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
(%)
20747 0020 SENSETIME Call 3.898 18-12-2026 0.072 2.5 84.61%
29605 0027 GALAXY ENT Call 46.89 05-05-2026 0.140 7.6 38.56%
13643 0175 GEELY AUTO Call 26.89 30-04-2026 0.050 7.7 48.72%
22360 0179 JOHNSON ELEC H Call 48.89 26-10-2026 0.170 1.9 119.78%
20310 0241 CITIC 21CN Call 8.029 05-05-2026 0.057 4.5 73.58%
29613 0388 HKEX Call 600.00 03-07-2026 0.062 7.7 40.30%
22609 0688 CHINA OVERSEAS Call 18.99 26-11-2026 0.101 5.2 43.52%
22422 0697 SHOUCHENG HOLDINGS LTD Call 3.132 13-05-2026 0.105 4.6 71.32%
17567 0857 PETROCHINA Call 10.86 03-03-2026 0.056 12.3 40.56%
20516 0960 LONGFOR PPT Call 17.65 16-03-2026 0.051 3.9 116.14%
19875 0981 SMIC Put 36.89 04-05-2026 0.057 5.2 63.58%
22589 0992 LENOVO GROUP Call 13.93 23-09-2026 0.084 5.2 46.15%
17154 1093 CSPC PHARMA Call 9.99 30-04-2026 0.088 5.1 60.70%
20626 1138 COSCO SHIP ENGY Call 12.89 18-03-2026 0.074 6.3 61.61%
18903 1177 SINO BIOPHARM Call 11.77 03-08-2026 0.051 4.6 61.35%
25980 1347 HUA HONG SEMI Call 134.70 03-07-2026 0.043 3.6 85.78%
21988 1398 ICBC Call 7.388 02-06-2026 0.113 10.7 26.71%
18504 1530 3SBIO Call 43.88 02-06-2026 0.063 2.9 102.90%
22603 1618 MCC Call 3.888 20-05-2026 0.126 3.4 102.53%
21989 1772 GANFENG Put 29.58 20-04-2026 0.097 4.0 75.95%
22897 1801 INBIO Put 68.89 26-05-2026 0.194 2.3 78.44%
19516 1888 KB LAMINATES Call 18.89 18-05-2026 0.062 4.4 72.80%
19612 1928 SANDS CHINA LTD Call 28.89 01-04-2026 0.064 8.2 50.37%
22359 2050 SANHUA Call 48.89 20-10-2026 0.181 2.1 100.77%
19227 2097 MIXUE Call 666.67 09-07-2026 0.107 2.9 93.01%
20162 2099 CHINAGOLDINTL Call 209.90 09-03-2026 0.113 4.6 85.58%
23038 2202 CHINA VANKE Call 5.555 31-12-2026 0.179 2.1 95.44%
22358 2208 GOLDWIND Call 19.89 12-05-2026 0.185 3.1 95.81%
19300 2228 XTALPI HOLDINGS Call 12.23 18-03-2026 0.149 2.8 132.40%
23082 2238 GAC GROUP Put 3.00 02-06-2026 0.190 3.8 57.96%
18291 2282 MGM CHINA Call 19.55 03-07-2026 0.147 4.3 56.78%
22606 2359 WUXI APPTEC Call 158.36 25-06-2026 0.184 3.5 80.51%
19570 2628 CHINA LIFE Call 36.28 29-09-2026 0.204 4.8 43.40%
21598 2727 SH ELECTRIC Call 7.388 21-10-2026 0.084 3.2 73.44%
29061 2840 SPDR GOLD TRUST Call 4,000.00 10-02-2027 0.201 7.4 24.17%
20623 3750 CATL Put 306.89 01-04-2026 0.078 4.6 76.34%
21732 3888 KINGSOFT Call 53.89 27-04-2026 0.078 5.0 78.15%
23081 3896 KINGSOFT CLOUD Call 8.888 28-10-2026 0.198 1.8 122.48%
18957 3898 CRRC TIMES ELEC Call 48.89 04-02-2026 0.099 8.0 66.04%
21819 6030 CITIC SEC Call 50.89 27-04-2026 0.069 5.3 74.29%
22363 6088 FIT HON TENG Call 8.888 12-05-2026 0.154 2.7 119.21%
21731 6181 LAOPU GOLD Call 1,000.00 28-04-2026 0.093 4.0 82.60%
22273 6682 BEIJING FOURTH PARADIGM TECH Call 61.68 11-05-2026 0.123 3.0 100.82%
22365 6693 CHIFENG JILONG GOLD MINING Call 55.89 12-05-2026 0.186 3.9 87.40%
23184 6869 YOFC Call 68.69 04-06-2026 0.246 1.9 156.23%
21335 9618 JDCOM Call 154.98 24-07-2026 0.054 5.4 48.13%
22361 9660 HORIZON ROBOTICS INC Call 13.89 12-05-2026 0.208 3.1 102.75%
19286 9868 XPENG Put 66.67 03-03-2026 0.106 4.2 68.62%
22125 9961 TRIP.COM-S Call 808.89 06-05-2026 0.123 7.0 49.49%
17729 9992 POP MART Call 299.99 22-03-2027 0.055 2.8 63.48%