CSOP Samsung Electronics Daily (-2x) Inverse Product (07347.HK) Falls 5.33% to HKD 0.639

NewTimeSpace News: As of 13:26 on September 8, CSOP Samsung Electronics Daily (-2x) Inverse Product (07347.HK) stood at HKD 0.639, down 5.33%. The product opened at HKD 0.646, with the latest net asset value (NAV) at HKD 0.662, a premium of 2.03%, a 52-week high of HKD 70.160, a 52-week low of HKD 0.617, a turnover of approximately HKD 30.5878 million, and assets under management of approximately HKD 146 million.

CSOP Samsung Electronics Daily (-2x) Inverse Product (07347.HK) is a leveraged inverse product that aims to provide two times inverse (-2x) the daily performance of ordinary shares of Samsung Electronics Co Ltd (Korea Exchange: 005930). The manager of the fund is CSOP Asset Management Limited. The investment objective of the product is to provide investment results that closely track twice the inverse (-2x) of the daily performance of the underlying stock 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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