A survey conducted by two Hong Kong SAR financial watchdogs has found that structured products accounted for nearly half of the OTC investment transactions in 2020, led by equity underlyings.
The survey results were released today (7 October) by the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA). They are based on responses from 308 licensed corporations (LCs) and 64 registered institutions (RIs), which sold non-exchange traded investment products with an aggregate transaction amount of HK$5.7 trillion (US$732 billion) to over 700,000 investors during 2020. The sell-side included retail, private and corporate banks, investment advisors, securiti
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