GJ Warrants

The Structured Products are Non-collateralised

Terms & Indicator

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18125 GJ-HKEX@EP2512A Real Time Quote

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Volume

Implied Volatility Data (10D)

Date (Y-M-D)	Last	Implied Volatility (%)	Warrants Avg IV (%)
2025-07-18	0.097	36.43	33.65
2025-07-17	0.102	36.32	33.83
2025-07-16	0.109	36.54	35.05
2025-07-15	0.109	37.15	34.01
2025-07-14	0.116	37.03	35.33
2025-07-11	0.116	37.20	34.96
2025-07-10	0.142	37.32	33.47
2025-07-09	0.145	36.98	33.51
2025-07-08	0.135	37.31	33.20

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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.