HSBC introduces China-focused ESG play via structured deposit

The bank has exclusively licensed the index to wrap it as a two-year up-and-out fully protected product which struck on 5 March. Observed on a quarterly basis, the structured deposit has a participation rate of 130% and a trigger-out level of 120% while offering a trigger-out coupon of seven percent. The minimum investment is CNY50,000 (US$7,642.34). “The index provides exposure to Chinese securities listed in the US under ‘technology’ or ‘consumer Services’ sector, which proves to be the stron