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Structured Products are non-collateralised products. If the Issuer and its guarantor are insolvent or default, investors may not recover part or all of the amount due. The warrants and callable bull/bear contracts are structured products which involve derivatives. Do not invest in them unless you fully understand and are willing to assume the risks associated with them.
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Non-collateralised Structured Products
街貨量是影響認股證（窩輪）價格的市場因素。發行人發行窩輪時，會決定發行的份數，當產品上市後，投資者持有的窩輪份數便是「街貨」或「街貨量」。
若某認股證街貨量為60%，即投資者持有總發行份數的60%，發行商則持有其餘40%。
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