OREANDA-NEWS. Hong Kong Exchanges and Clearing Limited (HKEX) will revise the criteria for its designated securities eligible for short selling from 4 July 2016 to reflect the development of Hong Kong's equity market.

The revisions are the result of a periodic review under a framework introduced in 2012.

Changes to criteria for designated securities eligible for short selling effective 4 July

  • Stocks with market capitalisation of not less than $3 billion and an aggregate turnover during the preceding 12 months to market capitalisation ratio of not less than 60 per cent (currently 50 per cent); and  
     
  • Stocks that have been listed in Hong Kong for not more than 60 trading days, with a public float capitalisation of not less than $20 billion (currently $10 billion) for a period of 20 consecutive trading days comme.