The use of single stock structures was favourable in Hong Kong SAR; short tenor products remained popular in the first half of the year.

Single stock structures gained traction in the Asia Pacific ex-China region in the first half of the year, with their market share based on estimated sales volumes surging to 33% compared to 18% in the prior year’s same period, according to SRP data. The increase also brought single stock structures to become the largest asset class used in the region during H1 2025. Asia Pacific ex-China: asset classes’ market share based on estimated sales volumes  in 1H 2025 and 1H 2024 S