Singapore Still Rules China Futures Market as Hong Kong Edges In
- Hong Kong now has 4% market share by volume of contracts
- But Singapore is still far ahead in the key trading segment
The Marina Bay Financial District and Central Business District in Singapore.
Photographer: Ore Huiying/BloombergThis article is for subscribers only.
Six months after Hong Kong introduced equity index futures to make it easier for international investors to bet on Chinese stocks, Singapore still rules the market, although its Asian rival is making inroads.
Hong Kong’s contracts linked to one index of 50 of the largest mainland-listed companies accounted for about 4% of volume in the segment in April, according to Bloomberg calculations based on data from the exchanges. By value, the share rose to 15%.