Apac top underlyings H1 22: FX, indices continue to dominate

In China, 2,352 structured products were issued by a group of 11 banks from January to June, most of which are wrapped as deposits, according to SRP data. The FX pair of EUR/USD was the most popular pick , and was linked to 597 structured deposits from five providers. This was followed by the CSI Smallcap 500 Index – the most widely used headline index tracking China’s A shares. The index is linked 362 structured products, followed by USD/JPY (318), XAU/USD (293) and AUD/USD (217).