Revised framework allows issuers to launch leveraged and inverse products linked to Hong Kong-listed mega-cap stocks while introducing additional operational safeguards.
The Securities and Futures Commission (SFC) has expanded Hong Kong's listed structured fund framework to allow Single Stock Leveraged and Inverse (L&I) Products referencing eligible Hong Kong-listed stocks, marking the latest step in the regulator's decade-long effort to broaden the city's exchange-traded product market. According to the SFC, assets under management in single-stock L&I products have increased more than 300-fold to HK $106 billion The revised circular, publishe