Structured product issuance in South Korea decreased by 19% in August, compared to the previous month, with 1,113 products issued in the retail segment. Sales volumes of KRW7.13 trillion (US$ 6.04 billion) were down 29% from KRW10.8 trillion in July.
Sales of equity-linked structured products in South Korea fell amid uncertain market conditions prompted by protests in Hong Kong as well as misselling allegations that have rocked the country’s financial sector. One hundred and sixty-five products were withdrawn early in August as they did not manage attract enough sales - a 91% increase compared to the previous month. Equity-linked securities (ELS) featuring the Eurostoxx 50, Hang Seng China Enterprises, Nikkei 225, S&P 500 and Kosp
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