The consumer electronics and semiconductor narratives drove most of the sales of single stock-linked product in the Asia Pacific market in Q1 2024.

The hot streak of information technology (IT) stocks this year, driven by Samsung Electronics and Nvidia, has helped prop up the sales of single stock-linked structured products in the Asia Pacific market. Single-stock products tracking the IT underlying assets gathered US$2.7 billion in sales volume across five major Asia markets (Hong Kong SAR, Japan, South Korea, Taiwan, and Thailand) in the first quarter of the year, almost doubling the prior-year quarter (Q1 23: US$1.37 billion), according