On October 8, CSOP Hang Seng TECH Index Daily (2x) Leveraged Product fell 5.12% in regular trading, trading at 2.522 HKD/share, with Turnover of 580 million HKD.
The decline was driven by the Hang Seng TECH Index accelerating its downward move in the afternoon, breaching the 4100 level to set a new yearly low. Constituent stocks were broadly lower, with Hua Hong Semiconductor down over 7%, Sunny Optical and Lenovo Group down 6%, and SMIC down 5%. Hong Kong-listed AI model leaders also weakened, with MINIMAX-W down 12% and Zhipu down over 7%. Additionally, Samsung Electronics reported third-quarter earnings guidance that missed market estimates, pressuring the semiconductor sector and further weighing on technology stock valuations.
CSOP Hang Seng TECH Index Daily (2x) Leveraged Product provides investment results that closely correspond to twice the daily performance of the underlying index, before fees and expenses.
(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.)