Macquarie Bank Limited Warrant on New China Life Insurance Co., Ltd.

Macquarie Bank Limited Warrant on New China Life Insurance Co., Ltd. is a derivative financial instrument that provides leveraged exposure to the share price movements of New China Life Insurance Company Limited, a leading insurer in China. As a warrant, this asset allows investors to participate in the potential upside (or downside) of the underlying stock without owning it directly. The warrant grants the holder the right, but not the obligation, to buy (call warrant) or sell (put warrant) the underlying shares at a predetermined strike price on or before a specific expiry date. Issued by Macquarie Bank Limited, the warrant is designed with defined terms such as issue size, conversion ratio, and maturity, tailored to meet market demand for flexible trading and risk management tools. These warrants play a key role in facilitating tactical positioning for investors, allowing for portfolio diversification, hedging strategies, or opportunistic trading linked to the performance of New China Life Insurance Co., Ltd. In Hong Kong's active warrants market, such instruments contribute significantly to liquidity and enable access to a broader array of investment strategies surrounding the Chinese insurance sector.