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A New Way of Betting on Tech Stocks Is Emerging in Hong Kong.

Authors :
Cha, Sangmi
Wong, Kiuyan
Source :
Bloomberg.com; 9/1/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

The Hong Kong stock exchange is launching weekly options on the Hang Seng Tech Index, which includes stocks like Alibaba and JD.com. This move is part of the exchange's efforts to boost trading and liquidity in a market that has been struggling in recent years. The introduction of these options is expected to provide better price discovery and more flexibility for investors. The Hong Kong exchange has been expanding its derivatives offerings, with futures and options trading seeing consistent growth. The expansion of weekly options is aimed at diversifying investment options for retail and institutional investors. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179361902