Hong Kong Regulations

SECURITIES AND FUTURES (CONTRACTS LIMITS AND REPORTABLE POSITIONS) RULES - SECT 2

Interpretation

(1) In these Rules, unless the context otherwise requires-

"Listing Rules" (《上市規則》) means the Rules Governing the Listing of
Securities on the Stock Exchange of Hong Kong Limited made by the Stock
Exchange Company;

"prescribed limit" (訂明上限), in relation to a futures contract or a
stock options contract, means the limit on the number of contracts prescribed
for it under section 5;

"reportable position" (須申報的持倉量) means an open position in
futures contracts or stock options contracts the number of which is-

   (a)  in the case of a futures contract specified in column 2 of Schedule 1,
        in excess of that specified opposite to it in column 4 of that
        Schedule; and

   (b)  in the case of a stock options contract specified in column 2 of
        Schedule 2, in excess of that specified opposite to it in column 4 of
        that Schedule;

"reporting day" (申報日) means a day other than-

   (a)  a public holiday;

   (b)  a Saturday; and

   (c)  a gale warning day or a black rainstorm warning day as defined in
        section 71(2) of the Interpretation and General Clauses Ordinance (
        Cap  1).

(2) For the purposes of these Rules, a reference to control, in relation to
futures contracts or stock options contracts, shall be construed as a
reference to control of such futures contracts or stock options contracts,
either directly or indirectly.

"Listing Rules" (《上市規則》)

"prescribed limit" (訂明上限)

"reportable position" (須申報的持倉量)

"reporting day" (申報日)