GJ Warrants

The Structured Products are Non-collateralised

CBBC Education

牛熊證槓桿比率 (*Chinese version only)

牛熊證的對沖值相當接近一，其變化亦很少，而牛熊證的槓桿比率，就等同它的實際槓桿。
因此投資者一般可直接利用槓桿比率來預計牛熊證價格的變動。計算牛熊證槓桿比率的算式為：

牛熊證槓桿比率 = 相關資產價格 /（牛熊證價格X 換股比率）

Information Provided by DB Power Online Limited [Disclaimer]

Structured Products are non-collateralised products. If the issuer or guarantor is insolvent or defaults,
investors may not recover part or all of the amount due.

We will make available the listing documents and announcements in printed form during usual business hours on any weekday (Saturdays, Sundays and holidays excepted) at 27/F., Low Block, Grand Millennium Plaza, 181 Queen’s Road Central,Hong Kong to holders of our listed structured products free of charge upon request.