Hong Kong Exchanges and Clearing Limited (HK2C.F)
- South China Morning Post
Hong Kong stock exchange to offer weekly options based on Hang Seng Tech Index
Hong Kong Exchanges and Clearing (HKEX), the operator of the Hong Kong stock exchange, will introduce a weekly options contract based on the Hang Seng Tech Index in a move to broaden its suite of derivative products amid a slowdown in new listings and trading turnover. Weekly Hang Seng Tech Index options will hit the market on September 2, subject to regulatory approval, HKEX said on Thursday. Another financial product - weekly stock options - is being planned for later this year, it added. Thes
- Bloomberg
London Metal Exchange Mulls Adding Warehouse in Hong Kong
(Bloomberg) -- The London Metal Exchange is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China — the world’s biggest metals market.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksYouTuber Dr Disrespect Was Allegedly Kick
- Reuters
LME eyeing Hong Kong as a global warehouse location, says owner HKEX
HONG KONG (Reuters) -The London Metal Exchange (LME) is exploring the possibility of listing Hong Kong as an LME warehouse location, the chief executive of its owner said on Thursday, as the exchange looks to strengthen its global logistics footprint. Registering warehouses in China, the world's largest consumer of industrial metals, to store metal traded on the LME has been a strategic aim since Hong Kong Exchanges and Clearing (HKEX) bought the LME in 2012 for $2.2 billion. The exchange has recently said it is looking to expand its global warehouse network to add Saudi port Jeddah while Reuters reported in January it was also examining opening a warehouse location in Hong Kong.
