The Hang Seng Index futures contract was launched as early as May 1986, with a contract multiplier of 50 points, and can be bought and sold only by paying a deposit of about 20% of the total contract value. The contract months of Hang Seng Index are the current month, the next month and the next two quarters. So, what are the trading rules of Hang Seng ETF?

Trading rules of Hang Seng ETF:

The Hang Seng Index has four sub-indices, namely, the Hang Seng Financial Sub-index, the Hang Seng Public Utilities Sub-index, the Hang Seng Real Estate Sub-index and the Hang Seng Industrial and Commercial Sub-index. If the subscription threshold of etf index funds in the primary market is relatively high, at least the number of stock subscriptions is 6,543,800+100,000. If it is a small and medium-sized investor, it has to be traded in the secondary market. The transaction cost is low and there is no stamp duty. The minimum transaction unit is 100 copies.

T+0 trading mode is adopted for specific transactions, which can be sold in the secondary market without waiting for the account arrival date after successful subscription in the primary market; Similarly, after buying in the secondary market, it can be redeemed in the primary market or completed on the same day. It should be noted that such funds cannot be bought on the same day in the same market and sold on the same day, and must be carried out in different markets.

Generally speaking, Hang Seng ETF can be traded in the secondary market, and can also be purchased and redeemed, but the purchase and redemption must be in the form of portfolio securities. At the same time, the Hang Seng Index has the last trading day, so investors need to pay special attention. If any index component of Hang Seng Index is suspended for one month in a row, it will be removed from the index.