Hong Kong -derived trade sets a record for the third year

Hong Kong -derived trade scored a record for the third year in a row. Data from the Hong Kong Stock Exchange and the clearance business showed that more than 377 million contracts of futures and options have been distributed since January, a 14% increase compared to 2023. This increase came in conjunction with the arrival of indicators lying to the highest levels in October. China promised to revive its economy, which initially caused a wave of optimism among traders, but this enthusiasm quickly disappeared with the slow implementation of government procedures. The arrow aircraft increased significantly with the achievement of unprecedented levels, which increased the need for hedging. Some investors have used financial derivatives as a cautious tool to bet on the market, according to Frank Benzimra Strategic of “Societe General”. “In such a case, some investor opinions can be very much pronounced by the options market,” Benzimra said in a press release on Thursday. China’s economic motivational package, which includes interest rate cuts, liquidity for banks and shares support, has made a low value in Hong Kong and the most important justice among the best performance in the world during the year, before the optimism disappears to a rush to sale. Generally, the average daily inventory fluctuation by more than five in Hong Kong and China increased compared to 2023, according to data collected by “Bloomberg”. A momentum in the derivative market contributed to the strengthening of the local derivative market. As the end of the year approached, the amount of options trading in Hong Kong increased by 15% compared to 2023 to 209 million contracts to Friday, while volume futures increased by 13% to 168 million contracts, according to the Hong Kong stock exchange data. The stock exchange itself has strengthened its efforts to develop the market, as weekly options were launched on the “Hang Singh Technology” index in September, at 10 individual shares, including the shares of the HSBC Holdings PLC, and “Tintings Ltd” and “Ali Baba Holdings” (Tinth Holdings Ltd “and” Ali Baba Holda “group Holes Ltd), More than 10% of the total contract volume for most businesses. Week ends, is now more than half of this size. a higher rate than any previous year. In the United States, the CBOE volatility index and S&P 500 index in opposite trends in 80% of the period of monitoring the evaluation can be a warning indication when this does not happen. But in Asia, traders who searched high this year bought bullish options, which led to an increase in fluctuations, according to Louis Lee, the head of the multiple assets investment of China at BNP Paribas SA. These moves were particularly striking, as the demand for purchase contracts suddenly took place, after investors avoided Chinese shares for a few years. “In fact, it has created a problem in the balance of demand and supply in the light of fluctuations,” Wei said, and he expected more height in Hong Kong shares, adding: “If there is a height in shares, there will be a strong demand for investors on derivatives.”