HKEX to launch Asia's first batch of individual stock leverage products to provide trading or hedging tools for popular US stocks during Asian trading hours
CSOP Asset Management announced that it will list the first nine individual stock leveraged and inverse products (L&I products) in Asia on the Hong Kong Stock Exchange on March 24, providing investors with convenient trading or hedging tools for popular US stocks during Asian trading hours. Specifically, this batch of products includes daily leverage (2x) and daily inverse (-2x) products for four individual stocks, including Nvidia, Tesla, Coinbase, and MicroStrategy, as well as Berkshire's daily leverage (2x) product. It is reported that this batch of products uses a swap-based synthetic simulation strategy to track twice the daily performance of the target stock and twice the inverse of the daily performance (before deducting fees and expenses). With the launch of the product, Hong Kong has become the first market in Asia to issue such products, and Asian investors can respond flexibly to US after-hours news during Asian trading hours. Previously, from 2022 to 2024, the assets under management of US individual stock L&I products increased from US$379 million to US$18 billion, an increase of 4,655%.