HK to Unveil MSCI China Free Index Futures and OptionsThe Stock Exchange of Hong Kong Limited (HKEx), subsidiary of Hong Kong Exchanges and Clearing Limited, announced December 17 that its financial derivatives market has been authorized to use the free index of the Morgan Stanley Capital International Co.(MSCI). That also means HKEx is able to conduct futures and options contracts based on MSCI's China Free Index.MSCI's China Free Index represents non-local investors' opportunities to invest in China's mainland stock markets. On last November 23, MSCI China Free Index had 31 component stocks worth US$76.7 billion. It predicted that HKEx will turn out various products based on MSCI's China Free Index in 2001 after getting approval from the HK Securities and Futures Regulatory Committee. By PD Online Staff Huang Ying |
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