The Margin of Stock Futures | |||
Effective 2 May 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) |
6,131 | 4,904 |
Spread Rate (/lot/side) |
1,848 | 1,478 | |
AAC Technologies Holdings Ltd. Futures | Full
Rate (per lot) |
10,320 | 8,256 |
Spread Rate (/lot/side) |
3,098 | 2,478 | |
Agricultural Bank of China Ltd.Futures | Full
Rate (per lot) |
4,482 | 3,585 |
Spread Rate (/lot/side) |
1,356 | 1,084 | |
Anhui Conch Cement Co. Ltd. Futures | Full
Rate (per lot) |
1,356 | 1,084 |
Spread Rate (/lot/side) |
406 | 324 | |
AIA Group Limited Futures | Full
Rate (per lot) |
7,315 | 5,852 |
Spread Rate (/lot/side) |
2,194 | 1,755 | |
Alibaba Group Holding Ltd. Futures | Full
Rate (per lot) |
11,983 | 9,586 |
Spread Rate (/lot/side) |
3,604 | 2,883 | |
Aluminum Corporation of China Ltd. Futures | Full
Rate (per lot) |
1,689 | 1,351 |
Spread Rate (/lot/side) |
506 | 404 | |
Alibaba Health Information Technology Ltd. Futures | Full
Rate (per lot) |
2,114 | 1,691 |
Spread Rate (/lot/side) |
634 | 507 | |
China AMC CSI 300 Index ETF Futures | Full
Rate (per lot) |
7,700 | 6,160 |
Spread Rate (/lot/side) |
2,314 | 1,851 | |
Bank of China Ltd. Futures | Full
Rate (per lot) |
462 | 369 |
Spread Rate (/lot/side) |
139 | 111 | |
Bank of Communications Co., Ltd. Futures | Full
Rate (per lot) |
517 | 413 |
Spread Rate (/lot/side) |
155 | 124 | |
The Bank of East Asia, Ltd. Futures | Full
Rate (per lot) |
236 | 188 |
Spread Rate (/lot/side) |
71 | 56 | |
Baidu, Inc. Futures | Full
Rate (per lot) |
2,247 | 1,797 |
Spread Rate (/lot/side) |
674 | 539 | |
Bilibili Inc. Futures | Full
Rate (per lot) |
1,995 | 1,596 |
Spread Rate (/lot/side) |
598 | 478 | |
BOC Hong Kong (Holdings) Ltd Futures | Full
Rate (per lot) |
1,369 | 1,095 |
Spread Rate (/lot/side) |
410 | 328 | |
Budweiser Brewing Company APAC Limited Futures | Full
Rate (per lot) |
1,087 | 869 |
Spread Rate (/lot/side) |
327 | 261 | |
BYD Company Limited Futures | Full
Rate (per lot) |
36,375 | 29,100 |
Spread Rate (/lot/side) |
10,919 | 8,735 | |
BYD Electronic International Company Limited Futures | Full
Rate (per lot) |
10,360 | 8,288 |
Spread Rate (/lot/side) |
3,112 | 2,489 | |
China Construction Bank Corporation Futures | Full
Rate (per lot) |
642 | 513 |
Spread Rate (/lot/side) |
192 | 153 | |
China Communications Construction Company Limited Futures | Full
Rate (per lot) |
526 | 420 |
Spread Rate (/lot/side) |
158 | 126 | |
China Coal Energy Co. Ltd. Futures | Full
Rate (per lot) |
891 | 712 |
Spread Rate (/lot/side) |
267 | 213 | |
China Cinda Asset Management Co., Ltd. Futures | Full
Rate (per lot) |
1,001 | 800 |
Spread Rate (/lot/side) |
300 | 240 | |
CGN Power Co., Ltd. Futures | Full
Rate (per lot) |
1,968 | 1,574 |
Spread Rate (/lot/side) |
590 | 472 | |
China Mobile Ltd. Futures | Full
Rate (per lot) |
2,713 | 2,170 |
Spread Rate (/lot/side) |
813 | 650 | |
China Unicom (Hong Kong) Limited Futures |
Full
Rate (per lot) |
2,806 | 2,244 |
Spread Rate (/lot/side) |
841 | 672 | |
CITIC Ltd .Futures | Full
Rate (per lot) |
1,134 | 907 |
Spread Rate (/lot/side) |
340 | 272 | |
CK Hutchison Holdings Ltd. Futures | Full
Rate (per lot) |
3,192 | 2,553 |
Spread Rate (/lot/side) |
957 | 765 | |
China Life Insurance Company Ltd. Futures | Full
Rate (per lot) |
2,380 | 1,904 |
Spread Rate (/lot/side) |
714 | 571 | |
CLP Holdings Ltd. Futures | Full
Rate (per lot) |
2,181 | 1,744 |
Spread Rate (/lot/side) |
654 | 523 | |
China Merchants Bank Co., Ltd. Futures | Full
Rate (per lot) |
2,433 | 1,946 |
Spread Rate (/lot/side) |
730 | 584 | |
CNOOC Ltd. Futures | Full
Rate (per lot) |
2,420 | 1,936 |
Spread Rate (/lot/side) |
726 | 580 | |
Country Garden Holdings Co. Ltd Futures | Full
Rate (per lot) |
543 | 434 |
Spread Rate (/lot/side) |
163 | 130 | |
China Overseas Land & Investment Ltd. Futures | Full
Rate (per lot) |
3,072 | 2,457 |
Spread Rate (/lot/side) |
921 | 736 | |
COSCO Shipping Holdings Co., Ltd. Futures | Full
Rate (per lot) |
4,482 | 3,585 |
Spread Rate (/lot/side) |
1,356 | 1,084 | |
China Petroleum & Chemical Corporation Futures | Full
Rate (per lot) |
618 | 494 |
Spread Rate (/lot/side) |
186 | 148 | |
China Pacific Insurance (Group) Co., Ltd. Futures | Full
Rate (per lot) |
4,269 | 3,415 |
Spread Rate (/lot/side) |
1,280 | 1,024 | |
CSOP FTSE China A50 ETF Futures | Full
Rate (per lot) |
5,905 | 4,724 |
Spread Rate (/lot/side) |
1,782 | 1,425 | |
China Shenhua Energy Co. Ltd.Futures | Full
Rate (per lot) |
1,330 | 1,064 |
Spread Rate (/lot/side) |
399 | 319 | |
China CITIC Bank Corporation Ltd. Futures | Full
Rate (per lot) |
11,318 | 9,054 |
Spread Rate (/lot/side) |
3,404 | 2,723 | |
China Telecom Corporation Ltd. Futures | Full
Rate (per lot) |
1,556 | 1,244 |
Spread Rate (/lot/side) |
466 | 372 | |
CITIC Securities Co. Ltd. Futures | Full
Rate (per lot) |
3,431 | 2,744 |
Spread Rate (/lot/side) |
1,029 | 823 | |
Guangzhou Automobile Group Co., Ltd. Futures | Full
Rate (per lot) |
1,835 | 1,468 |
Spread Rate (/lot/side) |
550 | 440 | |
China Evergrande Group. Future | Full
Rate (per lot) |
168 | 134 |
Spread Rate (/lot/side) |
51 | 40 | |
Geely Automobile Holdings Ltd. Futures | Full
Rate (per lot) |
18,247 | 14,597 |
Spread Rate (/lot/side) |
5,479 | 4,383 | |
Xinyi Glass Holdings Limited Futures | Full
Rate (per lot) |
1,862 | 1,489 |
Spread Rate (/lot/side) |
558 | 446 | |
Ganfeng Lithium Group Co., Ltd. Futures | Full
Rate (per lot) |
679 | 543 |
Spread Rate (/lot/side) |
204 | 163 | |
Galaxy Entertainment Group Ltd. Futures | Full
Rate (per lot) |
4,069 | 3,255 |
Spread Rate (/lot/side) |
1,220 | 976 | |
Great Wall Motor Co. Ltd. Futures | Full
Rate (per lot) |
25,349 | 20,279 |
Spread Rate (/lot/side) |
7,607 | 6,085 | |
Guotai Junan Securities Co. Ltd. Futures | Full
Rate (per lot) |
16,891 | 13,512 |
Spread Rate (/lot/side) |
5,067 | 4,053 | |
Hang Seng China Enterprises Index ETF Futures | Full
Rate (per lot) |
55,793 | 44,634 |
Spread Rate (/lot/side) |
16,744 | 13,395 | |
Haidilao International Holding Limited
Futures |
Full
Rate (per lot) |
2,673 | 2,138 |
Spread Rate (/lot/side) |
801 | 640 | |
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) |
5,000 | 4,000 |
Spread Rate (/lot/side) |
1,502 | 1,201 | |
HSBC Holdings Plc. Futures (HKB Multiplier = 400) |
Full
Rate (per lot) |
4,748 | 3,798 |
Spread Rate (/lot/side) |
1,436 | 1,148 | |
The Hong Kong and China Gas Co. Ltd. Futures | Full
Rate (per lot) |
466 | 372 |
Spread Rate (/lot/side) |
140 | 112 | |
Henderson Land Development Co. Ltd. Futures | Full
Rate (per lot) |
1,782 | 1,425 |
Spread Rate (/lot/side) |
534 | 427 | |
Huaneng Power International, Inc. Futures | Full
Rate (per lot) |
754 | 603 |
Spread Rate (/lot/side) |
227 | 181 | |
Hang Seng Bank Ltd. Futures | Full
Rate (per lot) |
880 | 704 |
Spread Rate (/lot/side) |
264 | 211 | |
Industrial and Commercial Bank of China Limited Futures | Full
Rate (per lot) |
436 | 348 |
Spread Rate (/lot/side) |
131 | 104 | |
JD.com, Inc. Futures | Full
Rate (per lot) |
15,095 | 12,076 |
Spread Rate (/lot/side) |
4,535 | 3,628 | |
JD Health International Inc. Futures | Full
Rate (per lot) |
3,391 | 2,712 |
Spread Rate (/lot/side) |
1,017 | 813 | |
Kingdee International Software Group Co., Ltd. Futures | Full
Rate (per lot) |
6,836 | 5,468 |
Spread Rate (/lot/side) |
2,061 | 1,648 | |
Kingsoft Corporation Ltd. Futures | Full
Rate (per lot) |
4,907 | 3,925 |
Spread Rate (/lot/side) |
1,476 | 1,180 | |
Kuaishou Technology Futures | Full
Rate (per lot) |
5,931 | 4,744 |
Spread Rate (/lot/side) |
1,782 | 1,425 | |
Li Auto Inc. Futures | Full
Rate (per lot) |
4,189 | 3,351 |
Spread Rate (/lot/side) |
1,256 | 1,004 | |
Li Ning Company Limited Futures | Full
Rate (per lot) |
1,119 | 895 |
Spread Rate (/lot/side) |
336 | 268 | |
Link Real Estate Investment Trust Futures |
Full
Rate (per lot) |
2,766 | 2,212 |
Spread Rate (/lot/side) |
829 | 663 | |
Meituan Futures | Full
Rate (per lot) |
15,201 | 12,160 |
Spread Rate (/lot/side) |
4,561 | 3,648 | |
XiaoMi Corporation Futures | Full
Rate (per lot) |
11,012 | 8,809 |
Spread Rate (/lot/side) |
3,311 | 2,648 | |
China Molybdenum Co., Ltd. Futures | Full
Rate (per lot) |
12,515 | 10,012 |
Spread Rate (/lot/side) |
3,763 | 3,010 | |
China Minsheng Banking Corp., Ltd. Futures | Full
Rate (per lot) |
3,577 | 2,861 |
Spread Rate (/lot/side) |
1,073 | 858 | |
MTR Corporation Ltd. Futures | Full
Rate (per lot) |
879 | 703 |
Spread Rate (/lot/side) |
264 | 211 | |
New China Life Insurance Co. Ltd. Futures | Full
Rate (per lot) |
5,519 | 4,415 |
Spread Rate (/lot/side) |
1,662 | 1,329 | |
Nongfu Spring Company Limited Futures | Full
Rate (per lot) |
4,508 | 3,606 |
Spread Rate (/lot/side) |
1,356 | 1,084 | |
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) |
819 | 655 |
Spread Rate (/lot/side) |
246 | 196 | |
Ping An Insurance (Group) Co. of China, Ltd. Futures | Full
Rate (per lot) |
3,098 | 2,478 |
Spread Rate (/lot/side) |
929 | 743 | |
PetroChina Co. Ltd. Futures | Full
Rate (per lot) |
1,675 | 1,340 |
Spread Rate (/lot/side) |
502 | 401 | |
XPeng Inc. Futures | Full
Rate (per lot) |
4,003 | 3,202 |
Spread Rate (/lot/side) |
1,200 | 960 | |
Ping An Healthcare and Technology Ltd. Futures | Full
Rate (per lot) |
619 | 495 |
Spread Rate (/lot/side) |
186 | 148 | |
Ping An Healthcare and Technology Ltd. (Capital Adjusted) | Full
Rate (per lot) |
1,740 | 1,392 |
Spread Rate (/lot/side) |
522 | 417 | |
PICC Property and Casualty Company Limited Futures | Full
Rate (per lot) |
3,737 | 2,989 |
Spread Rate (/lot/side) |
1,121 | 896 | |
Sands China Ltd. Futures | Full
Rate (per lot) |
934 | 747 |
Spread Rate (/lot/side) |
280 | 224 | |
Sun Hung Kai Properties Ltd. Futures | Full
Rate (per lot) |
5,399 | 4,319 |
Spread Rate (/lot/side) |
1,622 | 1,297 | |
Xinyi Solar Holdings Ltd. Futures | Full
Rate (per lot) |
1,220 | 976 |
Spread Rate (/lot/side) |
367 | 293 | |
Semiconductor Manufacturing International Corporation Futures | Full
Rate (per lot) |
25,669 | 20,535 |
Spread Rate (/lot/side) |
7,700 | 6,160 | |
Sunny Optical Technology (Group) Co. Ltd. Futures | Full
Rate (per lot) |
16,465 | 13,172 |
Spread Rate (/lot/side) |
4,947 | 3,957 | |
Sunac China Holdings Ltd. Futures | Full
Rate (per lot) |
831 | 664 |
Spread Rate (/lot/side) |
250 | 200 | |
Swire Pacific Ltd. "A"
Futures |
Full
Rate (per lot) |
2,846 | 2,276 |
Spread Rate (/lot/side) |
853 | 682 | |
Tencent Holdings Ltd.
Futures |
Full
Rate (per lot) |
6,689 | 5,351 |
Spread Rate (/lot/side) |
2,008 | 1,606 | |
Tracker Fund of Hong Kong Futures | Full
Rate (per lot) |
137,907 | 110,325 |
Spread Rate (/lot/side) |
41,376 | 33,100 | |
Trip.com Group Limited Futures | Full
Rate (per lot) |
13,140 | 10,512 |
Spread Rate (/lot/side) |
3,950 | 3,160 | |
China Tower Corporation Limited Futures | Full
Rate (per lot) |
1,021 | 816 |
Spread Rate (/lot/side) |
307 | 245 | |
China Tower Corporation Limited (Capital Adjusted) | Full
Rate (per lot) |
1,021 | 816 |
Spread Rate (/lot/side) |
307 | 245 | |
Weibo Corporation Futures |
Full
Rate (per lot) |
1,179 | 943 |
Spread Rate (/lot/side) |
355 | 284 | |
The Wharf (Holdings) Ltd. Futures | Full
Rate (per lot) |
1,835 | 1,468 |
Spread Rate (/lot/side) |
550 | 440 | |
WuXi Biologics (Cayman) Inc. Futures | Full
Rate (per lot) |
3,192 | 2,553 |
Spread Rate (/lot/side) |
957 | 765 | |
Yankuang Energy Group Company
Limited Futures |
Full
Rate (per lot) |
1,888 | 1,510 |
Spread Rate (/lot/side) |
566 | 452 | |
ZhongAn Online P & C Insurance Company Limited Futures | Full
Rate (per lot) |
2,460 | 1,968 |
Spread Rate (/lot/side) |
738 | 590 | |
Zijin Mining Group Co., Ltd. Futures | Full
Rate (per lot) |
5,772 | 4,617 |
Spread Rate (/lot/side) |
1,742 | 1,393 |