November 20, 2023 (NO COMMENTS)

Huatai International has launched its first callable bull and bear certificate (CBBC) in Hong Kong, five months after it listed its first derivative warrants on the Hong Kong Exchange. The CBBC, which is listed on HKEX today (November 20), is linked to the Hang Seng Index. As of November 16, Huatai had 104 derivative warrants listed on HKEX, the bulk of which are linked to single stock underlyings. But for the CBBC product, Huatai is planning to concentrate its issuance on the Hong Kong equity