編號

Ref. No.:

DCRM/HKCC/053/2017

日期

Date:

15/03/2017

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 Monday, 20 March 2017, 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

78,337

/lot

62,669

/lot

58,900

/lot

Spread Rate

15,694

/spread

12,555

/spread

11,800

/spread

Mini - Hang Seng Index

Full Rate

15,667

/lot

12,533

/lot

11,780

/lot

Spread Rate

3,138

/spread

2,510

/spread

2,360

/spread

Hang Seng China Enterprises Index

Full Rate

33,582

/lot

26,865

/lot

25,250

/lot

Spread Rate

10,108

/spread

8,086

/spread

7,600

/spread

Mini - Hang Seng China Enterprises Index

Full Rate

6,716

/lot

5,372

/lot

5,050

/lot

Spread Rate

2,021

/spread

1,616

/spread

1,520

/spread

CES China 120 Index

Full Rate

17,675

/lot

14,140

/lot

13,290

/lot

Spread Rate

5,306

/spread

4,244

/spread

3,990

/spread

HSCEI Dividend Point Index

Full Rate

1,808

/lot

1,446

/lot

1,360

/lot

Spread Rate

2,181

/spread

1,744

/spread

1,640

/spread

HSI Dividend Point Index

Full Rate

4,096

/lot

3,276

/lot

3,080

/lot

Spread Rate

4,921

/spread

3,936

/spread

3,700

/spread

CES Gaming Top 10 Index

Full Rate

19,391

/lot

15,512

/lot

14,580

/lot

Spread Rate

5,825

/spread

4,660

/spread

4,380

/spread

2

Page 2

Hang Seng IT Hardware Index

Full Rate

9,921

/lot

7,936

/lot

7,460

/lot

Spread Rate

2,979

/spread

2,383

/spread

2,240

/spread

Hang Seng Mainland Banks Index

Full Rate

9,243

/lot

7,394

/lot

6,950

/lot

Spread Rate

2,779

/spread

2,223

/spread

2,090

/spread

Hang Seng Mainland Healthcare Index

Full Rate

15,401

/lot

12,320

/lot

11,580

/lot

Spread Rate

4,628

/spread

3,702

/spread

3,480

/spread

Hang Seng Mainland Oil & Gas Index

Full Rate

5,320

/lot

4,256

/lot

4,000

/lot

Spread Rate

1,596

/spread

1,276

/spread

1,200

/spread

Hang Seng Mainland Properties Index

Full Rate

14,949

/lot

11,959

/lot

11,240

/lot

Spread Rate

4,495

/spread

3,596

/spread

3,380

/spread

Hang Seng Software & Service Index

Full Rate

23,048

/lot

18,438

/lot

17,330

/lot

Spread Rate

6,916

/spread

5,532

/spread

5,200

/spread

HSI Volatility Index

Full Rate

20,349

/lot

16,279

/lot

15,300

/lot

Spread Rate

6,104

/spread

4,883

/spread

4,590

/spread

IBOVESPA

Full Rate

21,665

/lot

17,332

/lot

16,290

/lot

Spread Rate

6,503

/spread

5,202

/spread

4,890

/spread

S&P BSE Sensex Index

Full Rate

19,324

/lot

15,459

/lot

14,530

/lot

Spread Rate

5,798

/spread

4,638

/spread

4,360

/spread

FTSE/JSE Top40 Index

Full Rate

29,366

/lot

23,492

/lot

22,080

/lot

Spread Rate

8,817

/spread

7,053

/spread

6,630

/spread

MICEX Index

Full Rate

23,780

/lot

19,024

/lot

17,880

/lot

Spread Rate

7,142

/spread

5,713

/spread

5,370

/spread

One-Month HIBOR

Full Rate

1,968

/lot

1,574

/lot

1,480

/lot

Spread Rate

Please refer to attachment 1

Three-Month HIBOR

Full Rate

2,194

/lot

1,755

/lot

1,650

/lot

Spread Rate

Please refer to attachment 1

iShares FTSE A50 China Index ETF

Full Rate

3,710

/lot

2,968

/lot

2,790

/lot

Spread Rate

1,113

/spread

890

/spread

837

/spread

Agricultural Bank of China Ltd.

Full Rate

11,677

/lot

9,341

/lot

8,780

/lot

Spread Rate

3,511

/spread

2,808

/spread

2,640

/spread

Aluminum Corporation of China Ltd.

Full Rate

980

/lot

784

/lot

737

/lot

Spread Rate

295

/spread

236

/spread

222

/spread

Alibaba Pictures Group Ltd.

Full Rate

4,428

/lot

3,542

/lot

3,330

/lot

Spread Rate

1,328

/spread

1,062

/spread

999

/spread

China AMC CSI 300 Index ETF

Full Rate

5,213

/lot

4,170

/lot

3,920

/lot

Spread Rate

1,569

/spread

1,255

/spread

1,180

/spread

3

Page 3

AviChina Industry & Technology Co. Ltd.

Full Rate

3,710

/lot

2,968

/lot

2,790

/lot

Spread Rate

1,113

/spread

890

/spread

837

/spread

Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd.

Full Rate

3,857

/lot

3,085

/lot

2,900

/lot

Spread Rate

1,157

/spread

925

/spread

870

/spread

Bank of China Ltd.

Full Rate

240

/lot

192

/lot

181

/lot

Spread Rate

73

/spread

58

/spread

55

/spread

Bank of Communications Co., Ltd.

Full Rate

381

/lot

304

/lot

287

/lot

Spread Rate

115

/spread

92

/spread

87

/spread

The Bank of East Asia, Ltd.

Full Rate

420

/lot

336

/lot

316

/lot

Spread Rate

126

/spread

100

/spread

95

/spread

BOC Hong Kong (Holdings) Ltd. (BOC Multiplier=500)

Full Rate

1,026

/lot

820

/lot

772

/lot

Spread Rate

308

/spread

246

/spread

232

/spread

BOC Hong Kong (Holdings) Ltd. (BOA Multiplier=513)

Full Rate

1,053

/lot

842

/lot

792

/lot

Spread Rate

316

/spread

252

/spread

238

/spread

China Construction Bank Corporation

Full Rate

402

/lot

321

/lot

303

/lot

Spread Rate

121

/spread

96

/spread

91

/spread

China Communications Construction Company Limited

Full Rate

868

/lot

694

/lot

653

/lot

Spread Rate

260

/spread

208

/spread

196

/spread

China Coal Energy Co. Ltd.

Full Rate

3,497

/lot

2,797

/lot

2,630

/lot

Spread Rate

1,049

/spread

839

/spread

789

/spread

China Cinda Asset Management Co., Ltd.

Full Rate

10,493

/lot

8,394

/lot

7,890

/lot

Spread Rate

3,152

/spread

2,521

/spread

2,370

/spread

CGN Power Co., Ltd.

Full Rate

7,953

/lot

6,362

/lot

5,980

/lot

Spread Rate

2,394

/spread

1,915

/spread

1,800

/spread

China Oilfield Services Ltd.

Full Rate

6,078

/lot

4,862

/lot

4,570

/lot

Spread Rate

1,835

/spread

1,468

/spread

1,380

/spread

China Hongqiao Group Ltd.

Full Rate

7,966

/lot

6,372

/lot

5,990

/lot

Spread Rate

2,394

/spread

1,915

/spread

1,800

/spread

China Mobile Ltd.

Full Rate

2,819

/lot

2,255

/lot

2,120

/lot

Spread Rate

845

/spread

676

/spread

636

/spread

China Unicom (Hong Kong) Limited

Full Rate

1,270

/lot

1,016

/lot

955

/lot

Spread Rate

381

/spread

304

/spread

287

/spread

CITIC Ltd.

Full Rate

728

/lot

582

/lot

548

/lot

Spread Rate

219

/spread

175

/spread

165

/spread

4

Page 4

CK Hutchison Holdings Ltd.

Full Rate

3,125

/lot

2,500

/lot

2,350

/lot

Spread Rate

937

/spread

749

/spread

705

/spread

China Life Insurance Company Ltd.

Full Rate

1,596

/lot

1,276

/lot

1,200

/lot

Spread Rate

478

/spread

382

/spread

360

/spread

CLP Holdings Ltd.

Full Rate

2,593

/lot

2,074

/lot

1,950

/lot

Spread Rate

778

/spread

622

/spread

585

/spread

China Merchants Bank Co., Ltd.

Full Rate

690

/lot

552

/lot

519

/lot

Spread Rate

207

/spread

165

/spread

156

/spread

CNOOC Ltd.

Full Rate

586

/lot

468

/lot

441

/lot

Spread Rate

176

/spread

140

/spread

133

/spread

Cathay Pacific Airways Ltd.

Full Rate

755

/lot

604

/lot

568

/lot

Spread Rate

227

/spread

181

/spread

171

/spread

China Petroleum & Chemical Corporation

Full Rate

770

/lot

616

/lot

579

/lot

Spread Rate

231

/spread

184

/spread

174

/spread

CRRC Corporation Ltd.

Full Rate

4,947

/lot

3,957

/lot

3,720

/lot

Spread Rate

1,489

/spread

1,191

/spread

1,120

/spread

CSOP FTSE China A50 ETF

Full Rate

3,817

/lot

3,053

/lot

2,870

/lot

Spread Rate

1,145

/spread

916

/spread

861

/spread

China Shenhua Energy Co. Ltd.

Full Rate

11,970

/lot

9,576

/lot

9,000

/lot

Spread Rate

3,591

/spread

2,872

/spread

2,700

/spread

China CITIC Bank Corporation Ltd.

Full Rate

6,916

/lot

5,532

/lot

5,200

/lot

Spread Rate

2,074

/spread

1,659

/spread

1,560

/spread

China Telecom Corporation Ltd.

Full Rate

477

/lot

381

/lot

359

/lot

Spread Rate

143

/spread

114

/spread

108

/spread

CITIC Securities Co. Ltd.

Full Rate

10,972

/lot

8,777

/lot

8,250

/lot

Spread Rate

3,298

/spread

2,638

/spread

2,480

/spread

China South City Holdings Ltd.

Full Rate

1,083

/lot

866

/lot

815

/lot

Spread Rate

325

/spread

260

/spread

245

/spread

Digital China Holdings Ltd.

Full Rate

3,298

/lot

2,638

/lot

2,480

/lot

Spread Rate

989

/spread

791

/spread

744

/spread

Esprit Holdings Ltd.

Full Rate

70

/lot

56

/lot

53

/lot

Spread Rate

21

/spread

16

/spread

16

/spread

China Evergrande Group

Full Rate

8,432

/lot

6,745

/lot

6,340

/lot

Spread Rate

2,540

/spread

2,032

/spread

1,910

/spread

HKEx - Hong Kong Exchanges and Clearing Ltd. published this content on 16 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 March 2017 10:18:15 UTC.

Original documenthttp://www.hkex.com.hk/eng/market/partcir/hkcc/2017/Documents/MC Circular 15 March 2017.pdf

Public permalinkhttp://www.publicnow.com/view/AA4C1C51CD7D29439330529B3F3CCBE1AC1AF02F