HSBC debuts structured deposit tied to new VantageZ index play in China

The two-year structure will deploy a shark fin as payoff with a quarterly evaluation basis and an uncapped return, an HSBC banker with knowledge of the launch told SRP without disclosing more details. The index , launched on 10 June, allocates across 19 assets composed of 18 ETFs and a cash index. The assets belong to seven groups classified as US equities, developed equities (ex US), China equities, emerging equities, bonds, real assets and cash. Part of the HSBC VantageZ Index series, this r