CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (07226.HK) Rises 3.10% Intraday as Huawei Details Kirin 9050 Logic-Folding Chip

NewTimeSpace News: As of 11:46 on October 14, the CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (07226.HK) rose 3.10% to a latest price of HK$2.660. The product has traded 120 million shares so far today for a turnover of HK$313 million at an average price of HK$2.611, with a turnover rate of 2.78%. It is up 0.53% so far this week. Its current net asset value per unit is HK$2.586, and its assets under management stand at HK$11.12 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 13, 2026; the week-to-date change is measured against the closing price of HK$2.646 on October 9.)

On the news front, Huawei held its first dedicated Kirin chip technology briefing in six years in Shanghai on October 13, setting out the production progress of its "logic folding" technology. The Kirin 9050 series is the first to put the technology into mass production, with transistor density up 53.5%, more than 50 million hybrid bonds and more than 5 million effective signal interconnects; the company also said its 2027 Kirin chip has entered testing with results so far meeting expectations, and that cumulative shipments of terminal products based on Kirin chips have exceeded 100 million units since 2023.

CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (07226.HK) is a two-times leveraged product under the CSOP Leveraged and Inverse Series. Its investment objective is to provide investment results that, before fees and expenses, closely correspond to twice (2x) the daily performance of the Hang Seng TECH Index; it is limited to daily performance and is not designed to be held for more than one day. Listed on December 10, 2020 with a management fee of 1.6% a year, the product uses a swap-based synthetic simulation strategy, rebalances its holdings daily, and its net derivative exposure does not exceed 200% of its net asset value.

GF Securities believes Hong Kong stocks may see a phased repair window in the near term, but a profit inflection for internet leaders has yet to be confirmed and the medium-term picture remains broadly range-bound; a sustained move higher requires a substantive fall in US Treasury yields and a breakthrough in AI applications.