Tencent leads as the most-used asset for warrant issuances, while Nvidia remains the most popular underlying for ELIs.
The Hong Kong listed structured products market showed lowered momentum in the second quarter of the year. The average daily turnover for listed products – consisting of derivative warrants (DWs) and callable bull/bear contracts (CBBCs) – was down about 18% quarter-on-quarter (QoQ) to HK$17.5 billion (US$2.2 billion) in Q2 and up slightly 0.6% compared to last year’s same period, the Hong Kong Exchanges and Clearing (HKEX)’s 2026 interim report shows. A total of 9,890 s