Hang Seng TECH Index Futures and Options

Introduction

The Hang Seng TECH Index (“the Index”) was launched on 27 July 2020 and tracks the 30 largest technology companies listed in Hong Kong. According to back-testing data, it has increased by 36% in 2019 and 60% in the first 10 months of 2020.

The Hang Seng TECH Index Futures and Options are the first exchange-traded derivatives contracts to track the Index. They complement HKEX’s flagship Hang Seng Index and Hang Seng China Enterprises Index products, providing investors with a new tool to manage risks in their exposures to Hong Kong-listed technology companies.

Contract Summary

Contract Hang Seng TECH Index Futures Hang Seng TECH Index Options
Underlying Index Hang Seng TECH Index Hang Seng TECH Index
HKATS Code HTI HTI
Contract Multiplier HK$50 per index point HK$50 per index point
Minimum Fluctuation One index point One index point
Contract Months Spot, next calendar month & the following 2 quarterly months Spot, next calendar month & the following 2 quarterly months
Pre-Market Opening Period

8:45 am - 9:15 am; 

12:30 pm - 1:00 pm

N/A
Trading Hours
9:15 am - 12:00 pm, 1:00 pm - 4:30 pm (T session); 5:15 pm - 3:00 am (T+1 session)
9:15 am - 12:00 pm, 1:00 pm - 4:30 pm (T session)
(Note: There will be no T+1 session for HSTECH Options at launch)
Last Trading Day The Business Day immediately preceding the last Business Day of the Contract Month The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price The average of underlying index values taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the Last Trading Day, rounded down to the nearest whole number. The average of underlying index values taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the Last Trading Day, rounded down to the nearest whole number.
Transaction Costs Trading Fee         HK$5.00
Commission Levy    HK$0.54
Commission Rate    Please refer to Fees & Charges Table
Trading Fee         HK$5.00
Commission Levy    HK$0.54
Commission Rate    Please refer to Fees & Charges Table

 *The amount indicated above is subject to change from time to time.

For market data, please click here to refer to HKEX's offical website.

To know more, please contact your Wealth Manager or call our Customer Service Hotline +852 2822 5001.

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