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主题:del -- 厚积薄发
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复 del
Which part of my comments you don't agree?
For the investor, the loss is floored. All he/she has is upside. That's what I mean by 稳赚不赔。For the bank, it's a simple structured product which can and will be fully hedged with its IB's equity desk. It's P&L is fixed regardless which direction the index goes.
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