The sales volume of structured products linked to the Tencent share have almost tripled in the first quarter of this year compared to the last three months of 2018 in Hong Kong.
The figure for Q1 2019 came in at around HKD2.3 billion (US$288 million) excluding flow and non-retail products, according to SRP data. The sales volume of structured products tracking the Chinese tech juggernaut stood at roughly HKD850 million in the fourth quarter last year. In both quarters, Tencent was the second-most popular underlying asset in Hong Kong. In the first three months of this year HSBC topped the underlying list with 17 products worth HKD2.4 billion. The whopping rise in
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