Xiaomi-linked derivative warrants gained visibility, while the Hang Seng Index remained the most-traded asset.

The Hong Kong structured products market has seen rising issuances on both listed and non-listed fronts in March. Listing for derivative warrants (DWs) rose to 807 from 494 products a year ago, while listing for callable bull/bear contracts (CBBCs) was up 1.5 times to close to 4,000 products on the listed products side, SRP data shows. Hong Kong SAR: listed structured product monthly issuance - March 2023 to March 2025 Source: SRP The average daily turnover for DWs and CBBCs soared over 1.4