HKEX sets Asian record for L&I product listings on a single day


Four providers of Leveraged and Inverse Products (L&I Products) listed a total of 16 products today on the Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), setting a new exchange record for the most L&I Product listings in Asia on a single day.

Leveraged Products and Inverse Products are designed to provide two times (2x) and negative one time (-1x) the daily performance of their benchmark respectively. Today’s listings are the first L&I Products on the Exchange that track the Hang Seng Index or Hang Seng China Enterprises Index.

There are now 29 L&I Products listed on the Exchange by five providers. They include providers from Hong Kong, Mainland China and South Korea.

HKEX Chief Executive Charles Li

L&I Products are part of our strategy to expand our markets in Hong Kong with more products on underlying assets from the Mainland, Hong Kong and overseas,” said HKEX Chief Executive Charles Li. “We see the first listings on the Hang Seng Index and the H-shares index as a major step in the development of our L&I Products market. As Hong Kong continues to establish itself as Asia’s exchange-traded product hub, providing a diverse product offering is important in meeting the needs of our investors. We will continue to work with the industry to advance exchange-traded products in Hong Kong.

The introduction of the new L&I Products received a strong reception from the market, with a total turnover of nearly $350 million on their first day.

L&I Products Listed in Hong Kong on 14 March 2017:

Provider

Stock Code

Product Name

China Asset Management
(Hong Kong) Limited

7221

ChinaAMC Direxion Hang Seng Index
Daily (2x) Leveraged Product

7321

ChinaAMC Direxion Hang Seng Index
Daily (-1x) Inverse Product

7267

ChinaAMC Direxion Hang Seng China Enterprises Index
Daily (2x) Leveraged Product

7341

ChinaAMC Direxion Hang Seng China Enterprises Index
Daily (-1x) Inverse Product

CSOP Asset Management Limited

7200

CSOP Hang Seng Index
Daily (2x) Leveraged Product

7300

CSOP Hang Seng Index Daily (-1x) Inverse Product

7288

CSOP Hang Seng China Enterprises Index
Daily (2x) Leveraged Product

7388

CSOP Hang Seng China Enterprises Index
Daily (-1x) Inverse Product

Mirae Asset Global Investments (Hong Kong) Limited

7231

Mirae Asset Horizons Hang Seng Index
Daily (2x) Leveraged Product

7336

Mirae Asset Horizons Hang Seng Index
Daily (-1x) Inverse Product

7230

Mirae Asset Horizons Hang Seng China Enterprises Index
Daily (2x) Leveraged Product

7362

Mirae Asset Horizons Hang Seng China Enterprises Index
Daily (-1x) Inverse Product

Samsung Asset Management
(Hong Kong) Limited

7205

Samsung HSI Daily (2x) Leveraged Product

7312

Samsung HSI Daily (-1x) Inverse Product

7228

Samsung HSCEI Daily (2x) Leveraged Product

7328

Samsung HSCEI Daily (-1x) Inverse Product

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HKEX sets Asian record for L&I product listings on a single day

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