Korea’s autocallable sales continue to show signs of recovery after they recorded a two-month increase in a row. Shinhan Investment leads sales; the Kospi 200 took over the Eurostoxx 50.
SRP data shows that the country’s overall structured product monthly sales volume rebounded to KRW4.78 trillion (US$3.4 billion) , up 12% month-on-month (MoM). The biggest growth stemmed from capital-at-risk equity-linked securities (ELS) products, with sales skyrocketing by over 62% MoM to KRW1.6 trillion coming from 564 products . The trend reversed the severe plunge triggered at the beginning of the year by the Hang Seng China Enterprises Index (HSCEI) debacle. Looking at the underlyi
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