[3Wd] HKEX: HHI Hang Seng China Enterprises Index
Hang Seng China Enterprises Index
There has been growing investors' interest in China-related securities resulting from the rapid expansion of Mainland economy. The Hang Seng China Enterprises Index (HSCEI) is a market capitalisation-weighted stock index which is compiled and calculated by Hang Seng Indexes Company Limited . The HSCEI tracks the performance of major H-shares. H-shares are Renminbi-denominated shares issued by People's Republic of China (PRC) issuers under PRC law and listed on the Stock Exchange of Hong Kong, the par values of which are denominated in Renminbi, and which are subscribed for and traded in Hong Kong dollars.
HSCEI Index Futures Contract Summary
(Hang Seng China Enterprises Index Futures)
The HSCEI Index futures were introduced in 8 December 2003 based on the underlying HSCEI.
Exchange : Hong Kong Exchanges and Clearing Limited (HKEX, 香港交易所)
Underlying Index : Hang Seng China Enterprises Index (HSCEI)
Currency : Hong Kong Dollar (HKD)
HKATS Code : HHI
Contract Multiplier : HK$50 per index point
Minimum Fluctuation : One index point
Contract Months :
1) Short-dated Futures : Spot month, next three calendar month, & next three calendar quarter months; and
2) Long-dated Futures : the three months of June and December plus the next three months of December
Pre-Market Opening Period : 8:45 am - 9:15 am & 12:30 pm - 1:00 pm
Trading Hours :
1) 9:15 am - 12:00 noon
2) 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day : The second last Trading day of the Contract Month
Final Settlement Price : The average of quotations 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.
Transaction Costs
1) Exchange Fee : HK$3.50
2) Commission Levy : HK$0.54
3) Commission Rate : Negotiable