The Thai securities house expands its depositary receipts underlying offerings, including new Hong Kong ETF and European stock underlyings, as structured products issuance drops.

Bualuang Securities (BLS) has collaborated with Hang Seng Investment Management to launch two depositary receipts (DR) offering exposure to the Tracker Fund of Hong Kong and the Hang Seng China Enterprises Index ETF. Both products began trading on the Stock Exchange of Thailand (SET) on 16 November. The Thai securities house also debuted the first two DRs linked to European single stocks: The luxury goods giant LVMH Moet Hennessy Louis Vuitton SE and the Dutch semiconductor firm ASML. Based in

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