CSOP SK Hynix Daily (2x) Leveraged Product(07709.HK) Fell 15.30% to 88.940

Newtimespace News, as of 13:24 on May 14, CSOP SK Hynix Daily (2x) Leveraged Product(07709.HK) was quoted at HKD 88.940, down 15.30%. The product opened at HKD 103.800, with a high of HKD 104.000 and a low of HKD 87.900. The latest Net Asset Value (NAV) per unit is HKD 103.023, with a premium rate of 1.92%. The asset size is approximately HKD 56.809 billion.

CSOP SK Hynix Daily (2x) Leveraged Product(07709.HK) is a Leveraged and Inverse Product issued by CSOP Asset Management, primarily tracking the share price performance of the South Korean individual stock SK Hynix. The product employs a synthetic replication strategy using swaps, with the investment objective of providing, before fees and expenses, investment returns equivalent to two times (2x) the daily performance of SK Hynix ordinary shares. SK Hynix is a global leading semiconductor manufacturer holding a core position in the Dynamic Random-Access Memory (DRAM) and NAND flash memory markets. Its share price movement is highly correlated with the global semiconductor industry cycle and the demand for Artificial Intelligence (AI) computing power.

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