HSBC’s AiPEX5 makes HK SAR foray via cap prot structure

The UK bank has rolled out a CNH-denominated structured product with full capital protection tracking the AI-powered index to Jade clients in Hong Kong SAR. This follows recent offerings in MYR, USD, CNH and CNY with tenors from one year to three years with the largest volume between one to two years over the last few months, according to Justin Chan (pictured) , head of Greater China, global markets, Apac at HSBC. “Each country has had their own payoffs but the most common has been long