New Products

Vontobel Launches New Products On Hong Kong Stock Exchange

Robbie Lawther Reporter 7 September 2017

Vontobel Launches New Products On Hong Kong Stock Exchange

The firm is planning to launch more over the next year.

Vontobel Financial Products has launched its first ten listed structured products on the Hong Kong Stock Exchange. 

The Swiss company plans to leverage its product suite in Europe to build upon and expand this initial product launch in Hong Kong with plans to add new products in the future, the firm said in a statement.

Over the next year, 300 to 400 warrants and Callable Bull Bear Contracts (“CBBCs”), which are derivative financial instruments that provide investors with leveraged investments in underlying assets, will be launched. The product range will be expanded over time to include products on overseas stocks, commodities, foreign exchange, and other structured products. 

Vontobel plans to build on its product suite in Europe to by this Hong Kong launch and plans to add new products in the future. 

“Hong Kong is the biggest market globally for leveraged products in terms of trading volume and the percentage of total market turnover,” said Simon Yung, head of public distribution at Vontobel in Hong Kong. “It has one of the most active and, arguably, sophisticated retail investor bases with a big appetite for leveraged products. We have seen a lot of demand for such listed structured products due to their low transaction fees, variety of exposures and access to liquidity.”

Yung added: “We have started with these products having seen a lot of investor demand for these products in recent years. This is an exciting time for Vontobel participate in the market and we look forward to launching more products soon, including CBBCs.”

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