China’s Wild Markets Send Hong Kong Derivatives to Third Record Year
- Trading of futures and options on city’s bourse jumps 14%
- Equities turnover surged with volatility on China stimulus
The Exchange Square Complex, which houses the Hong Kong Stock Exchange in Hong Kong.
Photographer: Lam Yik/BloombergThis article is for subscribers only.
For a third year in a row, trading of derivatives in Hong Kong has hit a record.
More than 377 million futures and options have changed hands on the city’s bourse since January, up 14% from 2023, data from Hong Kong Exchanges and Clearing Ltd. show. That happened as stock-volatility gauges hit their highest levels in more than two years in October.