香港证监会优化单日杠杆及反向产品的监管框架以确保市场有序交易

Odaily Planet Daily reports that the Hong Kong Securities and Futures Commission (SFC) today issued a revised circular requiring leveraged and inverse products, whose capacity is highly susceptible to market changes, to adopt a flexible leverage structure. Under this structure, the leverage multiple can be adjusted daily within the existing caps (i.e., 2x for leveraged products and -2x for inverse products). Therefore, product providers can lower the target leverage multiple of these products when necessary, providing greater room to manage the products during periods of high trading volume. The leverage multiple for the next trading day will be disclosed after the daily market close. This potential daily adjustment of the leverage multiple also helps deepen investors' understanding that leveraged and inverse products are single-day products, reminding them that these products are not suitable for holding for more than one day. (Hong Kong Securities and Futures Commission)