GJ Warrants

The Structured Products are Non-collateralised

Terms & Indicator

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25229 GJ-HSBC@EC2607B Real Time Quote

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Volume

Implied Volatility Data (10D)

Date (Y-M-D)	Last	Implied Volatility (%)	Warrants Avg IV (%)
2026-02-27	0.270	26.62	31.27
2026-02-26	0.240	27.04	31.20
2026-02-25	0.196	26.81	27.22
2026-02-24	0.150	29.78	33.59
2026-02-23	0.152	29.36	32.49
2026-02-20	0.143	29.68	34.19
2026-02-16	0.150	29.38	33.37
2026-02-13	0.174	29.29	33.17
2026-02-12	0.223	28.72	31.23
2026-02-11	0.226	28.51	30.93

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.