CSOP Hang Seng Tech Index Daily (-2x) Inverse Product (07552.HK) Rises 1.36%, Turnover Reaches HKD 597 Million

Newtimespace News: As of 15:00 on August 18, CSOP Hang Seng Tech Index Daily (-2x) Inverse Product (07552.HK) stood at HKD 1.638, up 1.36%. The product opened at HKD 1.628, with the latest net asset value (NAV) at HKD 1.623, a discount of 0.44%, a 52-week high of HKD 2.152, a 52-week low of HKD 1.018, a turnover of approximately HKD 597 million, and assets under management of approximately HKD 2.775 billion.

CSOP Hang Seng Tech Index Daily (-2x) Inverse Product (07552.HK) is a leveraged inverse product that aims to provide two times inverse (-2x) the daily performance of the Hang Seng Tech Index. The manager of the fund is CSOP Asset Management Limited. The investment objective of the product is to provide investment results closely tracking twice the inverse (-2x) of the daily performance of the Index before deduction of fees and expenses. The product does not seek to achieve its stated investment objective over a period of more than one day.

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