China Market Review, November 2021: FX rates take the lead

Another 332 structures matured, releasing nearly CNY 27.2 billion back onto the market. Of these, 45% are short to mid-term structured deposits tied to FX rates; another 33% featured single indices as underlyings. Distributors There were 10 active distributors in November. Bank of China increased its issuance by almost 26%. With 248 releases throughout the month, it ranks first in the distributors’ chart in November. All its newly issued structures are short to mid-term deposits linked