HKEx to launch mini H-shares futures
Soaring H-shares have made futures contracts too big for many investors, prompting HKEx to launch a slimmed-down contract.
Hong Kong's futures exchange plans to make it easier for retail punters to bet on the H-share index with the introduction of mini futures contracts. The new instruments will start trading on March 31, subject to approval from the Securities and Futures Commission.
The market for H-shares futures has become a victim of the success of the index. The increase in the level of the underlying index has raised the contract size of one H-shares index futures contract substantially since...
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