HKEX Hang Seng China Enterprises Index Futures

Trade broad H-share market exposure on the Hong Kong Futures Exchange.

Hang Seng China Enterprises Index (HSCEI) Futures track the performance of major H-shares listed on the Hong Kong Stock Exchange, trading under the code HHI. Contracts carry a multiplier of HK$50 per index point and a minimum fluctuation of one index point, and trade across 9:15 am – 12:00 noon, 1:00 pm – 4:30 pm and 5:00 pm – 3:00 am sessions (expiring contracts close at 4:00 pm on the Last Trading Day).

Contracts are cash-settled, based on the average of quotations taken at five-minute intervals during the final trading day's continuous session plus the SEHK close. HSCEI Futures allow investors to establish broad market exposure to H-share companies through flexible long/short, hedging, and spreading strategies, with efficient use of capital and lower transaction costs than trading a basket of the underlying constituent stocks.

Key Benefits

• Flexible Trading Strategies
  • Use HSCEI Futures and Options for long or short strategies, to hedge HSCEI portfolios against a declining market, or to spread against related markets such as the HSI.
     
• Fast Execution
  • A cost-effective way to track and establish broad market exposure linked to the performance of H-share companies.
     
• Efficient Use of Capital
  • Contracts are traded on a margin basis, requiring a much smaller capital outlay than buying a portfolio of H-share companies directly.
     
• Low Transaction Costs
  • Transaction costs for trading HSCEI Futures and Options are lower than trading a basket of the constituents in the HSCEI.
     
• Clearing House Guarantee
  • Contracts are registered, cleared and guaranteed by HKEX's Clearing House, eliminating counterparty risk.
     

Contract Specifications

Source: HKEX

This advertisement has not been reviewed by the Monetary Authority of Singapore.
 

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