HKEx Prepares Its First Mainland Chinese Equity-Index Futures
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Hong Kong Exchanges & Clearing Ltd. plans to offer its first mainland Chinese equity-index futures later this year as the bourse expands its derivatives business.
China’s markets regulator must approve the products before they can launch. HKEx will either license an existing index from a company such as FTSE International Ltd. or China Securities Index Co., or strike a deal to use contracts that already trade on the China Financial Futures Exchange, or CFFEX, according to Romnesh Lamba, the Hong Kong firm’s co-head of global markets.