BYD and Pop Mart also led the underlying league table for derivative warrants, while the Hang Seng Index dominated for CBBCs.
Hong Kong’s listed structured products took a dive in May compared to the prior month, while unlisted equity-linked investments (ELIs) continue to see growing issuances. On the listed structured products front, the listing of derivative warrants (DWs) dropped to some 579 in May from over 800 in April, while listings for CBBCs fell to 2,138 from over 3,100 seen in the prior month, according to SRP data. The average daily turnover for both leveraged products hovered lower in May, the Hong