GCC Consulting

Adjustment of BYD Company Structured Products, Futures and Options

On May 20, 2025, Hong Kong Exchanges and Clearing Limited (HKEX) announced adjustments to the structured products, futures, and options related to BYD Company Limited due to the issuance of bonus shares and capitalisation shares. Specifically, BYD will issue 8 bonus shares for every 10 shares in issue and 12 capitalisation shares for every 10 shares. The ex-date for these corporate actions is set for June 10, 2025. Investors should consult their brokers for further details, as structured product issuers will provide announcements regarding adjustments in entitlements and exercise prices. Additionally, the adjusted futures and options will have different contract sizes, but no changes will occur to the number of open positions or contract terms. Resources: https://www.hkex.com.hk/News/Market-Communications/2025/250520news?sc_lang=en

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