Hang Seng Index drives October issuance; Nasdaq plans new Nordic ESG underlyings; IHS Markit and ChinaBond Pricing Center plan suite of onshore Chinese bond market indices; Dow Jones Sustainability Indices slammed by environmental activist group
Hong Kong’s Hang Seng Index was the most widely cited underlying for structured products in October, a month known for major market sell-offs in the past and that is living up to its dismal reputation this year. A total of 624 products tracking the single Hang Seng Index was issued since the beginning of the month through October 16. In terms of sales volume, however, the benchmark was the seventh most popular underlying with the figure coming in at roughly US$210 million and accounting fo
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