南方东英回应市场疑虑：预计两倍做多海力士维持两倍杠杆

Odaily News: Recently, CSOP's 2x Long SK Hynix product (07709.HK) has become a market focus due to sharp price fluctuations. As of July 30, SK Hynix had fallen 49% from its June high, while the net value of the 2x Long SK Hynix product cumulatively declined by over 80%, with its AUM shrinking from HKD 130 billion by approximately HKD 100 billion. After the Hong Kong Securities and Futures Commission issued new regulations last week, CSOP announced this Monday that, effective August 3, its leveraged and inverse products linked to 12 popular overseas stocks—including SK Hynix, Samsung Electronics, Tesla, and Nvidia—will fully transition to a "flexible leverage structure." This move has drawn investor skepticism, as if the manager proactively reduces leverage, and SK Hynix rapidly rebounds later, the ETF's net value recovery would significantly slow down, extending the break-even period for those who bought at high levels.

On the evening of July 30, CSOP responded to market doubts about the product switching to a "flexible leverage structure" and potentially reducing leverage, stating that under current market conditions, the product is expected to maintain 2x leverage, and the fund manager will not proactively adjust leverage levels based on their own market views. CSOP emphasized that after the relevant changes take effect, it will publish announcements on the target leverage multiple before market open on each trading day. For this product specifically, the announcement will be issued after market close on July 31, and investors are advised to pay close attention. (21st Century Business Herald)