Index roundup: Issuance of products linked to Hang Seng index largest in October

Hong Kong’s Hang Seng Index was the most widely cited underlying for structured products in October, a month known for major market sell-offs in the past and that is living up to its dismal reputation this year. A total of 624 products tracking the single Hang Seng Index was issued since the beginning of the month through October 16. In terms of sales volume, however, the benchmark was the seventh most popular underlying with the figure coming in at roughly US$210 million and accounting fo