VCM
First phase enhancements of Volatility Control Mechanism (VCM) will go live on 11 May 2020!
The VCM is designed to prevent extreme price volatility among individual stocks and was first introduced to the securities market in August 2016. The mechanism currently covers constituent stocks of the Hang Seng Index and the Hang Seng China Enterprises Index, but will soon expand to cover all constituents of Hang Seng Composite LargeCap, MidCap and SmallCap Indexes. A tiered structure of triggering thresholds will also be introduced.
Check out the video and infographic below to learn more about VCM and the enhancement.
Tap Read More for details.