Asia Pacific News

Japan Market Review, January 2021: S&P 500 autocalls grow in popularity

Asia Pacific | Market Reviews

28 Feb 2021 by Veselin Krastev

There were 124 structured products, including flow but excluding private banking and leverage, added to SRP’s Japan database during January.

South Korea Market Review, January 2021: sales increase despite lower issuance

Asia Pacific | Market Reviews

26 Feb 2021 by Lachezara Tsenova

There were 1,158 products issued in the retail segment in January, a decrease of 13% compared to December 2020.

China Market Review, January 2021: numbers continue to drop

Asia Pacific | Market Reviews

26 Feb 2021 by Petya Damyanova

One hundred fifty-four structured products worth an estimated CNY18.3 billion (US$2.8 billion) were added to the SRP China database in January.

HSBC HK & Taiwan issuance soars as focus shifts to Asia

International | Industry

25 Feb 2021 by Summer Wang

The UK bank has raised its non-flow structured product issuance in the regions with significant activity in Hong Kong SAR and Taiwan.

KIS issuance drops 50% as hedging losses bite, DLS disappear

Asia Pacific | Industry

24 Feb 2021 by Summer Wang

Trading income at Korea Investment & Securities (KIS) dipped over three-quarters (77.9%) to KRW99.1 billion (US$89.2m) in FY20 ended in December 2020 due to ‘massive ELS hedge trading loss’ at KRW114.5 billion in Q1.

Hang Seng debuts hedged decrement play in South Korea

Asia Pacific | Indices

23 Feb 2021 by Summer Wang

Hang Seng Indexes has launched its first hedged decrement index targeting structured product issuers in South Korea as Asian investors slowly embrace synthetic dividend underlyings.

Mirae’s ELS/DLS look overseas as domestic assets enter ‘low growth phase’

Asia Pacific | Industry

23 Feb 2021 by Summer Wang

The South Korean securities house has seen its structured products business regain unprecedented traction after three consecutive quarters of decline.

Samsung reports increase in sales despite lower issuance

Asia Pacific | Industry

17 Feb 2021 by Summer Wang

The largest issuer and distributor in South Korea accumulated KRW253.4 billion (US$2.3 billion) from OTC derivatives in 2020 on the back of its activity in the second half of the year, up 73% from 2019.

Singapore Market Review, Q4 2020: HSI remains top underlying

Asia Pacific | Market Reviews

17 Feb 2021 by Petya Damyanova

Some 167 structured products were added to SRP Singapore database between 1 October and 31 December 2020.