Macquarie Bank Ltd Warrant on Sino Biopharmaceutical Limited is a European-style call derivative warrant issued by Macquarie Bank Ltd. It provides investors exposure to the performance of Sino Biopharmaceutical Limited, a leading Hong Kong-listed pharmaceutical company focused on modernized Chinese medicines, chemical medicines, and innovative drug development in oncology, liver diseases, respiratory conditions, and analgesia. This standard, non-collateralized, cash-settled warrant features a strike price of HKD 9.777, an entitlement ratio of 5 warrants per underlying share (conversion ratio 0.2), and trades in HKD with a board lot size of 5,000 warrants. Launched on December 16, 2025, and listed on December 19, 2025, it matures on November 23, 2026, with a total issue size of 66,670,000 warrants and an initial issue price of HKD 0.150. As a structured product, it enables leveraged participation in the underlying stock's price movements above the strike, subject to time decay and volatility influences, playing a role in derivatives markets for tactical trading and hedging strategies tied to the healthcare sector.
Contact Information
Address: -
Phone: -