We look at a selection of structured deposit products in China with strike dates between 21-27 October 2026.

This week’s China wrap covers structured deposits from five banks, linked to a wide range of underlyings including US technology stocks, A-share mid and small caps, currency pairs, Chinese government bonds and gold. Most are short-dated and fully capital protected, with tenors of about one to three months and coupons between 0.5% and 1.8% pa. The exception is HSBC’s one-year product on a worst-of basket of Micron Technology and Alphabet. It has no capital protection and pays a 9.3%