Hang Seng Bank’s 1H structured products income rises amid falling net profit

However, the income from sales of self-issued and third-party structured products, which feature equity-linked structured products for retail investors, was significantly lower than the peak level seen in 1H 18 at HK$348m. It accounted for 4.7% of wealth management income, which rose 44% to HK$5.1 billion YoY driven by the recovery of investment returns on life insurance funds on the back of a more favourable equity market in 1H 21.  Groupwide, the Hong Kong SAR-headquartered bank record