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Banks join in relay to halt sales of HK-linked ELS products

As massive losses are expected from equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index (HSCEI), commercial banks are either halting or considering the halting of ELS product sales consecutively. ....

Soult Ukpyolsi , South Korea , Kim Joo Hyun , Yang Jung Suk , Woori Bank , Financial Services Commission , National Assembly , Shinhan Bank , Financial Supervisory Service , Nh Nonghyup Bank , Hana Bank , Hang Seng China Enterprises Index , Hyup Bank , Euro Stoxx , 홍콩 H지수 , Lee Bok Hyun , Equity Linked Securities , Yang Jeong Suk , South Korea , He Korea Times , Orea Times , Orean News In English ,

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

The issuance of equity-linked securities (ELS) tied to the performance of Japan s Nikkei 225 in Korea has outsripped the issuance of those linked to the Hang Seng China Enterprises Index (HSCEI). ....

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HK-linked ELS emerges as time bomb in banking sector

A 58-year-old man, surnamed Kang, recently filed a complaint with the Financial Supervisory Service (FSS) as he faces the risk of losing half his assets after investing in equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index (HSCEI). ....

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