GJ Warrants

The Structured Products are Non-collateralised

Terms & Indicator

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20373 GJ-SMIC@EC2604B Real Time Quote

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Low
Volume

Implied Volatility Data (10D)

Date (Y-M-D)	Last	Implied Volatility (%)	Warrants Avg IV (%)
2025-09-17	0.239	66.24	58.05
2025-09-16	0.189	65.30	57.50
2025-09-15	0.186	64.91	57.76
2025-09-12	0.187	65.33	58.45

Related GTJA Warrants and CBBCs

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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.