SFC grants ELI authorisation to new foreign investment banks

The Securities Financial Commission of Hong Kong authorised 187 unlisted structured investment products (SIPs) during the year ended in March 2022, a 27% increase compared to the 146 structures recorded a year ago as well as from April 2020 to March 2021, according to the regulator’s report. SIPs consist of equity-linked investments (ELIs) and structured deposits, which are offered to retail investors in Hong Kong SAR. The most recent SIPs authorised this year is the non-capital protecte