Movement Alert｜CSOP 2x Leveraged Hang Seng Tech Falls 5.01% in Regular Trading, Hang Seng Tech Index Drops Over 2% on Broad Tech Selloff

Market Focus06-03

On June 3, CSOP 2x Leveraged Hang Seng Tech (07226) fell 5.01% in regular trading, trading at HKD 4.07/share, with trading volume of HKD 654 million.

The decline was driven by a broad selloff across Hong Kong-listed technology stocks. The Hang Seng Tech Index extended its losses to over 2%, while the Hang Seng Index fell more than 1%. Major internet stocks retreated across the board, with Meituan dropping over 5%, Bilibili falling more than 4%, and Tencent, Alibaba, and JD.com each declining over 3%.

As a 2x leveraged product tracking the Hang Seng Tech Index, the ETF amplified the underlying index decline, resulting in a roughly 5% drop consistent with the leverage ratio applied to the benchmark movement.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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