J.P. Morgan to Launch Hong Kong Listed CBBCs Linked to U.S. Indices

J.P. Morgan announced the launch of new callable bull/bear contracts (CBBCs) linked to the three major U.S. indices, including S&P 500, Nasdaq 100, and Dow Jones Industrial Average. The new CBBCs will begin trading on the Hong Kong Exchange on February 9, offering investors broader investment opportunities to gain exposure to the U.S. market during local trading hours.

"Since launching our U.S. Indices Warrants in 2020, we have seen an increasing demand for U.S.-based derivative products. The newly issued CBBCs are expected to provide investors with additional investment tools to gain access to the world's largest stock market during Asia friendly hours. It is an alternative investment opportunity for investors with different risk appetite to further diversify or hedging their portfolios," said Cedric Cheung, Head of Listed Structured Products Sales for Asia at J.P. Morgan.

"We are excited to continue our momentum as a leading issuer of derivative products in Hong Kong and are committed to working closely with the regulators to broaden the variety of derivative products offerings to meet the demands of Hong Kong investors," said Yowjie Chien, Head of Global Options Electronic Client Solutions and Global Warrants at J.P. Morgan.