• The option class will be suspended on the expiration of the existing contracts.