CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK) Rose 13.39%, with the Latest Price at HKD 104.300
Newtimespace News: As of 13:14 on May 13, the CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK) rose 13.39%, with the latest price at HKD 104.300, a high of HKD 104.500, a low of HKD 95.040, an average price of HKD 98.219, assets under management of approximately HKD 48.45 billion, a latest net asset value of HKD 90.402, and a premium of 1.75%.
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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