CSOP Hang Seng TECH Daily (-2x) Inverse Product (07552.HK) Rises 3.33% Intraday as Hang Seng TECH Index Reverses Lower

NewTimeSpace News: As of 15:19 on October 27, the CSOP Hang Seng TECH Daily (-2x) Inverse Product (07552.HK) rose 3.33% to a latest price of HK$2.484. The product has traded 124.41 million units so far today for a turnover of HK$303 million at an average price of HK$2.436, with a turnover rate of 16.00%. It is up 4.11% so far this week. Its current net asset value per unit is HK$2.4070, and its assets under management stand at HK$1.872 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 26, 2026; the week-to-date change is measured against the closing price of HK$2.386 on October 23.)

On the news front, the Hang Seng TECH Index opened 0.74% higher at 3,886.18 on October 27 before reversing, touching an intraday low of 3,796.21 and standing at 3,796.73, down 1.58%, as of 15:07; last week (October 19 to 23) the index fell 5.76%, briefly losing the 3,800 level. Tech names mostly declined, with Xiaomi down 4.16%, NetEase 3.19%, Li Auto 2.56% and Meituan 2.36% at the midday close, while semiconductors and hardware equipment bucked the trend — ASMPT gained 4.92%, with Hua Hong Semiconductor, SMIC, Lenovo and Tianshu Zhixin also higher. Large-model stocks were mixed: Zhipu rose as much as 11% intraday to HK$564.5 on turnover above HK$1.7 billion, while MiniMax gained nearly 6% to HK$180.4. Separately, AI company Anthropic has formally filed its S-1 to list on Nasdaq under the ticker "ANT" and plans to float in the week of November 16, targeting a valuation of up to US$2 trillion.

The CSOP Hang Seng TECH Daily (-2x) Inverse Product (07552.HK) is CSOP's daily inverse (-2X) product on the Hang Seng TECH Index, listed on December 10, 2020, with the investment objective of providing investment results that closely correspond, before fees and expenses, to two times the daily inverse (-2x) performance of the Hang Seng TECH Index; it seeks daily performance only and is not intended to be held for more than one day. The product uses a swap-based replication strategy, has the Hong Kong dollar as both base and trading currency, trades in board lots of 100 units, and carries a management fee of 1.6% a year and an ongoing charges ratio of 1.64%.

CICC believes artificial intelligence has reached a critical juncture, drawing resources from the wider economy to fund its development, with both China and the United States facing a balance between capital expenditure and returns; the key to AI's trajectory lies in model iteration and the delivery of new business models. Large-model capabilities continue to break through, with coding, agents and multimodality as the main iteration threads, and AI commercialisation is moving from tool trials to deep embedding in production processes.