Hong Kong warrants trade surges as 'bullish sentiment' returns

Investor interest in warrants and callable bull-bear contracts (CBBCs) in Hong Kong has surged in February, after a moderate decline in January, as conviction has returned following the Lunar New Year at the end of last month. "The Hong Kong market has been very hot since we came back from the Chinese New Year holiday earlier this month, with a lot more sales and turnover," said Johnny Yu ( pictured ), managing director, head of public distribution Asia, UBS. "Part of the turnover growth is due