SG-HSI @EP2606A is a standard European-style put derivative warrant issued by SG Issuer, linked to the Hang Seng Index (HSI). It provides investors with leveraged exposure to potential declines in the HSI, a key benchmark tracking major companies in Hong Kong's equity market, including finance, technology, and property sectors. Key features include a strike price of 24,278 points, an entitlement ratio of 6,600 (meaning 6,600 warrants correspond to one point of the underlying index), and a board lot size of 10,000 warrants. Launched on December 30, 2025, and listed on January 5, 2026, it matures on June 29, 2026, with cash settlement at expiry. Priced initially at HKD 0.150 and traded in Hong Kong dollars, this warrant exhibits an implied volatility around 24.36% and supports market liquidity through SG Securities (HK) Ltd as the provider. With a total issue size of 250 million warrants, SG-HSI @EP2606A facilitates tactical trading strategies in the volatile Asian equity derivatives space.
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