Non-collateralized Nature of Structured Products

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Macquarie's Focus

Stock Warrants

Warrants Code Underlying Call/Put Strike Maturity Date
(D-M-Y)
Last Effective Gearing
(x)
Implied Volatility
(%)
17772 0001 CK Hutchison Call 66.89 23-12-2025 0.140 7.6 43.98%
18968 0011 HANG SENG BANK Call 141.89 03-11-2026 0.153 5.0 35.63%
14094 0175 GEELY AUTO Call 27.50 03-02-2026 0.084 5.4 54.27%
18719 0267 CITIC PACIFIC Call 16.89 02-06-2026 0.170 4.3 52.22%
18445 0412 HANDONG HI-SPEED HOLDINGS Call 26.39 20-01-2026 0.172 3.4 87.05%
14207 0762 CHINA UNICOM Put 7.77 31-12-2025 0.046 6.4 44.41%
16714 0823 LINK REIT Call 58.23 21-01-2026 0.170 8.5 38.44%
14767 0883 CNOOC Call 21.88 03-03-2026 0.116 8.5 30.20%
18296 0939 CCB Put 6.50 03-03-2026 0.130 9.0 26.86%
16422 0960 LONGFOR PPT Call 15.38 18-11-2025 0.115 3.4 114.21%
18407 1024 KUAISHOU TECHNOLOGY Put 41.02 27-02-2026 0.092 4.4 59.60%
17448 1093 CSPC PHARMA Call 13.39 03-03-2026 0.223 3.9 63.47%
18801 1336 NCI Put 28.89 30-01-2026 0.200 2.8 83.69%
18159 1347 HUA HONG SEMI Put 22.22 08-01-2026 0.085 3.1 91.90%
16516 1398 ICBC Call 7.00 31-12-2025 0.150 10.7 26.69%
28926 1415 COWELL Call 41.88 08-05-2026 0.183 2.0 112.50%
18504 1530 3SBIO Call 43.88 02-06-2026 0.211 1.8 126.33%
15973 1880 CTG DUTY-FREE Call 98.88 28-01-2026 0.119 3.3 92.65%
28852 1919 CHINA COSCO Call 19.19 05-01-2026 0.176 3.4 86.61%
26537 1928 SANDS CHINA LTD Call 22.22 03-10-2025 0.143 9.4 46.99%
16772 2013 WEIMOB INC Call 2.89 18-09-2026 0.270 1.4 151.88%
17105 2018 AAC ACOUSTIC Call 54.00 22-06-2026 0.206 2.5 74.17%
16794 2057 ZTO EXPRESS-SW Call 205.70 03-02-2026 0.202 3.3 79.66%
17923 2186 LUYE PHARMA Call 5.186 18-08-2026 0.161 2.4 78.08%
17331 2202 CHINA VANKE Call 8.888 30-06-2026 0.162 2.5 87.07%
18712 2238 GAC GROUP Call 4.888 28-01-2026 0.168 4.8 64.33%
15588 2269 WUXI BIO Call 52.69 04-11-2025 0.065 5.9 82.51%
18826 2359 WUXI APPTEC Call 147.89 30-01-2026 0.246 3.4 82.72%
26396 2688 XINAO GAS Call 84.88 03-03-2026 0.129 3.9 64.63%
16036 2840 SPDR GOLD TRUST Call 2,999.99 11-05-2026 0.081 10.5 22.05%
18720 3320 CHINARES PHARMA Call 7.332 02-12-2026 0.209 2.5 70.15%
16510 3328 BANKCOMM Call 10.88 28-11-2025 0.065 8.9 49.93%
18804 3750 CATL Call 618.89 03-02-2026 0.109 6.5 47.40%
19014 3800 GCL TECH Call 1.688 26-03-2026 0.180 2.8 85.89%
16593 3896 KINGSOFT CLOUD Call 11.11 18-11-2025 0.097 3.0 128.30%
29753 3900 GREENTOWN CHINA Call 13.18 31-12-2025 0.131 3.6 79.15%
18340 3908 CICC Call 29.08 15-01-2026 0.206 3.6 81.45%
17912 3968 CM BANK Call 72.88 29-12-2025 0.055 9.0 41.83%
14559 3988 BANK OF CHINA Call 5.78 03-02-2026 0.057 10.8 29.27%
14258 6030 CITIC SEC Call 44.04 31-12-2025 0.085 2.8 114.99%
17136 6060 ZA ONLINE Put 10.89 02-12-2025 0.118 2.1 121.05%
16344 6098 CG SERVICES Call 10.81 11-11-2025 0.084 4.2 101.15%
17914 6160 Beigene Call 288.89 28-01-2026 0.168 3.4 88.15%
16594 6936 SF HOLDING Call 69.36 18-11-2025 0.109 6.3 67.82%
17430 9688 ZAI LAB Call 36.89 28-08-2026 0.192 1.8 108.62%
18437 9698 GDS Call 59.70 20-01-2026 0.172 2.1 153.90%
16769 9868 XPENG Call 138.88 28-01-2026 0.062 4.7 69.74%
16591 9880 UB TECH ROBOTICS Call 168.88 18-11-2025 0.106 3.0 139.74%
29640 9901 NOEDU Call 65.88 03-03-2026 0.076 3.0 94.44%
17135 9992 POP MART Call 499.92 02-12-2025 0.105 5.7 77.50%