Biotechnology Index not included in the list of futures limit price relaxations, Hong Kong Exchange responds

This week, the Hong Kong Stock Exchange has expanded the price limits for after-hours trading of 7 stock index futures contracts from the current 5% to 6%. The specified contracts include Hang Seng Index Futures, Hang Seng Index Dividend Accumulation Index Futures, Hang Seng China Enterprises Index Futures, Hang Seng China Enterprises Index Dividend Accumulation Index Futures, Hang Seng Tech Index Futures, Mini Hang Seng Index Futures, and Mini Hang Seng China Enterprises Index Futures, but excluding Hang Seng Biotech Index Futures. On June 11, the HKEX responded that they will periodically review and adjust the trading limits of futures products, but currently there is no adjustment for the Hang Seng Biotech Index Futures. Regarding the aim of relaxing the price limits, the HKEX also mentioned that this notice was only to inform securities firms to participate in related exercises, and the specific implementation time will be notified separately after approval by the regulatory authorities. The exchange believes that these adjustments will help ensure smooth market trading during extreme volatility and prevent a sudden decrease in liquidity.