SEHK adds security to short selling list
13 July 2010 Hong Kong
Image: Shutterstock
The Stock Exchange of Hong Kong has announced that Agricultural Bank of China will be added to the designated list of securities for short selling, with effect from July 16, subject to the successful listing of the stock on the same day.
"The introduction of Agricultural Bank of China stock options demonstrates our commitment to expand our product range and further strengthen our position as a leading international marketplace for securities and derivatives," said Calvin Tai, head of HKEx's Trading Division. "Our ability to offer related equity derivatives that complement Mainland stocks traded in our securities market is one of our strengths."
The number of companies eligible for short selling now totals 580.
"The introduction of Agricultural Bank of China stock options demonstrates our commitment to expand our product range and further strengthen our position as a leading international marketplace for securities and derivatives," said Calvin Tai, head of HKEx's Trading Division. "Our ability to offer related equity derivatives that complement Mainland stocks traded in our securities market is one of our strengths."
The number of companies eligible for short selling now totals 580.
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