CSOP HSCEI 2x(07288.HK) up 2.27%, Jan-Aug industrial profits up 15.7%

NewTimeSpace News: As of 09:51 HKT on September 28, 2026, CSOP Hang Seng China Enterprises Index Daily (2x) Leveraged Product (07288.HK) rose 2.27% intraday to HK$2.794, with turnover of HK$2.3459 million and a turnover rate of 1.08%.

NewTimeSpace understands that the ETF, managed by CSOP Asset Management Limited, is a leveraged index investment product that tracks the Hang Seng China Enterprises Index with daily 2x leverage, covering Chinese mainland enterprises listed in Hong Kong. As of 09:51 HKT on September 28, 2026, the ETF had assets of HK$213 million, a net asset value of HK$2.740 per unit and a board lot of 100 units.

On the news front, data published by the National Bureau of Statistics showed that profits of industrial enterprises above designated size rose 15.7% year on year to RMB5.27198 trillion in the first eight months of 2026, with revenue up 6.6%; manufacturing profits rose 17.4% and profits of state-controlled enterprises rose 10.3%. Yu Weining, chief statistician of the NBS Department of Industry, said the expansion of new technologies represented by artificial intelligence drove electronics industry profits up 1.1 times, contributing 62.0% of overall profit growth, while profits of high-tech manufacturing above designated size rose 54.7%; in August, industrial profits grew 4.2% on a high base a year earlier.

CICC noted in its fourth-quarter sector allocation strategy report that Hong Kong-listed companies' profits rose 18.2% year on year in the first half, led by semiconductors, raw materials and insurance with growth of 335%, 87% and 73% respectively, while consumer sectors such as autos and food & beverages saw profit declines of 20% to 50%.

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