Hong Kong's Popular Structured Notes See $1.6 Billion Wipeout
(Bloomberg) -- Retail traders in Hong Kong were dealt a blow as $1.55 billion of leveraged derivatives were wiped out during the recent stock slump, exacerbating market volatility and highlighting the risk of the popular structured product. Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investors’ Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted From Further Max Production Increases by FAAHow Yemen’s Houthi Attacks Are Hurting the Global Supply