Bonus Enhanced Note on TSMC, Baidu, JP Morgan

Underlying: TSMC, Baidu, JP Morgan
Strike: 92%
Digital strike: 100%
Flat coupon: 11.36%
Tenor: 3 months
Ccy: USD
Enter at market open

Clients will earn absolute return of 11.36% at the end of 3 months if all the underlying stocks are at or above entry price (digital strike).

Annualised return is 45.44%.

Risk is converting to worst performing stock at 92%.