GJ Warrants

The Structured Products are Non-collateralised

Terms & Indicator

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23637 GJ-HSI @EC2605A Real Time Quote

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Turnover

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Low
Volume

Implied Volatility Data (10D)

Date (Y-M-D)	Last	Implied Volatility (%)	Warrants Avg IV (%)
2025-12-30	0.124	20.53	20.96
2025-12-29	0.117	21.00	29.53
2025-12-24	0.128	20.82	20.69
2025-12-23	0.127	20.92	20.84
2025-12-22	0.130	21.00	20.36
2025-12-19	0.126	20.96	20.23
2025-12-18	0.116	20.82	20.43

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.

Guotai Junan International is a member of the Guotai Haitong Group.