SHKF repays minibond investors

Hong Kong-based Sun Hung Kai Financial (SHKF) has agreed to buy back all the Lehman Brothers credit-linked minibonds it sold to retail investors. The decision follows an investigation by the territory's Securities and Futures Commission into possible mis-selling of the structured credit instruments.

"After exploring various alternatives over several months, Sun Hung Kai Financial decided voluntarily to repurchase up to approximately HK$85 million ($11 million) in Lehman Brothers minibonds from ou

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: