HKEX to Launch Hang Seng Biotech Index Futures Next Month

Reported 18 days ago

Hong Kong Exchanges and Clearing (HKEX) is set to debut the Hang Seng Biotech Index Futures on November 28, aiming to provide a risk management tool for investors in the rapidly growing biopharmaceutical sector. The new contracts will track the performance of the 30 largest Hong Kong-listed Chinese pharmaceutical and medical device companies, as interest from offshore investors surges. This launch underscores HKEX's commitment to enhancing Hong Kong's status as Asia's premier derivatives trading hub.

Source: YAHOO

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