04 Mar 2025
South Korea Market Review, February 2025: ELS take off as DLS dip
Equity-linked securities sales rebound 52% while derivatives-linked securities falter.
12 Feb 2025
South Korea Market Review, January 2025: autocall sales down YoY, DLBs gain momentum
ELS’ sales dropped by 34% compared to the prior year - ELS linked to baskets of indices saw a significant fall, but stock such as Tesla and Nvidia drove some activity last month.
09 Jan 2025
South Korea Market Review, December 2024: principal-protected ELB sales spike as investors flock into retirement...
Sales of principal-protected equity-linked bonds continue to skyrocket at year-end while capital-at-risk equity-linked securities drop.
12 Dec 2024
South Korea Market Review, November 2024: principal protection takes centerstage, autocalls lose traction
Sales of equity-linked bonds have skyrocketed by 53% MoM, while sales of equity-linked securities were almost cut by half 46% compared to the prior-month.
18 Nov 2024
South Korea Market Review, October 2024: ELBs boost sales, Hana takes over Shinhan
Sales of principal-protected ELBs increased in October while local tech and utilities sector stocks were among the top investor picks.
15 Oct 2024
South Korea Market Review, September 2024: sales rebound despite YoY drop
Sales rebound MoM as household names lead the pack. Autocallable sales recover following massive drop in August.
19 Aug 2024
South Korea Market Review, July 2024: sales rebound highest since January, Hyundai Motor roars
ELS sales slowly recovered MoM. The fully-principal-protected equity-linked bonds tracking Hyundai Motor stock gained visibility in July.
06 Aug 2024
Best-sellers Apac H1 2024: FX deposits take the lead in China, Korea’s ELBs shine
We review some of the best-selling products across Asia Pacific (Apac) markets during the first half of the year based on SRP data.
16 Jul 2024
South Korea Market Review, June 2024: cap prot ELBs lead the pack, Samsung gains visibility
Domestic blue-chip stocks were the preferred underlying assets deployed via principal-protected equity-linked bonds last month. Shinhan Securities continued to lead the overall sales, with nearly 17% of the market share.
24 Jun 2024
South Korea Market Review, May 2024: autocall sales bounce back, ELS volume soars by 60%
Korea’s autocallable sales continue to show signs of recovery after they recorded a two-month increase in a row. Shinhan Investment leads sales; the Kospi 200 took over the Eurostoxx 50.
28 May 2024
South Korea: ELB remain ahead of ELS as HSCEI autocall saga bites
With five main wrappers, the South Korean market is one of the most diverse in the Asia Pacific region.
16 May 2024
Samsung Securities: ELS shortcomings have shifted product activity
The analyst at the Korean securities house says that while the issuance of recently embattled equity-linked securities (ELS) tied to the performance of HSCEI is expected to recover in the long run, the market participants may pivot their attention to ELS tracking those stock indices of other advanced markets, such as US, Europe, and Japan.