HK muscles in on S’pore’s China stock futures monopoly

HONG KONG: Hong Kong is starting futures contracts that make it easier for international investors to bet on mainland Chinese stocks, intensifying rivalry between the city’s bourse and its Singapore counterpart.

Analysts expect that the new product, which launches today, from Hong Kong Exchanges & Clearing Ltd (HKEX) could take several years to gain traction, but that it will ultimately provide formidable competition to the offering available from Singapore Exchange Ltd (SGX).