The post Complex equity note issuance tops $200 billion on strong demand from Asia’s affluent appeared on BitcoinEthereumNews.com.

Money across Asia is pouring into complex equity notes at a record pace, with wealthy investors driving issuance past $200 billion this year, according to Bloomberg. The jump is tied to structured products linked to Hong Kong and Singapore stocks, which climbed about 80% as families with deep pockets chase steady payouts and exposure to big tech names even after getting hit with heavy losses in earlier downturns. Banks are seeing rising orders for accumulators, which force buyers to pick up shares at preset prices over time, and fixed-coupon notes that pay monthly income. Investors are betting that the region’s AI rally, not caution, is the thing to follow. The activity comes at a time when equities across Asia are running hot on the back of the AI craze. Private banks are targeting their richest clients with structured notes tied to Alibaba and Tencent, two names now replacing earlier favorites like Nvidia. The appeal is simple: more control over stock exposure and predictable payouts. But the structure also creates risk if prices fall below key levels. Investors build positions through rising issuance Tony Lee, head of global equity-derivatives strategy at JPMorgan Chase & Co., said issuance “was very limited for the last few years, up until September of last year,” and he pointed to the recovery in China as the main driver. Tony said “the product underlyings have shifted from US stocks into Hong Kong stocks,” reflecting how regional sentiment changed as Chinese markets picked up this year. Asia still leads the world in these deals, with more than 60% of global sales coming from the region in the first seven months of 2025, based on industry figures covering China and Hong Kong. These notes usually deliver smaller top-end payouts than buying shares outright, but buyers want the monthly income,…

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Filed under: News - @ December 14, 2025 3:28 pm