Taiwan continues to drive worst-of structures in 2024, while Hong Kong SAR and South Korea have shifted more interest towards single stock products.

Worst-of baskets of stocks remained favoured by investors in Asia Pacific ex-China with the market share per estimated sales volumes reaching 25% in 2024, up from 23% in 2023, according to SRP’s data. Asset classes in Asia Pacific: 2023 vs 2024 Source: SRP Taiwan is among the Asian markets that have seen investors’ growing appetite for worst-of structures, with over 16,000 product issuances recorded in 2024, more than double the 6,500 issuances recorded  in 2023. Semiconducto