China bulls buy record yuan structured notes

Investors turning bullish on China are buying record amounts of structured notes tied to the yuan as the country recovers from a two-year economic slowdown.

Individual investors in the United States bought US$79.9 million of notes since last month that rise and fall in value based on swings in the offshore yuan.

The nine notes created by HSBC use the highest leverage for such securities to generate yields as much as five times more than the yuan's appreciation.

via Business feed http://www.scmp.com/business/china-business/article/1138782/china-bulls-buy-record-yuan-structured-notes