Woofun AI reports that Gate has introduced Quanto perpetual contracts for five Hong Kong-listed equities, including TENCENTHKD, XIAOMIHKD, ZHIPUHKD, and MINIMAXHKD. Trading commences on July 21 at 16:30 (UTC+8) with leverage options ranging from 1x to 20x.

These contracts utilize underlying assets quoted in local fiat currency while settling margins and profit/loss in USDT. This structure enables participation in overseas stock derivatives without prior currency exchange, mitigating exchange rate fluctuation impacts on trading outcomes.