CSOP Coinbase Daily (-2x) Inverse Product (07311.HK) Rises 3.60%, AUM Reaches HKD 14.09 Million

NewTimeSpace News: As of 14:06 on September 8, CSOP Coinbase Daily (-2x) Inverse Product (07311.HK) stood at HKD 6.330, up 3.60%. The product opened at HKD 6.095, with the latest net asset value (NAV) at HKD 6.116, a discount of 0.09%, a 52-week high of HKD 29.580, a 52-week low of HKD 5.725, a turnover of approximately HKD 278,600, and assets under management of approximately HKD 14.09 million.

CSOP Coinbase Daily (-2x) Inverse Product (07311.HK) is a leveraged inverse product that aims to provide two times inverse (-2x) the daily performance of ordinary shares of Coinbase Global, Inc. (NASDAQ: COIN). 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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