CSOP SK Hynix Daily (2x) Leveraged Product(07709.HK) surged 6.28% to HKD 97.760
Newtimespace News, as of 10:29 on May 13, CSOP SK Hynix Daily (2x) Leveraged Product(07709.HK) was quoted at HKD 97.760, up 6.28%. The ETF opened at HKD 95.040, with a high of HKD 98.900 and a low of HKD 95.040. The latest NAV per unit is HKD 90.402, with a premium rate of 1.75%. The asset size is approximately HKD 48.457 billion.
CSOP SK Hynix Daily (2x) Leveraged Product(07709.HK) is a leveraged ETF that tracks an index linked to the share price performance of the South Korean tech giant SK Hynix. The investment objective of this product is to provide a return equivalent to twice the daily return of the underlying asset. As a leading global semiconductor manufacturer, SK Hynix holds a core position in the DRAM and NAND flash memory markets. Its share price performance is highly correlated with the global semiconductor industry cycle and artificial intelligence (AI) demand. Such leveraged products are suitable for short-term tactical trading, but investors should be aware of the amplified volatility risks associated with leverage.
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