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Kioxia Leveraged Product Debuts in HK After One Year Hiatus

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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.
Kioxia (ORG) HK (LOCATION) Kioxia Holdings Corp. (ORG) Hong Kong (LOCATION) SK Hynix Inc. (ORG) Max (PERSON) Japanese (ORG)
Originally published by Bloomberg Markets Read original →