Diamonds are for one or two years

KBC is offering two new notes - a red one and a blue one - based on Hong Kong stocks

KBC, which specialises in convertible securities, equity and fund derivatives and structured credit products, is offering in Hong Kong two notes that could yield double the upside of the best performing share of specific Hong Kong-listed stocks.

The offer is available until 9 September. One product, the KBC blue diamond notes uses Cheung Kong, HSBC and Sun Hung Kai Properties as the underlying notes. The second product is called KBC red diamond notes and it uses PetroChina, Sinopec Corp. and China Mobile as its underlying notes.

For both notes the minimum investment is HK$10,000 or $1,000 and it is for at least one year,...

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