In a first for the Hong Kong market, Hang Seng Bank has introduced equity-linked investments (ELI) linked to US stocks for retail investors with a minimum ticket of HK$100,000 (US$12,861).

The new customisation tool, which went live on 18 October, allows ELI investors to select their preferred US stock underlyings, as well as the investment period from one to 11 months, strike price and airbag level. The subscription is available in seven currencies. In the meantime, the Hong Kong-based bank will also issue ELIs tied to US stocks daily. We are continuing to expand our range of wealth management product offerings - Rosita Lee ‘In fast-moving market conditions, inves

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login