Trump’s ban on China Mobile, China Unicom, CNOOC and SMIC has made the entire HSCEI option series off limits  for US entities and persons. Photo: AFP
Trump’s ban on China Mobile, China Unicom, CNOOC and SMIC has made the entire HSCEI option series off limits for US entities and persons. Photo: AFP
Stocks

Trump ban on Chinese stocks sinks demand for index options in Hong Kong

  • The Biden administration has not unwound its predecessor’s executive order against China Mobile, China Unicom, CNOOC and SMIC
  • Asset managers and banks are cutting H-share index option trades, which were notionally valued at US$1.4 trillion last year

Trump’s ban on China Mobile, China Unicom, CNOOC and SMIC has made the entire HSCEI option series off limits  for US entities and persons. Photo: AFP
Trump’s ban on China Mobile, China Unicom, CNOOC and SMIC has made the entire HSCEI option series off limits for US entities and persons. Photo: AFP
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