CSOP MicroStrategy Daily (-2x) Inverse Product (07399.HK) Rose 5.12%, with the Latest Price at HKD 26.280

Newtimespace News： As of 11:34 on May 19, the CSOP MicroStrategy Daily (-2x) Inverse Product (07399.HK) rose 5.12%, with the latest price at HKD 26.280, a high of HKD 26.440, a low of HKD 26.100, an average price of HKD 26.211, assets under management of approximately HKD 33 million, a latest net asset value of HKD 26.101, and a discount of 4.22%.

The CSOP MicroStrategy Daily (-2x) Inverse Product (07399.HK) is a leveraged inverse ETF that seeks to provide twice the inverse daily return of MicroStrategy common stock. MicroStrategy is a software company with a significant focus on Bitcoin holdings. 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 inverse cumulative return of the underlying stock.

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