HKEX lists first A-share structured products

The derivative warrants are based on the MSCI China A 50 Connect Index.

The Hong Kong Exchanges and Clearing Limited (HKEX) has welcomed the listing of its first A-share structured products, the MSCI China A 50 Connect Index Derivatives Warrants.

According to the local bourse, the new derivative warrants are based on the  MSCI China A 50 Connect Index, “a sector-balanced index that selects 50 names from among the largest stocks listed in Shanghai and Shenzhen available via Stock Connect.”

The listing of the new derivative warrants is HKEX’s latest milestone in expanding Hong Kong’s A-share ecosystem further. 

In October 2021, HKEX launched its first A-share index futures contract, which was followed by the listing of the first Exchange Traded Funds (ETFs) to track the MSCI China A 50 Connect Index in December.

Hong Kong is the world's most actively-traded listed structured products market, with over 11,900 listed products as of the end of July.

In the first seven months of 2022, the average daily turnover of HKEX’s structured products market was $17.9 billion, accounting for about 13.4% of the cash market during the period.