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.
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.
29 Jul 2024
FX-linked DLS, DLB gain traction in Korea
In the first half of the year, sales volume of FX rates-linked structured products soared over 7,000% year-on-year in South Korea.
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.
03 Jun 2024
South Korea Market Review, April 2024: ELB, DLB sales rebound as capital protection lures investors
The Korean market continues to see investors pivoting from ELS to ELB and DLB products; Hana Securities’ overall structured product sales amounted to 24% market share in April.
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.
25 Apr 2024
South Korea Market Review, March 2024: Sales fall to 17-month low, HSCEI ELS woes drag on
As the shockwaves of the H share index-linked ELS losses rattle the market, market participants’ attention has started to shift to capital-protected products.
06 Mar 2024
Korea court clears Hana Bank chair for mis-selling DLF penalty
The latest ruling overturns the first trial’s ruling in March 2022, which dismissed the bank’s then-CEO and other executives’ pledge to clear out the penalty for the DLF fiasco.
02 Feb 2024
Korea’s DLS issuance remains tepid
Interest rates continuously dominate as the most popular underlying assets for DLS and DLBs’ issuances in 2023.
26 Jan 2024
South Korea Market Review, December 2023: sales double MoM, five banks halt HSCEI-linked sales
There were 2,010 products issued in the retail segment in December.
16 Nov 2023
South Korea Market Review, October 2023: sales up 43% YoY, new counterparty enters the market
There were 2,128 products issued in the retail segment in October.