Choosing a different path

Hong Kong’s warrants houses have been churning out new issues at a frenetic pace since the market burst back into life in late-January. With more than 270 warrants issued so far, and a handful of issuers dipping their toes into the market for the first time in years, it seems the stage is set for a record-breaking 2002. But with so much choice available to Hong Kong’s small investor base, issuers