編號

Ref. No.:

DCRM/HKCC/230/2016

日期

Date:

28/11/2016

香 港 期貨 結算 有限 公司

(香港交易及結算所有限公司全資附屬公司)

HKFE CLEARING CORPORATION LIMITED

(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

通告 CIRCULAR

Subject:

Margin Rates

Enquiry:

2211-6901

Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Thursday, 1 December 2016, the margin levels of the following Futures Contracts shall be as follows:

Client Margin

Clearing House Margin

Initial

Maintenance

(HK$)

(HK$)

(HK$)

Hang Seng Index

Full Rate

71,000

/lot

56,800

/lot

56,800

/lot

Spread Rate

14,200

/spread

11,400

/spread

11,400

/spread

Mini - Hang Seng Index

Full Rate

14,200

/lot

11,360

/lot

11,360

/lot

Spread Rate

2,840

/spread

2,280

/spread

2,280

/spread

Hang Seng China Enterprises Index

Full Rate

30,300

/lot

24,250

/lot

24,250

/lot

Spread Rate

9,100

/spread

7,300

/spread

7,300

/spread

Mini - Hang Seng China Enterprises Index

Full Rate

6,060

/lot

4,850

/lot

4,850

/lot

Spread Rate

1,820

/spread

1,460

/spread

1,460

/spread

CES China 120 Index

Full Rate

16,450

/lot

13,170

/lot

13,170

/lot

Spread Rate

4,940

/spread

3,960

/spread

3,960

/spread

HSCEI Dividend Point Index

Full Rate

1,620

/lot

1,290

/lot

1,290

/lot

Spread Rate

1,950

/spread

1,550

/spread

1,550

/spread

HSI Dividend Point Index

Full Rate

4,020

/lot

3,220

/lot

3,220

/lot

Spread Rate

4,830

/spread

3,870

/spread

3,870

/spread

CES Gaming Top 10 Index

Full Rate

18,750

/lot

15,000

/lot

15,000

/lot

Spread Rate

5,630

/spread

4,500

/spread

4,500

/spread

2

Page 2

Hang Seng IT Hardware Index

Full Rate

8,560

/lot

6,850

/lot

6,850

/lot

Spread Rate

2,570

/spread

2,060

/spread

2,060

/spread

Hang Seng Mainland Banks Index

Full Rate

8,240

/lot

6,590

/lot

6,590

/lot

Spread Rate

2,480

/spread

1,980

/spread

1,980

/spread

Hang Seng Mainland Healthcare Index

Full Rate

13,240

/lot

10,590

/lot

10,590

/lot

Spread Rate

3,980

/spread

3,180

/spread

3,180

/spread

Hang Seng Mainland Oil & Gas Index

Full Rate

5,210

/lot

4,170

/lot

3,920

/lot

Spread Rate

1,570

/spread

1,260

/spread

1,180

/spread

Hang Seng Mainland Properties Index

Full Rate

12,480

/lot

9,980

/lot

9,980

/lot

Spread Rate

3,750

/spread

3,000

/spread

3,000

/spread

Hang Seng Software & Service Index

Full Rate

21,940

/lot

17,550

/lot

17,550

/lot

Spread Rate

6,590

/spread

5,270

/spread

5,270

/spread

HSI Volatility Index

Full Rate

32,960

/lot

26,370

/lot

25,420

/lot

Spread Rate

9,890

/spread

7,920

/spread

7,630

/spread

IBOVESPA

Full Rate

24,720

/lot

19,780

/lot

18,570

/lot

Spread Rate

7,420

/spread

5,940

/spread

5,580

/spread

S&P BSE Sensex Index

Full Rate

16,320

/lot

13,060

/lot

13,060

/lot

Spread Rate

4,900

/spread

3,920

/spread

3,920

/spread

FTSE/JSE Top40 Index

Full Rate

28,090

/lot

22,470

/lot

22,470

/lot

Spread Rate

8,430

/spread

6,750

/spread

6,750

/spread

MICEX Index

Full Rate

23,480

/lot

18,790

/lot

18,790

/lot

Spread Rate

7,050

/spread

5,640

/spread

5,640

/spread

One-Month HIBOR

Full Rate

626

/lot

501

/lot

470

/lot

Spread Rate

Please refer to attachment 1

Three-Month HIBOR

Full Rate

735

/lot

588

/lot

555

/lot

Spread Rate

Please refer to attachment 1

iShares FTSE A50 China Index ETF

Full Rate

3,490

/lot

2,790

/lot

2,790

/lot

Spread Rate

1,050

/spread

837

/spread

837

/spread

Agricultural Bank of China Ltd.

Full Rate

10,040

/lot

8,030

/lot

8,030

/lot

Spread Rate

3,020

/spread

2,410

/spread

2,410

/spread

Aluminum Corporation of China Ltd.

Full Rate

707

/lot

565

/lot

539

/lot

Spread Rate

213

/spread

170

/spread

162

/spread

Alibaba Pictures Group Ltd.

Full Rate

4,690

/lot

3,750

/lot

3,750

/lot

Spread Rate

1,410

/spread

1,130

/spread

1,130

/spread

China AMC CSI 300 Index ETF

Full Rate

4,990

/lot

3,990

/lot

3,990

/lot

Spread Rate

1,500

/spread

1,200

/spread

1,200

/spread

3

Page 3

AviChina Industry & Technology Co. Ltd.

Full Rate

3,460

/lot

2,770

/lot

2,770

/lot

Spread Rate

1,040

/spread

831

/spread

831

/spread

Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd.

Full Rate

2,660

/lot

2,130

/lot

2,010

/lot

Spread Rate

798

/spread

639

/spread

603

/spread

Bank of China Ltd.

Full Rate

218

/lot

174

/lot

174

/lot

Spread Rate

66

/spread

53

/spread

53

/spread

Bank of Communications Co., Ltd.

Full Rate

377

/lot

302

/lot

302

/lot

Spread Rate

114

/spread

91

/spread

91

/spread

The Bank of East Asia, Ltd.

Full Rate

406

/lot

325

/lot

318

/lot

Spread Rate

122

/spread

98

/spread

96

/spread

BOC Hong Kong (Holdings) Ltd.

(BOC Multiplier=500)

Full Rate

921

/lot

737

/lot

717

/lot

Spread Rate

277

/spread

222

/spread

216

/spread

BOC Hong Kong (Holdings) Ltd.

(BOA Multiplier=513)

Full Rate

944

/lot

756

/lot

735

/lot

Spread Rate

284

/spread

228

/spread

222

/spread

China Construction Bank Corporation

Full Rate

359

/lot

287

/lot

286

/lot

Spread Rate

108

/spread

87

/spread

86

/spread

China Communications Construction Company Ltd

Full Rate

727

/lot

582

/lot

551

/lot

Spread Rate

219

/spread

175

/spread

166

/spread

China Coal Energy Co. Ltd.

Full Rate

4,220

/lot

3,380

/lot

3,190

/lot

Spread Rate

1,270

/spread

1,020

/spread

957

/spread

China Cinda Asset Management Co., Ltd.

Full Rate

8,570

/lot

6,850

/lot

6,800

/lot

Spread Rate

2,580

/spread

2,060

/spread

2,040

/spread

CGN Power Co., Ltd.

Full Rate

7,190

/lot

5,750

/lot

5,750

/lot

Spread Rate

2,160

/spread

1,730

/spread

1,730

/spread

China Oilfield Services Ltd.

Full Rate

8,500

/lot

6,800

/lot

6,420

/lot

Spread Rate

2,550

/spread

2,040

/spread

1,930

/spread

China Hongqiao Group Ltd.

Full Rate

6,040

/lot

4,830

/lot

4,550

/lot

Spread Rate

1,820

/spread

1,450

/spread

1,370

/spread

China Mobile Ltd.

Full Rate

2,670

/lot

2,130

/lot

2,100

/lot

Spread Rate

801

/spread

639

/spread

630

/spread

China Unicom (Hong Kong) Limited

Full Rate

1,490

/lot

1,200

/lot

1,120

/lot

Spread Rate

447

/spread

360

/spread

336

/spread

4

Page 4

CITIC Ltd.

Full Rate

752

/lot

601

/lot

601

/lot

Spread Rate

226

/spread

181

/spread

181

/spread

CK Hutchison Holdings Ltd.

Full Rate

3,020

/lot

2,410

/lot

2,410

/lot

Spread Rate

906

/spread

723

/spread

723

/spread

China Life Insurance Company Ltd.

Full Rate

1,950

/lot

1,560

/lot

1,490

/lot

Spread Rate

585

/spread

468

/spread

447

/spread

CLP Holdings Ltd.

Full Rate

2,320

/lot

1,850

/lot

1,850

/lot

Spread Rate

696

/spread

555

/spread

555

/spread

China Merchants Bank Co., Ltd.

Full Rate

587

/lot

470

/lot

470

/lot

Spread Rate

177

/spread

141

/spread

141

/spread

CNOOC Ltd.

Full Rate

807

/lot

646

/lot

605

/lot

Spread Rate

243

/spread

194

/spread

182

/spread

Cathay Pacific Airways Ltd.

Full Rate

661

/lot

529

/lot

529

/lot

Spread Rate

199

/spread

159

/spread

159

/spread

China Petroleum & Chemical Corporation

Full Rate

818

/lot

654

/lot

620

/lot

Spread Rate

246

/spread

197

/spread

186

/spread

CRRC Corporation Ltd.

Full Rate

4,420

/lot

3,530

/lot

3,530

/lot

Spread Rate

1,330

/spread

1,060

/spread

1,060

/spread

CSOP FTSE China A50 ETF

Full Rate

3,710

/lot

2,970

/lot

2,970

/lot

Spread Rate

1,120

/spread

891

/spread

891

/spread

China Shenhua Energy Co. Ltd.

Full Rate

15,370

/lot

12,300

/lot

11,560

/lot

Spread Rate

4,620

/spread

3,690

/spread

3,470

/spread

China CITIC Bank Corporation Ltd.

Full Rate

6,320

/lot

5,050

/lot

5,050

/lot

Spread Rate

1,900

/spread

1,520

/spread

1,520

/spread

China Telecom Corporation Ltd.

Full Rate

518

/lot

414

/lot

394

/lot

Spread Rate

156

/spread

125

/spread

119

/spread

CITIC Securities Co. Ltd.

Full Rate

11,350

/lot

9,080

/lot

8,910

/lot

Spread Rate

3,410

/spread

2,730

/spread

2,680

/spread

China South City Holdings Ltd.

Full Rate

1,510

/lot

1,210

/lot

1,140

/lot

Spread Rate

453

/spread

363

/spread

342

/spread

Digital China Holdings Ltd. (DIG Multiplier=5,000)

Full Rate

3,070

/lot

2,460

/lot

2,330

/lot

Spread Rate

921

/spread

738

/spread

699

/spread

Digital China Holdings Ltd. (DIA Multiplier=7,402)

Full Rate

4,545

/lot

3,642

/lot

3,449

/lot

Spread Rate

1,363

/spread

1,093

/spread

1,035

/spread

Esprit Holdings Ltd.

Full Rate

62

/lot

50

/lot

47

/lot

Spread Rate

19

/spread

15

/spread

15

/spread

HKEx - Hong Kong Exchanges and Clearing Ltd. published this content on 29 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 November 2016 08:54:32 UTC.

Original documenthttp://www.hkex.com.hk/eng/market/partcir/hkcc/2016/Documents/MC Circular 28 November 2016.pdf

Public permalinkhttp://www.publicnow.com/view/FEE05C27583CEB236C0BC0F9D2E34C5F4292A542