The collapse of HSCEI-linked autocallables

The combination of the early regulatory crackdown, new lockdowns in China due to a Covid resurgence and the risk that Russia-China ties may impact Chinese economy weighted heavily on the Chinese Equity Index. HSCEI has always been a very popular underlying for Asian investors - Eric Barthe As of 15 March 2022, the year-to-date performance of the Index is less than -25% and the HSCEI is down more than -45% in the last year. Impact for the investors That performance affects investors who ar