HKEx To Temporarily Suspend Trading Of Kookmin Bank Futures And Options On Kookmin Bank Futures

Hong Kong Exchanges and Clearing Limited (HKEx) said today (26 October) that the trading of the Kookmin Bank Futures contract and Options on the Kookmin Bank Futures contract will be suspended from 29 October to 8 November inclusive. The suspension coincides with the suspension of the share trading of Kookmin Bank in the cash market as indicated by Kookmin Bank's announcement on 11 October 2001.

No adjustments will be made to the Kookmin Bank Futures Contract and the Options on Kookmin Bank Futures Contract after the merger between Kookmin Bank and H&CB, which will be effective from 1 November. The company name Kookmin Bank will be retained for the new merged entity.

Kookmin Bank Futures and Options were introduced on 4 October with 38 other International Stock Futures and Options contracts.