$Direxion Daily FTSE China Bul

China's stock market has surged recently, turning the 3x leveraged ETF YINN into a hot product that’s drawing in a wave of short-term speculators.

However, products like these carry extreme risks. Investors who bought YINN in early October have already seen losses close to 50% in just over ten days. In fact, YINN’s price was as high as 1,370 back in 2015, but now it’s only 35—a drop of nearly 98%.

Leveraged ETFs tend to erode to zero during market stagnation or downturns, so the idea of “easy gains” through high leverage is practically impossible.

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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