The new product offers investors double daily exposure to one of South Korea’s top chipmakers amid strong semiconductor market growth.

CSOP Asset Management has launched the CSOP SK hynix Daily (2x) Leveraged Product on the Hong Kong Stock Exchange, marking the world’s only leveraged exchange traded product (ETP) tracking SK hynix. The new product allows investors to capture twice the daily performance of SK hynix shares, before fees and expenses, using a swap-based synthetic replication strategy. It is listed at around HKD 7.8 per unit with a management fee of 1.6% per year. SK hynix, a key chip supplier to Nvidia, has