Asia Block Trades SFC HKD

Hong Kong Block Trades on HKEX

Block-trade financing and discreet execution for large lines of shares listed in Hong Kong — for sellers and acquirers who need to move size without disturbing the order book or the price.

01 · The Market

Asia

Hong Kong equity markets.

Black Haven Investments provides liquidity around block trades in Hong Kong-listed equity: off-market or negotiated-price execution, risk taken on the line itself, and the large-holding disclosure that follows a substantial transfer managed end to end. The market is overseen by Securities and Futures Commission (SFC).

Hong Kong block trades at a glance:

Listed venue	Hong Kong Exchanges and Clearing (HKEX)
Regulator	Securities and Futures Commission (SFC)
Currency	HKD
Principal indices	Hang Seng Index, Hang Seng China Enterprises Index (H-shares)
Structure	Off-market or negotiated-price

Regulatory references are published for general orientation and are not legal advice.

02 · Exchanges

One Venue

Each Hong Kong exchange, covered.

HKEX · Hong Kong

Hong Kong Exchanges and Clearing

Asia’s principal international listings hub and the gateway for Greater China capital through the Stock Connect schemes. Deep free float in large-cap H-shares and red chips, settled under long-established Hong Kong custody conventions, makes HKEX-listed lines among the most readily financed across the region.

View HKEX →

03 · FAQ

Hong Kong · Block Trades

What holders ask about Hong Kong.

01How do you execute a Hong Kong block trade?

We work the line off the order book, off-market or at a negotiated price, and the block is then printed to Hong Kong Exchanges and Clearing (HKEX) under its block-trade rules. Black Haven Investments can take all or part of the risk on the line, so the seller achieves a clean exit at an agreed price.

02How large a block can you handle in Hong Kong?

It depends on the stock’s free float, daily traded volume and volatility. We assess each line on its merits and indicate a workable size and price range after reviewing the position.

03Does the block trade have to be disclosed?

Often, yes. A substantial transfer by a significant shareholder is generally disclosable under the relevant regime overseen by SFC. We manage the sequencing and wording of any required notification around the trade.

04Can you finance the buyer of the block?

Yes. A block can be paired with a stock loan to the acquirer, so the newly acquired Hong Kong-listed line serves immediately as collateral for the financing that funds it.

04 · Adjacent Markets

Asia

Countries adjacent to Hong Kong.

Japan · China · South Korea · Taiwan · Singapore · Australia · New Zealand · India · Thailand · Indonesia · Malaysia · Philippines · Vietnam · Pakistan · Sri Lanka · Kazakhstan · Bangladesh

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A particular Hong Kong holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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