The volatility of HSCEI has been increasing due to ‘the slowdown in the Chinese real estate market and deepening uncertainty in the Chinese economy’.

The balance of structured products reaching their knock-in level in South Korea reached KRW7 trillion (US$5.3 billion) in the first half of the year – all of which came from equity-linked securities (ELS) mostly tied to the Hang Seng China Enterprises Index (HSCEI), according to the Financial Supervisory Service (FSS). According to the FSS report, more than 85% of the balance, around KRW6 trillion, will be matured in the first half of next year, as the performance of HSCEI continues to we