編號

Ref. No.:

DCRM/HKCC/104/2017

日期

Date:

26/05/2017

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 Thursday, 1 June 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

84,521

/lot

67,616

/lot

63,550

/lot

Spread Rate

16,957

/spread

13,565

/spread

12,750

/spread

Inter-Commodity Spread

Please refer to attachment 2

Mini - Hang Seng Index

Full Rate

16,904

/lot

13,523

/lot

12,710

/lot

Spread Rate

3,391

/spread

2,712

/spread

2,550

/spread

Inter-Commodity Spread

Please refer to attachment 2

Hang Seng China Enterprises Index

Full Rate

34,580

/lot

27,664

/lot

26,000

/lot

Spread Rate

10,374

/spread

8,299

/spread

7,800

/spread

Inter-Commodity Spread

Please refer to attachment 2

Mini - Hang Seng China Enterprises Index

Full Rate

6,916

/lot

5,532

/lot

5,200

/lot

Spread Rate

2,074

/spread

1,659

/spread

1,560

/spread

Inter-Commodity Spread

Please refer to attachment 2

CES China 120 Index

Full Rate

18,686

/lot

14,948

/lot

14,050

/lot

Spread Rate

5,612

/spread

4,489

/spread

4,220

/spread

HSCEI Dividend Point Index

Full Rate

2,101

/lot

1,680

/lot

1,580

/lot

Spread Rate

2,527

/spread

2,021

/spread

1,900

/spread

2

Page 2

HSI Dividend Point Index

Full Rate

4,588

/lot

3,670

/lot

3,450

/lot

Spread Rate

5,506

/spread

4,404

/spread

4,140

/spread

CES Gaming Top 10 Index

Full Rate

22,636

/lot

18,108

/lot

17,020

/lot

Spread Rate

6,796

/spread

5,436

/spread

5,110

/spread

Hang Seng IT Hardware Index

Full Rate

11,065

/lot

8,852

/lot

8,320

/lot

Spread Rate

3,325

/spread

2,660

/spread

2,500

/spread

Hang Seng Mainland Banks Index

Full Rate

9,270

/lot

7,416

/lot

6,970

/lot

Spread Rate

2,793

/spread

2,234

/spread

2,100

/spread

Hang Seng Mainland Healthcare Index

Full Rate

16,944

/lot

13,555

/lot

12,740

/lot

Spread Rate

5,093

/spread

4,074

/spread

3,830

/spread

Hang Seng Mainland Oil & Gas Index

Full Rate

5,399

/lot

4,319

/lot

4,060

/lot

Spread Rate

1,622

/spread

1,297

/spread

1,220

/spread

Hang Seng Mainland Properties Index

Full Rate

16,345

/lot

13,076

/lot

12,290

/lot

Spread Rate

4,907

/spread

3,925

/spread

3,690

/spread

Hang Seng Software & Service Index

Full Rate

27,664

/lot

22,131

/lot

20,800

/lot

Spread Rate

8,299

/spread

6,639

/spread

6,240

/spread

HSI Volatility Index

Full Rate

19,737

/lot

15,789

/lot

14,840

/lot

Spread Rate

5,931

/spread

4,744

/spread

4,460

/spread

IBOVESPA

Full Rate

36,947

/lot

29,557

/lot

27,780

/lot

Spread Rate

11,092

/spread

8,873

/spread

8,340

/spread

S&P BSE Sensex Index

Full Rate

20,428

/lot

16,342

/lot

15,360

/lot

Spread Rate

6,131

/spread

4,904

/spread

4,610

/spread

FTSE/JSE Top40 Index

Full Rate

32,199

/lot

25,759

/lot

24,210

/lot

Spread Rate

9,669

/spread

7,735

/spread

7,270

/spread

MICEX Index

Full Rate

23,501

/lot

18,800

/lot

17,670

/lot

Spread Rate

7,062

/spread

5,649

/spread

5,310

/spread

One-Month HIBOR

Full Rate

1,263

/lot

1,010

/lot

950

/lot

Spread Rate

Please refer to attachment 1

Three-Month HIBOR

Full Rate

1,423

/lot

1,138

/lot

1,070

/lot

Spread Rate

Please refer to attachment 1

iShares FTSE A50 China Index ETF

Full Rate

3,843

/lot

3,074

/lot

2,890

/lot

Spread Rate

1,153

/spread

922

/spread

867

/spread

Agricultural Bank of China Ltd.

Full Rate

12,169

/lot

9,735

/lot

9,150

/lot

Spread Rate

3,657

/spread

2,925

/spread

2,750

/spread

Aluminum Corporation of China Ltd.

Full Rate

743

/lot

594

/lot

559

/lot

Spread Rate

223

/spread

178

/spread

168

/spread

3

Page 3

Alibaba Pictures Group Ltd.

Full Rate

5,173

/lot

4,138

/lot

3,890

/lot

Spread Rate

1,556

/spread

1,244

/spread

1,170

/spread

China AMC CSI 300 Index ETF

Full Rate

5,240

/lot

4,192

/lot

3,940

/lot

Spread Rate

1,582

/spread

1,265

/spread

1,190

/spread

AviChina Industry & Technology Co. Ltd.

Full Rate

3,684

/lot

2,947

/lot

2,770

/lot

Spread Rate

1,105

/spread

884

/spread

831

/spread

Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd.

Full Rate

3,883

/lot

3,106

/lot

2,920

/lot

Spread Rate

1,165

/spread

932

/spread

876

/spread

Bank of China Ltd.

Full Rate

258

/lot

206

/lot

194

/lot

Spread Rate

78

/spread

62

/spread

59

/spread

Bank of Communications Co., Ltd.

Full Rate

375

/lot

300

/lot

282

/lot

Spread Rate

113

/spread

90

/spread

85

/spread

The Bank of East Asia, Ltd.

Full Rate

430

/lot

344

/lot

324

/lot

Spread Rate

130

/spread

104

/spread

98

/spread

BOC Hong Kong (Holdings) Ltd.

Full Rate

1,147

/lot

917

/lot

863

/lot

Spread Rate

344

/spread

275

/spread

259

/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

708

/lot

566

/lot

533

/lot

Spread Rate

212

/spread

169

/spread

160

/spread

China Coal Energy Co. Ltd.

Full Rate

3,218

/lot

2,574

/lot

2,420

/lot

Spread Rate

965

/spread

772

/spread

726

/spread

China Cinda Asset Management Co., Ltd.

Full Rate

9,682

/lot

7,745

/lot

7,280

/lot

Spread Rate

2,912

/spread

2,329

/spread

2,190

/spread

CGN Power Co., Ltd.

Full Rate

7,687

/lot

6,149

/lot

5,780

/lot

Spread Rate

2,314

/spread

1,851

/spread

1,740

/spread

China Oilfield Services Ltd.

Full Rate

5,479

/lot

4,383

/lot

4,120

/lot

Spread Rate

1,649

/spread

1,319

/spread

1,240

/spread

China Hongqiao Group Ltd.

Full Rate

7,634

/lot

6,107

/lot

5,740

/lot

Spread Rate

2,300

/spread

1,840

/spread

1,730

/spread

China Mobile Ltd.

Full Rate

2,872

/lot

2,297

/lot

2,160

/lot

Spread Rate

861

/spread

688

/spread

648

/spread

China Unicom (Hong Kong) Limited

Full Rate

1,795

/lot

1,436

/lot

1,350

/lot

Spread Rate

538

/spread

430

/spread

405

/spread

4

Page 4

CITIC Ltd.

Full Rate

805

/lot

644

/lot

606

/lot

Spread Rate

242

/spread

193

/spread

182

/spread

CK Hutchison Holdings Ltd.

Full Rate

3,351

/lot

2,680

/lot

2,520

/lot

Spread Rate

1,005

/spread

804

/spread

756

/spread

China Life Insurance Company Ltd.

Full Rate

1,662

/lot

1,329

/lot

1,250

/lot

Spread Rate

498

/spread

398

/spread

375

/spread

CLP Holdings Ltd.

Full Rate

2,739

/lot

2,191

/lot

2,060

/lot

Spread Rate

821

/spread

656

/spread

618

/spread

China Merchants Bank Co., Ltd.

Full Rate

750

/lot

600

/lot

564

/lot

Spread Rate

226

/spread

180

/spread

170

/spread

CNOOC Ltd.

Full Rate

609

/lot

487

/lot

458

/lot

Spread Rate

183

/spread

146

/spread

138

/spread

Cathay Pacific Airways Ltd.

Full Rate

763

/lot

610

/lot

574

/lot

Spread Rate

230

/spread

184

/spread

173

/spread

China Petroleum & Chemical Corporation

Full Rate

837

/lot

669

/lot

630

/lot

Spread Rate

251

/spread

200

/spread

189

/spread

CRRC Corporation Ltd.

Full Rate

4,774

/lot

3,819

/lot

3,590

/lot

Spread Rate

1,436

/spread

1,148

/spread

1,080

/spread

CSOP FTSE China A50 ETF

Full Rate

3,963

/lot

3,170

/lot

2,980

/lot

Spread Rate

1,189

/spread

951

/spread

894

/spread

China Shenhua Energy Co. Ltd.

Full Rate

13,579

/lot

10,863

/lot

10,210

/lot

Spread Rate

4,083

/spread

3,266

/spread

3,070

/spread

China CITIC Bank Corporation Ltd.

Full Rate

6,410

/lot

5,128

/lot

4,820

/lot

Spread Rate

1,928

/spread

1,542

/spread

1,450

/spread

China Telecom Corporation Ltd.

Full Rate

497

/lot

397

/lot

374

/lot

Spread Rate

150

/spread

120

/spread

113

/spread

CITIC Securities Co. Ltd.

Full Rate

10,480

/lot

8,384

/lot

7,880

/lot

Spread Rate

3,152

/spread

2,521

/spread

2,370

/spread

China South City Holdings Ltd.

Full Rate

1,044

/lot

835

/lot

785

/lot

Spread Rate

313

/spread

250

/spread

236

/spread

Digital China Holdings Ltd.

Full Rate

2,713

/lot

2,170

/lot

2,040

/lot

Spread Rate

813

/spread

650

/spread

612

/spread

Esprit Holdings Ltd.

Full Rate

47

/lot

37

/lot

36

/lot

Spread Rate

14

/spread

11

/spread

11

/spread

China Evergrande Group

Full Rate

27,238

/lot

21,790

/lot

20,480

/lot

Spread Rate

8,179

/spread

6,543

/spread

6,150

/spread

HKEx - Hong Kong Exchanges and Clearing Ltd. published this content on 26 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 May 2017 15:01:16 UTC.

Original documenthttp://www.hkex.com.hk/eng/market/partcir/hkcc/2017/Documents/MC Circular 26 May 2017 (with CA).pdf

Public permalinkhttp://www.publicnow.com/view/731DD2E02B0900E72D39B9F56731BDA4A3DA9307