China’s futures clampdown hits Hong Kong warrants

Volumes of derivatives linked to China A-shares fall 83%

hong kong
Hong Kong: Collapse in warrant and CBBC volumes

Dealers have blamed China's equity futures clampdown for a dramatic 83% collapse in volumes of Hong Kong-listed derivatives linked to China A-shares.

Trading of warrants and callable bull/bear contracts (CBBCs), which provide investors with a leveraged investment in an underlying instrument – in this case China A-shares, via exchange-traded funds (ETFs) listed in Hong Kong – had surged since the country's stock market rally began at the start of the year.

Daily turnover of Hong Kong-listed warra

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: