HSBC launches new China region structured product
HSBC has launched a new China region structured investment product as part of its 100+ Series.
The HSBC 100+ Series China Region Investment offers capital-protected exposure to equity indices in China, Hong Kong and Taiwan.
“It’s designed for investors who want to access the upside exposure of the Chinese growth story with the security of full capital protection in the event of market corrections,” said Ian Collins, HSBC Bank Australia’s head of sales in global markets. “It’s also distinct in its ability to give investors a choice between receiving returns as capital growth or as regular income, catering to different cash flow needs.”
The product has a five-year investment term and will be available to independent distributors and through HSBC Bank Australia and its financial planners.
The product has a ‘recommended’ rating from Lonsec.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
