CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (Ticker: 7226.hk) And CSOP Hang Seng Tech Index Daily (-2x) Inverse Product (Ticker: 7552.hk) To List On The HKEX

HONG KONG, Dec 9 (Bernama-BUSINESS WIRE) — Building on the phenomenal success achieved by its CSOP Hang Seng TECH Index ETF (ticker: 3033.hk), CSOP Asset Management Limited (“CSOP”) continues to bring a pair of Hang Seng TECH index-tracking products – CSOP Hang Seng TECH Index daily (2X) leveraged product (ticker: 7226.hk) and CSOP Hang Seng Tech Index daily (-2x) inverse product (ticker:7552.hk) on Hong Kong Stock Exchange. To supplement CSOP Hang Seng TECH Index ETF (ticker: 3033.hk), which was launched to help investors catch the long-term investment opportunities brought by the fast growing technology sector and the increasing number of technology companies that are listed in Hong Kong, 7226.hk and 7552.hk aim to help investors handle the short-term volatility of technology sector. With listing price at around HKD 7.75 per unit of 7226.hk and 7552.hk, trading lot of 100 and management fee of 1.60%, CSOP Hang Seng TECH Index leveraged and inverse products will start to trade on December 10, 2020. Upon list, 7226.hk and 7552.hk has received USD 14million, HKD 110million equivalent initial investment respectively.

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