The Hong Kong-listed Chinese tech stock has become the second most featured underlying among new warrant issuances. HSI continues to dominate the league the underlying table for both warrants and CBBCs.

Listed structured products in Hong Kong SAR kicked off 2025 with a lukewarm trading performance, in line with the subdued activity recorded over the last few months. The average daily turnover for listed structured products – consisting of derivative warrants (DWs) and callable bull/bear contracts (CBBCs) – gained nearly five percent from the prior month to reach HK$11.5 billion (US$1.5 billion) in January, according to the Hong Kong Exchanges and Clearing (HKEX) January statistics