CSOP Samsung Electronics Daily (-2x) Inverse Product (07347.HK) Rose 8.51%, with the Latest Price at HKD 0.102

Newtimespace News： As of 11:27 on May 20, the CSOP Samsung Electronics Daily (-2x) Inverse Product (07347.HK) rose 8.51%, with the latest price at HKD 0.102, a high of HKD 0.103, a low of HKD 0.090, an average price of HKD 0.098, assets under management of approximately HKD 77 million, a latest net asset value of HKD 0.096, and a discount of 1.57%.

The CSOP Samsung Electronics Daily (-2x) Inverse Product (07347.HK) is a leveraged inverse ETF that seeks to provide twice the inverse daily return of Samsung Electronics common stock. Samsung Electronics is a global leader in semiconductor and electronics manufacturing. 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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