Govt Hails Financial Partnership

The Government today welcomed the partnership between Hong Kong Exchanges & Clearing (HKEX) and MSCI to launch key index futures and options contracts in Hong Kong.

The partnership, which will launch a suite of 37 MSCI Asia & Emerging market equity index futures and options contracts to be introduced on the Hong Kong Futures Exchange (HKFE), will reinforce the city’s position as a premier risk management centre, the Government said.

It also signifies the market’s confidence in the Government’s commitment to strengthening Hong Kong’s position as an international financial centre.

Financial Secretary Paul Chan said MSCI, a globally recognized index provider, is a compelling partner for HKEX to expand product offerings in the Hong Kong market.

“The partnership is a big step forward in developing Hong Kong into a pre-eminent risk management centre and derivative hub in the Asia time zone, and represents a notable vote of confidence in the Hong Kong market.”

The exact launch dates will be announced by HKEX and HKFE in the future.