(Bloomberg) -- Hong Kong plans to stop shutting the stock market during severe weather as soon as September to allow trading in such conditions like in other advanced economies, according to people familiar of the matter.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayHong K
Hong Kong's bourse operator said on Wednesday it plans to launch by the end of the year weekly options for 10 locally listed stocks, including HSBC Holdings and Alibaba Group Holding, in a bid to offer investors additional risk-management tools. Options are derivatives that offer the right to buy or sell particular securities, and can be used by investors to manage risks or execute trading strategies. The 10 stocks also include the Hong Kong Exchanges and Clearing Ltd (HKEX), Tencent Holdings, JD.com, Baidu and BYD Co, HKEX said in a statement on its website.
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome the listing of Asia's first Spot Virtual Asset (VA) ETFs on 30 April (Hong Kong time), adding to the diversity of products in Hong Kong's markets and further supporting the city's position as the region's leading ETF marketplace by offering investors even more choice.