Alibaba-linked derivative warrants record soaring issuance and turnover, while Nvidia leads as the most-used asset for equity-linked investment (ELI) issuances.
The Hong Kong listed structured products recorded higher turnover in September. The average daily turnover for listed products – consisting of derivative warrants (DWs) and callable bull/bear contracts (CBBCs) – reached HK$22.1 billion (US$2.84 billion) last month, up 65% year-on-year (YoY) and nearly 26% month-on-month (MoM), the Hong Kong Exchanges and Clearing (HKEX) latest monthly statistics report shows. The average daily turnover for CBBCs shone, surging more than 29% from th