We analysed the performance of US structured notes linked to shares of Apple, whose market value has been exceeded by Nvidia this week.

On Wednesday (5 June), Nvidia’s market value increased to US$3.01 trillion following an extended growth year-to-date, which was marginally ahead of Apple’s US$3.0 trillion. In contrast, the performance of Apple stock has been overall lacklustre after reaching its four-month lowest in early March.  However, the third largest public tech giant is one of the most demanded underlying assets in the over-the-counter structured product market across the globe, particularly in its home

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