The Margin of Stock Futures | |||
Effective 2 Jun 2025 | |||
*As the margin charges are subject to change by HKFE from time to time, the above margin table is for reference only. | |||
The margin requirements is below table may be slightly different from the HKFE's due to rounding. | |||
Product | Client Margin | ||
Initial | Maintenance | ||
(HK$) | (HK$) | ||
iShares FTSE A50 China Index ETF Futures | Full
Rate (per lot) |
4,748 | 3,798 |
Spread Rate (/lot/side) |
1,436 | 1,148 | |
AAC Technologies Holdings Ltd. Futures | Full
Rate (per lot) |
8,458 | 6,766 |
Spread Rate (/lot/side) |
2,540 | 2,032 | |
Agricultural Bank of China Ltd.Futures | Full
Rate (per lot) |
3,551 | 2,840 |
Spread Rate (/lot/side) |
1,065 | 852 | |
Anhui Conch Cement Co. Ltd. Futures | Full
Rate (per lot) |
972 | 777 |
Spread Rate (/lot/side) |
292 | 233 | |
AIA Group Limited Futures | Full
Rate (per lot) |
6,756 | 5,404 |
Spread Rate (/lot/side) |
2,034 | 1,627 | |
Alibaba Group Holding Ltd. Futures | Full
Rate (per lot) |
9,695 | 7,756 |
Spread Rate (/lot/side) |
2,912 | 2,329 | |
Aluminum Corporation of China Ltd. Futures | Full
Rate (per lot) |
1,324 | 1,059 |
Spread Rate (/lot/side) |
397 | 317 | |
Alibaba Health Information Technology Ltd. Futures | Full
Rate (per lot) |
1,808 | 1,446 |
Spread Rate (/lot/side) |
542 | 433 | |
China AMC CSI 300 Index ETF Futures | Full
Rate (per lot) |
5,812 | 4,649 |
Spread Rate (/lot/side) |
1,755 | 1,404 | |
Bank of China Ltd. Futures | Full
Rate (per lot) |
351 | 280 |
Spread Rate (/lot/side) |
106 | 84 | |
Bank of Communications Co., Ltd. Futures | Full
Rate (per lot) |
472 | 377 |
Spread Rate (/lot/side) |
142 | 113 | |
The Bank of East Asia, Ltd. Futures | Full
Rate (per lot) |
174 | 139 |
Spread Rate (/lot/side) |
53 | 42 | |
Baidu, Inc. Futures | Full
Rate (per lot) |
1,808 | 1,446 |
Spread Rate (/lot/side) |
542 | 433 | |
Bilibili Inc. Futures | Full
Rate (per lot) |
1,556 | 1,244 |
Spread Rate (/lot/side) |
466 | 372 | |
BOC Hong Kong (Holdings) Ltd Futures | Full
Rate (per lot) |
1,147 | 917 |
Spread Rate (/lot/side) |
344 | 275 | |
Budweiser Brewing Company APAC Limited Futures | Full
Rate (per lot) |
915 | 732 |
Spread Rate (/lot/side) |
275 | 220 | |
BYD Company Limited Futures | Full
Rate (per lot) |
32,452 | 25,961 |
Spread Rate (/lot/side) |
9,735 | 7,788 | |
BYD Electronic International Company Limited Futures | Full
Rate (per lot) |
8,565 | 6,852 |
Spread Rate (/lot/side) |
2,580 | 2,064 | |
China Construction Bank Corporation Futures | Full
Rate (per lot) |
509 | 407 |
Spread Rate (/lot/side) |
152 | 121 | |
China Communications Construction Company Limited Futures | Full
Rate (per lot) |
360 | 288 |
Spread Rate (/lot/side) |
109 | 87 | |
China Coal Energy Co. Ltd. Futures | Full
Rate (per lot) |
795 | 636 |
Spread Rate (/lot/side) |
239 | 191 | |
China Cinda Asset Management Co., Ltd. Futures | Full
Rate (per lot) |
714 | 571 |
Spread Rate (/lot/side) |
215 | 172 | |
CGN Power Co., Ltd. Futures | Full
Rate (per lot) |
1,702 | 1,361 |
Spread Rate (/lot/side) |
510 | 408 | |
China Mobile Ltd. Futures | Full
Rate (per lot) |
2,886 | 2,308 |
Spread Rate (/lot/side) |
865 | 692 | |
China Unicom (Hong Kong) Limited Futures |
Full
Rate (per lot) |
2,247 | 1,797 |
Spread Rate (/lot/side) |
674 | 539 | |
CITIC Ltd .Futures | Full
Rate (per lot) |
872 | 697 |
Spread Rate (/lot/side) |
262 | 209 | |
CK Hutchison Holdings Ltd. Futures | Full
Rate (per lot) |
2,234 | 1,787 |
Spread Rate (/lot/side) |
670 | 536 | |
China Life Insurance Company Ltd. Futures | Full
Rate (per lot) |
1,941 | 1,552 |
Spread Rate (/lot/side) |
582 | 465 | |
CLP Holdings Ltd. Futures | Full
Rate (per lot) |
2,221 | 1,776 |
Spread Rate (/lot/side) |
666 | 532 | |
China Merchants Bank Co., Ltd. Futures | Full
Rate (per lot) |
2,221 | 1,776 |
Spread Rate (/lot/side) |
666 | 532 | |
CNOOC Ltd. Futures | Full
Rate (per lot) |
1,755 | 1,404 |
Spread Rate (/lot/side) |
526 | 420 | |
Country Garden Holdings Co. Ltd Futures | Full
Rate (per lot) |
489 | 391 |
Spread Rate (/lot/side) |
147 | 117 | |
China Overseas Land & Investment Ltd. Futures | Full
Rate (per lot) |
2,367 | 1,893 |
Spread Rate (/lot/side) |
710 | 569 | |
COSCO Shipping Holdings Co., Ltd. Futures | Full
Rate (per lot) |
4,375 | 3,500 |
Spread Rate (/lot/side) |
1,312 | 1,049 | |
China Petroleum & Chemical Corporation Futures | Full
Rate (per lot) |
538 | 430 |
Spread Rate (/lot/side) |
162 | 129 | |
China Pacific Insurance (Group) Co., Ltd. Futures | Full
Rate (per lot) |
3,338 | 2,670 |
Spread Rate (/lot/side) |
1,001 | 800 | |
CSOP FTSE China A50 ETF Futures | Full
Rate (per lot) |
4,588 | 3,670 |
Spread Rate (/lot/side) |
1,383 | 1,106 | |
China Shenhua Energy Co. Ltd.Futures | Full
Rate (per lot) |
1,243 | 994 |
Spread Rate (/lot/side) |
373 | 298 | |
China CITIC Bank Corporation Ltd. Futures | Full
Rate (per lot) |
9,283 | 7,426 |
Spread Rate (/lot/side) |
2,793 | 2,234 | |
China Telecom Corporation Ltd. Futures | Full
Rate (per lot) |
1,093 | 874 |
Spread Rate (/lot/side) |
328 | 262 | |
CITIC Securities Co. Ltd. Futures | Full
Rate (per lot) |
2,673 | 2,138 |
Spread Rate (/lot/side) |
801 | 640 | |
Guangzhou Automobile Group Co., Ltd. Futures | Full
Rate (per lot) |
1,298 | 1,038 |
Spread Rate (/lot/side) |
389 | 311 | |
Geely Automobile Holdings Ltd. Futures | Full
Rate (per lot) |
14,616 | 11,692 |
Spread Rate (/lot/side) |
4,389 | 3,511 | |
Xinyi Glass Holdings Limited Futures | Full
Rate (per lot) |
1,343 | 1,074 |
Spread Rate (/lot/side) |
402 | 321 | |
Ganfeng Lithium Group Co., Ltd. Futures | Full
Rate (per lot) |
704 | 563 |
Spread Rate (/lot/side) |
211 | 168 | |
Galaxy Entertainment Group Ltd. Futures | Full
Rate (per lot) |
3,112 | 2,489 |
Spread Rate (/lot/side) |
933 | 746 | |
Great Wall Motor Co. Ltd. Futures | Full
Rate (per lot) |
18,925 | 15,140 |
Spread Rate (/lot/side) |
5,679 | 4,543 | |
Guotai Haitong Securities Co. Ltd. Futures | Full
Rate (per lot) |
12,342 | 9,873 |
Spread Rate (/lot/side) |
3,710 | 2,968 | |
Hang Seng China Enterprises Index ETF Futures | Full
Rate (per lot) |
41,868 | 33,494 |
Spread Rate (/lot/side) |
12,568 | 10,054 | |
Haidilao International Holding Limited
Futures |
Full
Rate (per lot) |
2,034 | 1,627 |
Spread Rate (/lot/side) |
610 | 488 | |
Power Assets Holdings Limited Futures | Full
Rate (per lot) |
1,675 | 1,340 |
Spread Rate (/lot/side) |
502 | 401 | |
Hong Kong Exchanges and Clearing Ltd. Futures | Full
Rate (per lot) |
4,069 | 3,255 |
Spread Rate (/lot/side) |
1,220 | 976 | |
HSBC Holdings Plc. Futures (HKB Multiplier = 400) |
Full
Rate (per lot) |
3,511 | 2,808 |
Spread Rate (/lot/side) |
1,053 | 842 | |
The Hong Kong and China Gas Co. Ltd. Futures | Full
Rate (per lot) |
464 | 371 |
Spread Rate (/lot/side) |
139 | 111 | |
Henderson Land Development Co. Ltd. Futures | Full
Rate (per lot) |
1,808 | 1,446 |
Spread Rate (/lot/side) |
542 | 433 | |
Huaneng Power International, Inc. Futures | Full
Rate (per lot) |
646 | 516 |
Spread Rate (/lot/side) |
194 | 155 | |
Hang Seng Bank Ltd. Futures | Full
Rate (per lot) |
735 | 588 |
Spread Rate (/lot/side) |
220 | 176 | |
Industrial and Commercial Bank of China Limited Futures | Full
Rate (per lot) |
379 | 303 |
Spread Rate (/lot/side) |
114 | 91 | |
JD.com, Inc. Futures | Full
Rate (per lot) |
11,597 | 9,277 |
Spread Rate (/lot/side) |
3,484 | 2,787 | |
JD Health International Inc. Futures | Full
Rate (per lot) |
2,766 | 2,212 |
Spread Rate (/lot/side) |
829 | 663 | |
Kingdee International Software Group Co., Ltd. Futures | Full
Rate (per lot) |
5,213 | 4,170 |
Spread Rate (/lot/side) |
1,569 | 1,255 | |
Kingsoft Corporation Ltd. Futures | Full
Rate (per lot) |
4,721 | 3,776 |
Spread Rate (/lot/side) |
1,423 | 1,138 | |
Kuaishou Technology Futures | Full
Rate (per lot) |
4,508 | 3,606 |
Spread Rate (/lot/side) |
1,356 | 1,084 | |
Li Auto Inc. Futures | Full
Rate (per lot) |
3,617 | 2,893 |
Spread Rate (/lot/side) |
1,085 | 868 | |
Li Ning Company Limited Futures | Full
Rate (per lot) |
905 | 724 |
Spread Rate (/lot/side) |
272 | 217 | |
Link Real Estate Investment Trust Futures |
Full
Rate (per lot) |
3,059 | 2,447 |
Spread Rate (/lot/side) |
917 | 733 | |
Meituan Futures | Full
Rate (per lot) |
11,358 | 9,086 |
Spread Rate (/lot/side) |
3,418 | 2,734 | |
XiaoMi Corporation Futures | Full
Rate (per lot) |
8,778 | 7,022 |
Spread Rate (/lot/side) |
2,633 | 2,106 | |
China Molybdenum Co., Ltd. Futures | Full
Rate (per lot) |
9,615 | 7,692 |
Spread Rate (/lot/side) |
2,886 | 2,308 | |
China Minsheng Banking Corp., Ltd. Futures | Full
Rate (per lot) |
2,872 | 2,297 |
Spread Rate (/lot/side) |
861 | 688 | |
MTR Corporation Ltd. Futures | Full
Rate (per lot) |
877 | 701 |
Spread Rate (/lot/side) |
263 | 210 | |
New China Life Insurance Co. Ltd. Futures | Full
Rate (per lot) |
4,428 | 3,542 |
Spread Rate (/lot/side) |
1,328 | 1,062 | |
Nongfu Spring Company Limited Futures | Full
Rate (per lot) |
3,910 | 3,128 |
Spread Rate (/lot/side) |
1,173 | 938 | |
NetEase, Inc Futures |
Full
Rate (per lot) |
13,978 | 11,182 |
Spread Rate (/lot/side) |
4,202 | 3,361 | |
New World Development Co. Ltd. Futures |
Full
Rate (per lot) |
706 | 564 |
Spread Rate (/lot/side) |
212 | 169 | |
Ping An Insurance (Group) Co. of China, Ltd. Futures | Full
Rate (per lot) |
2,433 | 1,946 |
Spread Rate (/lot/side) |
730 | 584 | |
PetroChina Co. Ltd. Futures | Full
Rate (per lot) |
1,268 | 1,014 |
Spread Rate (/lot/side) |
381 | 304 | |
XPeng Inc. Futures | Full
Rate (per lot) |
3,298 | 2,638 |
Spread Rate (/lot/side) |
989 | 791 | |
Ping An Healthcare and Technology Ltd. Futures | Full
Rate (per lot) |
476 | 380 |
Spread Rate (/lot/side) |
143 | 114 | |
Ping An Healthcare and Technology Ltd. (Capital Adjusted) | Full
Rate (per lot) |
1,337 | 1,069 |
Spread Rate (/lot/side) |
402 | 321 | |
PICC Property and Casualty Company Limited Futures | Full
Rate (per lot) |
2,992 | 2,393 |
Spread Rate (/lot/side) |
897 | 717 | |
Sands China Ltd. Futures | Full
Rate (per lot) |
714 | 571 |
Spread Rate (/lot/side) |
215 | 172 | |
Sun Hung Kai Properties Ltd. Futures | Full
Rate (per lot) |
5,426 | 4,340 |
Spread Rate (/lot/side) |
1,635 | 1,308 | |
Xinyi Solar Holdings Ltd. Futures | Full
Rate (per lot) |
885 | 708 |
Spread Rate (/lot/side) |
266 | 212 | |
Semiconductor Manufacturing International Corporation Futures | Full
Rate (per lot) |
19,285 | 15,428 |
Spread Rate (/lot/side) |
5,785 | 4,628 | |
Sunny Optical Technology (Group) Co. Ltd. Futures | Full
Rate (per lot) |
14,536 | 11,628 |
Spread Rate (/lot/side) |
4,362 | 3,489 | |
Sunac China Holdings Ltd. Futures | Full
Rate (per lot) |
591 | 472 |
Spread Rate (/lot/side) |
178 | 142 | |
Swire Pacific Ltd. "A"
Futures |
Full
Rate (per lot) |
2,287 | 1,829 |
Spread Rate (/lot/side) |
686 | 548 | |
Tencent Holdings Ltd.
Futures |
Full
Rate (per lot) |
5,333 | 4,266 |
Spread Rate (/lot/side) |
1,609 | 1,287 | |
Tracker Fund of Hong Kong Futures | Full
Rate (per lot) |
105,296 | 84,236 |
Spread Rate (/lot/side) |
31,600 | 25,280 | |
Trip.com Group Limited Futures | Full
Rate (per lot) |
9,868 | 7,894 |
Spread Rate (/lot/side) |
2,965 | 2,372 | |
China Tower Corporation Limited Futures | Full
Rate (per lot) |
809 | 647 |
Spread Rate (/lot/side) |
243 | 194 | |
China Tower Corporation Limited (Capital Adjusted) | Full
Rate (per lot) |
809 | 647 |
Spread Rate (/lot/side) |
243 | 194 | |
Weibo Corporation Futures |
Full
Rate (per lot) |
924 | 739 |
Spread Rate (/lot/side) |
277 | 221 | |
The Wharf (Holdings) Ltd. Futures | Full
Rate (per lot) |
1,702 | 1,361 |
Spread Rate (/lot/side) |
510 | 408 | |
WuXi Biologics (Cayman) Inc. Futures | Full
Rate (per lot) |
2,367 | 1,893 |
Spread Rate (/lot/side) |
710 | 568 | |
Yankuang Energy Group Company
Limited Futures |
Full
Rate (per lot) |
1,556 | 1,244 |
Spread Rate (/lot/side) |
466 | 372 | |
ZhongAn Online P & C Insurance Company Limited Futures | Full
Rate (per lot) |
1,862 | 1,489 |
Spread Rate (/lot/side) |
558 | 446 | |
Zijin Mining Group Co., Ltd. Futures | Full
Rate (per lot) |
4,655 | 3,724 |
Spread Rate (/lot/side) |
1,396 | 1,116 |