Autocallable notes tracking a basket of stocks continued to rule the Taiwanese market in the fourth quarter, led by underlying assets like Pfizer, TSMC, and Tesla.
Structured note issuance continued to soar in the fourth quarter of the year with equity-linked products dominating the market driven by high interest in the tech and semiconductor sector from retail investors. The number of products issued surged by over 86% year-on-year to 12,089 tranches during last October and December, SRP data shows. The issuance amount also went up roughly by 13% from the prior quarter . The rising product issuance also boosted the estimated sales volume, up 20% year-on