A Hong Kong Securities and Futures Commission study found that structured products dominate the Hong Kong market for non-exchange traded issues. (DI)
Some highlights include:
- 56% of the HKD 584 billion market was in structured products
- of the structured products:
- 65% were currency-linked
- 23% were equity-linked
- For those of you worried about systemic risk: five financial conglomerates issued 90% of the structured products