CSOP SK Hynix 2x Leveraged ETF (07709.HK) rose 10.54%, with the latest price at HKD 47.180

As of 15:15 on April 27, according to Newtimespace, the CSOP SK Hynix 2x Leveraged ETF (07709.HK) rose 10.54%, with the latest price at HKD 47.180, a high of HKD 49.000, a low of HKD 46.600, an average price of HKD 47.684, assets under management of approximately HKD 25.77 billion, a latest net asset value of HKD 42.663, and a premium of 0.04%.

The CSOP SK Hynix 2x Leveraged ETF (07709.HK) is a leveraged ETF that seeks to provide twice the daily return of SK Hynix common stock. SK Hynix is a global leader in semiconductor manufacturing, specializing in memory chips. The product uses derivatives such as swap contracts and futures to achieve leveraged exposure. Due to the compounding effect, its long-term returns may deviate from twice the cumulative return of the underlying stock.