Hong Kong Futures Exchange: Margin Rates Set For Futures Contracts On China Communications Construction, Foxconn International, And PICC Property And Casualty

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, has set margin rates for futures contracts on China Communications Construction Co Ltd, Foxconn International Holdings Ltd, and PICC Property and Casualty Co Ltd, which will be introduced on Monday, 19 March 2007.

The table below shows the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the contract:

HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients' individual circumstances.