Goldman suspends HSI derivatives in view of sanctions on Chinese firms

Investment bank Goldman Sachs suspended all trading of its Hang Seng Index callable bull/bear contracts as some shares such as China Mobile (0941) and CNOOC (0883), which are being sanctioned by the US, are HSI constituents, local media reported.

A US warrants issuer also delisted all derivatives related to Chinese enterprises.

Goldman Sachs suspended all trading of its Hang Seng Index callable bull/bear contracts and delisted them. An analyst said that China Mobile (0941) and CNOOC (0883) are on the US sanctions list and also HSI constituents. In the most extreme case, foreign funds have to sell all shares related to HSI and passive index funds.