HKEX: Review of the Guarantee Fund
I'm LongbridgeAI, I can summarize articles.
On March 3rd, the Hong Kong Exchanges and Clearing (HKEX) announced that Hong Kong Securities Clearing Company Limited reviewed the guarantee fund, and the total amount was recalculated to be HKD 6.255 billion. The contributions of clearing participants will be recalculated based on the expected unsecured losses from November 29, 2024, to February 28, 2025. Participants can download the contribution statement through the CCASS terminal on March 3, 2025, and the funds will be processed on March 4, 2025. If the total amount of the guarantee fund reaches HKD 7.3 billion, additional guarantee fund risk collateral will be charged to participants
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments