According to Odaily Planet Daily, the Hong Kong Stock Exchange (HKEX) and the Hong Kong Central Clearing Company Limited issued the "Margin Rate for Virtual Asset Spot Exchange Traded Funds (ETFs)" notice. The notice pointed out that with reference to the notice issued on April 17, 2024 (No.: ETP/001/24), the following risk management arrangements will take effect on the same day after the launch of virtual asset spot ETFs:

1. Non-constituent stock category (category N) - the uniform margin rate for virtual asset spot ETFs and virtual asset futures ETFs will be set at 30%;

2. Non-Constituent Stock Class (Class N) - The uniform margin rate for other instruments will remain unchanged (i.e. 12%). Clearing Participants should note that their margin rate will be determined based on the uniform margin rate for Class N and their individual margin multipliers. Clearing Participants can retrieve their individual margin multipliers by retrieving the "Daily Participant Margin Multiplier Report" (DWH0081C) from the Report Retrieval Platform.