Business & Finance
Kioxia Leveraged Product Debuts in HK After One Year Hiatus
Key Points
Kioxia Leveraged Product Debuts in HK After One Year Hiatus A leveraged product tracking Kioxia Holdings Corp. debuts in Hong Kong on Tuesday, the first such single-stock instrument in the city since a similar SK Hynix Inc. product helped trigger extreme volatility in the underlying stock and drew market scrutiny. The CSOP KIOXIA Daily Max 1.25x Leveraged Product aims to deliver a target leverage ratio capped at 1.25 times the daily performance of the Japanese memory-chip maker’s common...
Kioxia Leveraged Product Debuts in HK After One Year Hiatus
A leveraged product tracking Kioxia Holdings Corp. debuts in Hong Kong on Tuesday, the first such single-stock instrument in the city since a similar SK Hynix Inc. product helped trigger extreme volatility in the underlying stock and drew market scrutiny.
The CSOP KIOXIA Daily Max 1.25x Leveraged Product aims to deliver a target leverage ratio capped at 1.25 times the daily performance of the Japanese memory-chip maker’s common shares, using a swap-based synthetic replication strategy. The ratio is lower than that of other single-stock leveraged products listed in Hong Kong that offer up to two times exposure.