20 Aug 2024
Hong Kong Market Review, July 2024: Chinese household stocks lead the pack, turnover recovers
The issuance and average daily turnover of derivative warrants and CBBCs’ rebounded on a monthly basis in July. Tencent and Meituan take the lead on stock underlying exposure for warrants.
02 Apr 2024
Latest: Korean banks agree to redress investors hit by HSCEI-linked autocall losses
Several banks in South Korea have implemented schemes to compensate investors facing losses from yield enhancement products linked to the Chinese market, following warnings from domestic regulators on the lack of suitability checks at the point of sale.
12 Jul 2023
Latest: BMO debuts in-house leverage/inverse ETN range
The Canadian bank is expanding its footprint in the US market; new benchmarks offering rotating exposures and sustainability opportunities launched; Swiss firm automates price contribution workflows; and more.
19 Apr 2023
Hana Securities leads Q1 ELS issuance, no appearance from HSI
The Korean securities house has returned to the league table with a surge of issuance amount.
05 Jul 2021
SFC highlights new swap-based L&I structures
The Securities and Futures Commission (SFC) in Hong Kong SAR has released its FY20/21 annual report.
17 Mar 2021
DLCs fall back on SGX, HS Tech warrants launched
The traded value of daily leverage certificates (DLCs) on the Singapore Exchange (SGX) dropped 20% to SG$204m in February month-on-month (MoM), going back to the level seen in December 2020.
23 Feb 2021
Hang Seng debuts hedged decrement play in South Korea
Hang Seng Indexes has launched its first hedged decrement index targeting structured product issuers in South Korea as Asian investors slowly embrace synthetic dividend underlyings.
16 Dec 2020
Top underlyings Apac: Chinese tech companies’ H shares take the lead
There’s been a significant shift in the underlying assets used in Asia Pacific year-to-date (YTD) compared to 2019: single stocks have taken over index baskets as most popular underlyings, featuring Meituan Dianping, Alibaba and Xiaomi. The USD 3M Libor does not appear.
18 Aug 2020
Hong Kong SAR Market Review, Q2 2020: Hang Seng dragged down by financials and property
Some 1,440 primary market products worth an estimated HKD201.6 billion ($26 billion) were added to the SRP Hong Kong SAR database in the second quarter of the year, up from the previous quarter when 1,279 products with sales of approximately HKD179.4 billion were available.
15 May 2019
Indexing: Hang Seng rolls out ESG benchmarks
Hang Seng Indexes releases ESG benchmarks, S&P Dow Jones Indices looks at US labour market; Solactive rolls out disruptive tech companies play.
08 Jan 2019
Index roundup: Hang Seng Index takes lead in the New Year, Brexit index released
Hang Seng Index was the most widely used underlying asset for structured products in terms of issuance in the first week of January, Capital.com launches indices to take advantage of Brexit uncertainty and FTSE Russell adds benchmarks with sustainability twists to its real estate index series.
15 Nov 2018
South Korean ELS miss knockout triggers, foreign investment banks continue to make inroads
The drastic drop in the redemption volume of equity-linked securities (ELS) in the third quarter of this year in South Korea has left hedging counterparties as well as local securities companies exposed to large losses.