Following the launch of its debut Lion equity linked notes ELN in January, ING has rolled out a second series of the ELN in Hong Kong.
Similar to the January series one offering, ING has included an equally weighted stock basket of some of the territory's bluest-chips. The second series offers a potential return of 40.92% and a minimum total coupon payment of 11% over the two-year tenor of the investment.
Whereas the first round drew its upside potential from a sectorally diverse basket, the second series of the Lion equity linked notes consist of five Hong Kong financial and property firms that include Cheung Kong Holdings,...