Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce plans to launch weekly single stock options for 10 Hong Kong-listed equities, the latest derivatives market enhancement that will give investors even more choice to manage risks and execute trading strategies.
HKEX plans to launch these new weekly expiries “by the end of 2024, subject to market readiness and regulatory approval.”
HKEX Head of Equities Product Development, Brian Roberts, said:
“We are delighted to be introducing weekly stock options in our growing product ecosystem. The new additions will add to the attractiveness and diversity of our derivatives market, further supporting investors’ risk management needs. At HKEX, we are committed to continuously enhancing our product lineup and further developing our markets, reinforcing Hong Kong’s position as Asia’s leading derivatives trading and risk management hub.”
Recently, HKEX also announced that it has “established a new postgraduate scholarship program in partnership with The Chinese University of Hong Kong (CUHK) Business School.”
The annual scholarship program “has been launched to honor Laura M Cha, recognizing her considerable contribution to the development of capital markets in Hong Kong, Mainland China and globally over her distinguished career, most recently as HKEX Chairman.”
Mrs Cha has played “a major role in the growth of Hong Kong’s and Mainland China’s financial markets, including the introduction of H-Shares and the development of the Connect programs, supporting ever greater connectivity and access to the region for investors and corporates alike.”
She has also been a long-term “advocate of corporates taking an active role in their communities, including overseeing the establishment of the HKEX Foundation, which has donated more than HK$440 million to charitable projects since it was established in 2020.”
HKEX Chairman, Carlson Tong, said:
“This scholarship is a tribute from HKEX to celebrate Laura’s remarkable leadership and unwavering commitment to the sustained growth of our capital markets. Her instrumental involvement in establishing Hong Kong as a dynamic and globally significant international financial centre, coupled with her pivotal contributions towards fostering the accessibility of China’s markets over the past three decades, exemplify her exceptional achievements. Laura has become a beacon of inspiration for an entire generation of finance professionals, particularly women, who aspire to forge successful careers in capital markets. I am confident that she will continue to make a lasting impact as a dedicated mentor and trusted advisor for many years to come.”
