他提到，亚洲在全球衍生产品市场中一直备受瞩目，其所占的市场份额正不断攀升，增长持续亮眼：根 据美国期货业协会的数据，亚洲在全球衍生产品市场的份额已由2021年的49%急升至2024年的 82%，三 年间合约成交量激增4.5倍至1692亿张。相比之下，其他两个主要地区的市场份额于同期有所下滑。亚 洲市场的表现优于其他地区的因素众多，其中包括印度等一些新兴市场于近年高速发展，以及投资者以 衍生产品作对冲的需求日渐殷切。 梁仲贤还表示，作为首个针对衍生产品的互联互通机制，互换通的推出具有里程碑意义。随着海外投资 者对内地债券市场的投资稳步增加，于2023年5月开通的互换通利便投资者参与在岸人民币利率互换市 场。互换通提供了一个崭新渠道，让投资者可以在香港对冲内地债券持仓的风险。 智通财经APP获悉，9月17日，香港证监会市场监察部执行董事梁仲贤先生在2025年期货期权世界 (FOW)Trading Asia会议上发表主题演说时称，经历数十载的蓬勃发展，香港的衍生产品市场不仅已成 为本地金融体系的重要组成部分，更是亚洲市场的主要增长来源。值得注意的是，香港已跻身亚洲最大 的场外衍生产品市场之列，特别是在人民币外汇和利 ...

每经AI快讯，9月11日，港股期指夜盘收盘，恒生指数期货跌0.75%，恒生科技指数期货跌1.03%。 ...

Group 1 - The Hong Kong stock index futures opened with a gain of 0.71% [1] - The Hang Seng Tech Index futures increased by 1.11% [1]

Group 1 - The Hang Seng Index futures fell by 0.59% in the night session on August 26 [1] - The Hang Seng Tech Index futures decreased by 0.99% during the same period [1]

每经AI快讯，8月15日，港股期指日盘开盘，恒生指数期货跌1.17%，恒生科技指数期货跌1.63%。 ...

Report Overview - The report analyzes the futures index positions of public funds in Q2 2025, covering aspects such as overall positions, product performance, and overseas futures index positions [3][4]. Product Performance - Public stock long - short strategies recorded positive returns in Q2, with a median quarterly return of 1.12%, but the product scale further declined, with a total reduction of nearly 2 billion shares in 23 products [3]. Overall Futures Index Positions Market and Fund Positions - In Q2, the index started with a large gap due to tariff impacts, pushing futures index discounts to historical extremes. The long - substitution profit margin was large, leading to strong long - position demand from public funds. By Q2 2025, public funds' long positions increased to 28 billion yuan, a quarterly increase of nearly 12 billion yuan, while short positions slightly increased to 5.8 billion yuan, with a total market value of about 33.8 billion yuan, approaching the 2020 peak level but changing from a short - dominated to a long - dominated structure [4][5]. - As of the end of June 2025, the total market position of futures index was 869,454 lots (single - sided calculation), a significant decline from the previous quarter. However, public funds' positions increased counter - cyclically. Long positions increased by 73% quarter - on - quarter to 25,167 lots, accounting for a record - high 2.89% of the total market, and short positions increased by 29% to 4,930 lots, accounting for 0.6% of the total market [9]. Position by Futures Index Types - For long positions, the market values and quarter - on - quarter changes of IH, IF, IC, and IM were 3.51 billion yuan (+1.62 billion yuan), 12.6 billion yuan (+6.99 billion yuan), 7.07 billion yuan (+2.29 billion yuan), and 4.84 billion yuan (+0.92 billion yuan) respectively. For short positions, they were 0.21 billion yuan (+0.13 billion yuan), 2.05 billion yuan (-0.39 billion yuan), 0.778 billion yuan (+0.381 billion yuan), and 2.8 billion yuan (+1.26 billion yuan) respectively. Despite the small discount space of IH and IF in Q2, long positions increased significantly, especially for index ETFs and index - enhanced products. In short positions, IM positions increased for four consecutive quarters, becoming the main hedging product for public funds [10]. Position by Contract Duration - Long positions were mainly concentrated in the current - quarter contract (September), accounting for 60%, a historically high level. The proportion of short - term contract hedging in short positions further increased, with the current - month contract accounting for 45% [10]. Position by Fund Type - By the end of Q2, the number of index - type products did not increase significantly, but the position market value increased substantially, especially for passive index products, with a quarterly increase of over 11 billion yuan, highlighting the value of long substitution. At the same time, short - hedging positions of partial - stock hybrid products increased significantly, indicating stronger hedging demand [4][14]. Overseas Futures Index Positions - Public funds' positions in overseas futures index decreased by nearly 2 billion yuan, with little structural change. NASDAQ 100 Mini Futures and Hang Seng Tech Index Futures remained the two products with the largest positions, with a combined position of nearly 5 billion yuan [3].