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HSBC responds to local investor demand

HSBC responds to local investor demand

(12 May 2010 – Australia) HSBC has launched the HSBC 100+ Series China Region Investment, designed to provide Australian investors with access to the growth potential of equity markets in some of Asia’s fastest growing economies. The new structured investment product, offering capital protected exposure to equity indices in China, Hong Kong and Taiwan with a 5-year investment term, is the fourth product in HSBC’s 100+ Series of structured investment products.

It will be distributed by independent distributors as well as directly through HSBC Bank Australia and its financial planners. The product has also been reviewed by Lonsec and given a ‘Recommended’ rating.

Ian Collins, head of sales in Global Markets for HSBC Bank Australia, said in a statement that the China Region Investment is responding to local investor demand for investments that provide access to the outstanding growth potential in emerging markets, in particular, Greater China.

It’s designed for investors who want to access the upside exposure of the Chinese growth story with the security of full capital protection in the event of market corrections. It’s also distinct in its ability to give investors a choice between receiving returns as capital growth or as regular income, catering to different cash flow needs, Mr Collins added.

Supported by strong Chinese consumption, HSBC expects both China and Hong Kong’s equity markets to trend up in 2010 as China’s wealth continues to rise. Similarly, Taiwan’s equity market is expected to outperform as cross-strait political tensions thaw. The China Region Investment gives Australian investors access to that upside potential, Mr Collins noted.
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