Priced in May, the six-month note pays 0.87% monthly and links redemption to the worst performing of two stocks.
HSBC has introduced a six-month, non–principal protected Daily Cash Dividend Callable Equity Linked Investment (DCDC ELI) in Hong Kong, distributed through Nanyang Commercial Bank. The structure delivers a fixed income stream The product provides investors with exposure to a basket of Hong Kong-listed equities –Meituan Class B and BYD Co Ltd H shares with returns at maturity determined by the worst-performing stock in the basket. The structure delivers a fixed income stream, off