CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK) rose 2.63%, with the latest price at HKD 48.300

As of 14:07 on April 28, according to Newtimespace, the CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK) rose 2.63%, with the latest price at HKD 48.300, a high of HKD 50.100, a low of HKD 48.060, an average price of HKD 49.008, assets under management of approximately HKD 27.49 billion, a latest net asset value of HKD 47.523, and a discount of 0.97%.

The CSOP SK Hynix Daily (2x) Leveraged Product (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.

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