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US$1 billion in a week: HK’s private banks kick-start 2013 with strong structured product sales

High net worth clients have embraced the New Year with a “risk-on” mode, with private banks  leveraging upon this mood, locking in over US$1 billion of equity flow structured products in the first week of this month. The structures include equity-linked notes, accumulators and twin-win, to name a few. “We expect this trend to hold strong until Chinese New Year,” says the…

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