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HKEX Welcomes Asia's First Single Stock L&I Products

  • Written by: PR Newswire
  • HKEX is the first exchange in Asia to offer Single Stock L&I Products
  • ETP market ADT up 89% at HK$36 billion in Jan-Feb 2025

HONG KONG, March 24, 2025 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome today (Monday) the listing of Asia's first Single Stock Leveraged and Inverse Products (L&I Products) in Hong Kong, further enriching the city's product ecosystem and reinforcing its role as the region's leading ETP marketplace.

HKEX Head of Exchange Traded Products, Jean-Francois Mesnard-Sense, said: "The newly-launched Single Stock L&I Products mark a significant development in HKEX's ETP universe, and underpin our commitment to product innovation. This exciting product addition will support the breadth and depth of our markets and further enhances the competitiveness of Hong Kong as an international financial centre. We look forward to continuing working closely with our stakeholders to welcome more innovative products to Hong Kong's premier markets."

The new Single Stock L&I Products listed on HKEX today, managed by CSOP Asset Management Limited, each reference one single stock, providing directional exposure to daily returns of highly liquid stocks from overseas exchange, and giving investors more tools to enhance returns and manage risks. They are:

  1. CSOP Berkshire Daily (2x) Leveraged Product (stock code: 7777 / 9777)
  2. CSOP Coinbase Daily (2x) Leveraged Product (stock code: 7711 / 9711)
  3. CSOP Coinbase Daily (-2x) Inverse Product (stock code: 7311 / 9311)
  4. CSOP MicroStrategy Daily (2x) Leveraged Product (stock code: 7799 / 9799)
  5. CSOP MicroStrategy Daily (-2x) Inverse Product (stock code: 7399 / 9399)
  6. CSOP NVIDIA Daily (2x) Leveraged Product (stock code: 7788 / 9788)
  7. CSOP NVIDIA Daily (-2x) Inverse Product (stock code: 7388 / 9388)
  8. CSOP Tesla Daily (2x) Leveraged Product (stock code: 7766 / 9766)
  9. CSOP Tesla Daily (-2x) Inverse Product (stock code: 7366 / 9366)

Exchange Traded Products (ETPs), including ETFs and L&I Products, remain one of the fastest-growing segments in HKEX's markets, with the diversity of products expanding over the years. These include Asia Pacific's first Saudi Arabian ETF, Asia's first Virtual Asset ETFs (in spot and futures-based), Hong Kong's first-ever listings of Covered Call ETFs, and the most recent cross-listing of Invesco QQQ ETF.

Hong Kong's ETP market grew to a record market capitalisation of HK$463 billion in 2024, together with a record number of listings. Building on this momentum, average daily turnover of ETPs in the first two months of 2025 reached HK$36 billion, up 89 per cent from a year earlier.

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code: 388) and one of the world's leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange.

As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.

HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.

www.hkexgroup.com[1]

References

  1. ^ www.hkexgroup.com (www.hkexgroup.com)

Read more https://www.prnasia.com/story/archive/4647766_AE47766_0

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