Tencent leads the most-used asset for warrant issuances, while Knowledge Atlas Technology and Minimax advance to the top 10 ranking.

A total of 9,490 structured products were listed on Hong Kong Exchanges and Clearing in the third quarter of 2026, SRP data shows. The listing of derivative warrants (DWs) reached 2,480 in Q3 2026, down from 2,626 in the prior quarter, and dropped from 3,025 year-on-year (YoY). For callable bull/bear contracts (CBBCs), the listing also decreased quarter-on-quarter (QoQ), down from 7,264 in Q2 to 7,010 in the third quarter and slipped from 7,677 YoY. Hong Kong SAR: listed structured products q