CSOP MicroStrategy Daily (-2x) Inverse Product (07399.HK) Rises 10.16%, AUM Reaches HKD 22.94 Million
NewTimeSpace News: As of 14:26 on September 10, CSOP MicroStrategy Daily (-2x) Inverse Product (07399.HK) stood at HKD 17.560, up 10.16%. The product opened at HKD 16.600, with the latest net asset value (NAV) at HKD 17.625, a discount of 9.56%, a 52-week high of HKD 137.750, a 52-week low of HKD 15.200, a turnover of approximately HKD 3.344 million, and assets under management of approximately HKD 22.94 million.
CSOP MicroStrategy Daily (-2x) Inverse Product (07399.HK) is a leveraged inverse product that aims to provide two times inverse (-2x) the daily performance of ordinary shares of MicroStrategy Incorporated (NASDAQ: MSTR). 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 MicroStrategy's ordinary shares 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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