SG launches China equity note

The French bank's latest structured note gives investors four chances to book a 20% annual return.

Societe Generale is offering a one-year equity-linked note for investors who reckon that China's equity markets have turned the corner. Maybe.

This latest offering in the SG Excel Notes series promises to call early and pay an immediate 5% return if any one of the four underlying China stocks has risen by the end of the note's first quarter. Investors might not have liked that bet as recently as a month ago but some Hong Kong punters are now sensing...

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