HSBC China will issue its first structured deposit linked to the performance of the HSBC VantageZ Index (USD) Excess Return as soon as relevant training has been completed.
The two-year structure will deploy a shark fin as payoff with a quarterly evaluation basis and an uncapped return, an HSBC banker with knowledge of the launch told SRP without disclosing more details. The index , launched on 10 June, allocates across 19 assets composed of 18 ETFs and a cash index. The assets belong to seven groups classified as US equities, developed equities (ex US), China equities, emerging equities, bonds, real assets and cash. Part of the HSBC VantageZ Index series, this r
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