HKEX to add 12 weekly and monthly stock option classes next month
Hong Kong Exchanges and Clearing will list 12 new stock option classes on 9 November, covering stocks including Kingboard Holdings, ASMPT and Biren Technology. Each will offer weekly and monthly contracts from day one, expanding investor choice.
Hong Kong Exchanges and Clearing (HKEX) will add 12 new stock option classes on 9 November, covering underlying stocks that include Kingboard Holdings, Kingboard Laminates, ASMPT, Hansoh Pharmaceutical, China Gold International, Southern Hang Seng Tech, GigaDevice, Biren Technology, Cambridge Industries, Montage Technology, Kelun-Biotech and Tianshu Zhixin. From the first trading day, both weekly and monthly expiry contracts will be available, broadening investor choice and allowing market participants to select the most suitable expiry contracts for their trading and risk-management needs, the exchange said.
Stock options are among the fastest-growing derivatives at HKEX, with average daily volume of nearly 900,000 contracts in the first nine months of this year, up 1.4 per cent year on year and a record high for the period. Weekly stock options have also proved popular, with volume exceeding 51 million contracts since their launch in November 2024, consistently accounting for about 20 per cent of turnover in the related stock option products.
With the latest additions, HKEX's weekly stock option contracts will cover 66 listed companies and exchange-traded funds, the exchange noted.