Tag: ELS
South Korea Market Review, April 2024: ELB, DLB sales rebound as capital protection lures investors
Asia Pacific | Market Reviews
03 Jun 2024 by Jocelyn Yang
The Korean market continues to see investors pivoting from ELS to ELB and DLB products; Hana Securities’ overall structured product sales amounted to 24% market share in April.
South Korea: ELB remain ahead of ELS as HSCEI autocall saga bites
Asia Pacific | Products
28 May 2024 by SRP News
With five main wrappers, the South Korean market is one of the most diverse in the Asia Pacific region.
Latest: MS expands footprint in France, Goldman expects HK stocks boosted by maturing Korean notes
International | Industry
21 May 2024 by SRP News
The US investment bank has signed a distribution agreement with a French banking group; Goldman expects autocall maturities to trigger a reversal of the HSCEI performance; The World Bank debuts waste reduction-linked bond; and more.
StanChart Korea puts US$100m aside to compensate HSCEI autocall investors
Asia Pacific | Products
20 May 2024 by Jocelyn Yang
The contingency plan comes after the UK bank’s Korea unit sold US$900m worth of autocallable products tracking the HSCEI.
SRP in brief: resilience and challenges
International | Industry
20 May 2024 by SRP News
A news snapshot of the week features US product trends, European market overviews in the first quarter, an abstraction of APAC wrappers' latest developments, and more.
Samsung Securities: ELS shortcomings have shifted product activity
Asia Pacific | Products
16 May 2024 by Jocelyn Yang
The analyst at the Korean securities house says that while the issuance of recently embattled equity-linked securities (ELS) tied to the performance of HSCEI is expected to recover in the long run, the market participants may pivot their attention to ELS tracking those stock indices of other advanced markets, such as US, Europe, and Japan.
SK regulator sets out HSCEI ELS compensation ratio to cover damages
Asia Pacific | Regulations & Legal
14 May 2024 by Jocelyn Yang
The Financial Dispute Mediation Committee agreed on Monday (13 May) on the compensation ratio for each bank involved in the mis-selling dispute case, with Nonghyup Bank's case being determined to compensate 65% of the damages.
South Korea Market Review, March 2024: Sales fall to 17-month low, HSCEI ELS woes drag on
Asia Pacific | Market Reviews
25 Apr 2024 by Jocelyn Yang
As the shockwaves of the H share index-linked ELS losses rattle the market, market participants’ attention has started to shift to capital-protected products.
Kospi on top in Korea amid Hang Seng woes
Asia Pacific | Products
05 Apr 2024 by Jocelyn Yang
As HSCEI loses its aura, the Korean ELS market is attempting to embark on the local underlying to capture its momentum.