Three firms plan to start issuing Hong Kong warrants
Morgan Stanley, Citi and Guotai aim to grab a share of fast-growing market
Morgan Stanley and Citigroup are among firms preparing a move into Hong Kong’s $15 billion-a-day derivative warrants market, according to four industry sources. The Hong Kong arm of Chinese securities house Guotai Junan International is also set to enter the fray.
“Morgan Stanley are pretty much ready [to issue], but the market is not looking very promising at the moment,” says an executive with
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