【IMPORTANT NOTICE】HK STOCKS AND HKFE CONTRACTS HANDLING

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【IMPORTANT NOTICE】HK STOCKS AND HKFE CONTRACTS HANDLING

HK Stock Handling:

Due to the black rainstorm signal on September 8, 2023 (Friday), the Hong Kong market was closed for the entire day. Any orders placed after the market close (after 16:40) on September 7, 2023 (Thursday) will be carried forward to September 11, 2023 (Monday). Additionally, new orders placed after the market close (after 16:40) on September 8, 2023 (Friday) will also be carried forward to September 11, 2023 (Monday).

 

HKFE Contracts Handling:

In the event that trading on the Exchange is closed for the entire Expiry Day, the Official Settlement Price (OSP) for the Weekly Hang Seng Index Options and Weekly Hang Seng China Enterprises Index Options will be determined on the next Trading Day when the market is open. This will be done by taking the average of full-day 5-minute interval readings, as specified in their Contract Specifications. The Expiry Day will remain unchanged, and the Contracts will not be available for trading beyond September 8, 2023. Under this scenario, pursuant to Regulation 005 of the Regulations for Trading Stock Index Option Contracts, the Final Settlement Day of expiring contracts will also be postponed by one Trading Day.

For more details, please refer to the Procedure of the HKCC Rules and Procedures:
https://www.hkex.com.hk/-/media/HKEX-Market/Services/Rules-and-Forms-and-Fees/Rules/HKCC/Rules/HKATS_6.pdf

 

 If you have any enquiry, please call our 24-hour InvestLine (852) 2878 5555 or contact your Relationship Manager.