HKEX adds 25 securities to designated securities list
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HKEX adds 25 securities to designated securities list 06 August 2018Hong Kong Reporter: Jenna Lomax
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The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has added 25 securities that will be eligible for short selling.
The changes of designated securities for short selling will take effect from 10 August.
In addition, 48 existing designated securities will be removed from the designated securities list.
The total number of designated securities for short selling will be 946 after the revision.
The news comes after HKEX announced the renewal of the contract of Charles Li Xiaojia, the association’s CEO in July.
Li Xiaojia’s new contract is to run from October 2018 to October 2021 and is subject to the written approval of the Securities and Futures Commission.
Li Xiaojia joined HKEX in 2009 and became the CEO and an executive director in January 2010.
The securities to be added to the list of designated securities and the securities to be removed from such list can be seen here.
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