What is HK0625
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Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
HK0625 Introduction
HK0625USDT is a quanto contract in which the underlying asset is priced in HKD, while margin and PnL are settled in USDT. For margining and settlement purposes, the price of the relevant Hong Kong stock on the HKEX is treated as if it were denominated in USDT on a one-to-one basis, without any foreign exchange conversion. The underlying asset is SHEIN Global Holdings Limited (HKEX: 0625), SHEIN is a global online fashion and lifestyle retailer with a mission to make the beauty of fashion accessible to all.
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