Asia Pacific News

SG’s Indian participatory notes in line with market growth

Asia Pacific | Products

10 Sep 2020 by Summer Wang & Pablo Conde

The value of participatory notes, known as ‘P-Notes’ or offshore derivative instruments, in India has steadily rebounded to INR63,228 crore (US$8.6 billion) in July after hitting to a record low of INR48,006 crore in March, according to data from the Securities and Exchange Board of India (SEBI).

FTSE Russell, SGX move to develop product ecosystem

Asia Pacific | Indices

09 Sep 2020 by Pablo Conde

FTSE Russell and the Singapore Exchange (SGX) have launched a partnership to develop an Asian and emerging markets focused multi-asset index derivatives offering and help build up the domestic listed products market.

Haitong CBBC issuance rises despite 50% profit plunge

Asia Pacific | Industry

08 Sep 2020 by Summer Wang & Pablo Conde

The Hong Kong-based subsidiary of Haitong Securities has reported a net profit of HK$521.5m (US$67.3m) in the first half of the year, a 49.8% plunge from a year earlier. But It remains a leading issuer of callable bull/bear contracts (CBBCs) in Hong Kong.

China Merchants, Ping An continue structured deposit scale down

Asia Pacific | Industry

07 Sep 2020 by Summer Wang & Pablo Conde

China Merchants Bank realised a net profit of CNY50.1 billion (US$7.3 billion) in the first half of year, down 1.5% from a year ago, as its increased net operating income was offset by a 22.3% increase of expected credit losses at CNY40.4 billion, mostly on loans and advances to customers.

JP Morgan debuts S&P 500 warrants in Hong Kong

Asia Pacific | Products

03 Sep 2020 by Summer Wang & Pablo Conde

In a first for the Hong Kong warrants market, JP Morgan has issued two derivative warrants linked to S&P 500 on the Hong Kong Stock Exchange, allowing investors to get exposure to the US market during local trading hours.

China’s ABC gains market share despite WMP losses

Asia Pacific | Industry

02 Sep 2020 by Summer Wang & Pablo Conde

The third largest Chinese bank by assets posted a net profit of CNY109.2 billion (US$16 billion) in the first half year, down 10.8% from a year earlier.

China’s BoC, CCB H1 profit plunges over 10%

Asia Pacific | Industry

01 Sep 2020 by Summer Wang & Pablo Conde

Net profit at the largest Chinese state-owned bank plunged by 11.22% to CNY107.8 billion (US$15.8 billion) in the past half year compared with a year ago as its impairment losses on assets, mostly on loans and advances, doubled to CNY66.5 billion.

Japan Market Review, July 2020: JPX reports increase in revenues from derivatives trading

Asia Pacific | Market Reviews

01 Sep 2020 by Veselin Krastev

There were 135 structured products (including flow, but excluding leverage and private banking), worth an estimated JPY279 billion ($2.6 billion), added to the SRP Japan database in July.

China Market Review, July 2020: CBIRC extends transition period AM regulation

Asia Pacific | Market Reviews

31 Aug 2020 by Maria Kocheva

Three-hundred and thirty-eight structured products worth an estimated CNY39.9 billion (US$5.9 billion) had strike dates in China during July.