Product Terms
| Underlying | 9988 + 9888 |
| Type | Basket Autocallable |
| Settlement | Basket Autocallable-Quanto, MYR settlement |
| Strike | 100.0% |
| Knock-Out | 105.0% |
| Knock-In | 70.0% |
| Coupon | 11.1% p.a. |
| Tenor | 9 months |
| Trade Date | 8 Oct 2026 |
| Sales Open | 2 Oct 2026 |
| Sales Close | 7 Oct 2026 |
| Min Investment | USD 50,000 |
| KO Stepdown | 3.0% / monthly |
How It Works
At any monthly observation, if the worst-performing stock (worst-performing stock in the basket) closes at or above 105.0% of strike, the note is called early. You receive full principal + accumulated 11.1% p.a. coupon.
The worst-performing stock never breaches 70.0% of strike during the tenor, and never triggers KO. At maturity, you receive full principal + 11.1% p.a. coupon.
The worst-performing stock drops below 70.0% of strike at any point during the tenor, triggering knock-in. At maturity, if the worst-performing stock is still below 100.0% of strike, you receive shares (or cash equivalent) at the depressed price. Capital loss possible.
KO Stepdown Schedule
| Observation | KO Level |
|---|---|
| Month 1 | 105.0% |
| Month 2 | 102.0% |
| Month 3 | 99.0% |
| Month 4 | 96.0% |
| Month 5 | 93.0% |
| Month 6 | 90.0% |
| Month 7 | 87.0% |
| Month 8 | 84.0% |
| Month 9 | 81.0% |
Basket — Worst-Of Mechanism
This is a 2-stock basket autocallable. All knock-out and knock-in observations are based on the worst-performing stock in the basket at each observation date.
Even if 1 of the 2 stocks are performing well, a single underperformer can prevent knock-out or trigger knock-in. The higher coupon compensates for this additional risk.
Price Charts
Stock Analysis
China's largest e-commerce and cloud platform expanding rapidly into AI. Cloud intelligence division showing strong growth with AI model deployment. Government stimulus and manufacturing PMI recovery (50.4) support the broader China tech rebound.
Chinese search engine and AI leader with ERNIE Bot LLM platform. Autonomous driving unit Apollo Go expanding robotaxi operations. AI cloud revenue growing as enterprises adopt generative AI solutions.