FSS: HSCEI-linked ELS approaching loss territory

The balance of structured products reaching their knock-in level in South Korea reached KRW7 trillion (US$5.3 billion) in the first half of the year – all of which came from equity-linked securities (ELS) mostly tied to the Hang Seng China Enterprises Index (HSCEI), according to the Financial Supervisory Service (FSS). According to the FSS report, more than 85% of the balance, around KRW6 trillion, will be matured in the first half of next year, as the performance of HSCEI continues to we