Autocallable With Memory — 28.12% P.A. — 12 months
OPENDOOR TECHNOLOGIES,CHINA VANKE,COUNTRY GARDEN

Underlyings

TICKER
price
Estimates — Buy / Hold / Sell
OPENDOOR TECHNOLOGIES
19.19
67 / 33 / 0
CHINA VANKE
21.15
50 / 50 / 0
COUNTRY GARDEN
8.31
96 / 4 / 0

Details

type
autocallable
status
ready for issue
currency
usd
delivery
physical

Protection

barrier type
european
barrier
70%

Autocall

autocall trigger
100%
observation frequency
quarterly
redemption amount
100%
first obs. in
3 months
autocall step down
100%

Coupon

coupon type
conditional
coupon frequency
quarterly
coupon memory
yes
coupon barrier
70%
coupon per annum
28.12%

Coupon & redemption mechanism

At each quarterly observation
If the worst performer is above the Autocall Trigger Level
YES
early redemption: the product redeems at 100%
NO
no early redemption: the product continues
If the worst performer is above the Coupon Barrier Level
YES
coupon: 7.030%
NO
0%, coupon will be paid if one of the next coupon observations condition is validated
At maturity
If the worst performer is above the protection barrier
YES
THE investors receives the physical delivery of shares oof the worst performer as the strike price (or its equivalent in cash)
no
the investor recives the physical delivery of shares of the worst performer at the strike price (or its equivalent in cash)