Only one product sold outside of Asia made it to the global top 10 best-selling structured products list for the first six months of this year, while eight of them were issued in China.
The products sold by two Chinese distributors – China Minsheng Bank and Shenzhen Ping An Bank – dominated the best-selling list, according to SRP data . At the top of it was 挂钩利率结构性存款(SDGA190499D)/Structured Deposit that raised a sales volume of almost US$2.4 billion. The now-expired product is a range accrual linked to the USD 3 month Libor rate with a tenor of around three months. The second best-sold structured note, 挂钩利率结构性存款(SDGA190622D)/Structured Deposit , shared the same feat
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