China Market Review, March 2022: HSCEI strikes 10-year low

According to SRP data, issuance increased by 44% from the previous month, and Q1 2022 numbers show remarkable growth of 57% compared to the same time frame last year. Some 634 structured products with an aggregated volume of CNY67.2 billion had a strike date in July. A further 417 structures matured during the month with approximately CNY45.3 billion outflow of capital. The majority of the maturing products were short to mid-term structured deposits using combinations of 11 different payoff me