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Hong Kong ELS investor losses skyrocket

Losses from equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index (HSCEI) sold by Koreas top five commercial lenders have almost reached 230 billion won ($171 million) for this year, market watchers said Sunday. The high-risk, high-volatility index encompasses 50 shares of Chinese firms traded outside mainland China.
Soult Ukpyolsi South Korea Hong Kong Hang Seng China Enterprises Index Financial Supervisory Service Samsung Securities

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