CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (7226.HK) is an exchange-traded product issued by CSOP Asset Management Limited that seeks to deliver investment results corresponding to twice (2x) the daily performance of the Hang Seng TECH Index before fees and expenses. The product achieves its leveraged exposure primarily through investments in futures contracts, total return swaps with approved swap counterparties, and other derivatives, with daily rebalancing on Hong Kong Stock Exchange trading days to maintain the target leverage ratio; collateral assets, including cash and money market instruments, are held in segregated accounts to mitigate counterparty risk, with no more than 40% of net asset value typically used as initial margin. It targets sophisticated investors seeking amplified short-term returns from the technology sector, listed on the Hong Kong Stock Exchange since inception around 2020, and operates within the broader leveraged and inverse exchange-traded products (L&I ETPs) segment focused on Greater China and global indices.
CSOP Asset Management Limited, founded in 2008 and headquartered at 2801-2803, Two Exchange Square, Central, Hong Kong, serves as the product issuer and manager, specializing in ETFs and ETPs with a focus on China and Asia-Pacific markets; the firm manages a diverse lineup including equity index trackers, leveraged/inverse products on indices like Hang Seng TECH and HSCEI, single-stock L&I ETPs, commodity futures-based products such as gold and WTI crude oil inverse ETPs, covered call active strategies, and emerging offerings like Saudi sukuk and SK Hynix leveraged products. With total assets under management exceeding USD 27.9 billion as of late 2025, CSOP caters to institutional clients including sovereign wealth funds, pensions, and endowments, alongside retail investors through Hong Kong-listed products; it conducts in-house research and partners with global entities for distribution, maintaining operations primarily in Hong Kong with extensions into markets like the US (e.g., prior AFTY ETF collaboration with Pacer ETFs) and explorations in the Middle East.
In recent developments, CSOP Asset Management listed nine single-stock leveraged and inverse products on the Hong Kong Stock Exchange in March 2025, marking Asia's first batch and including exposures to high-profile US names like Nvidia and Berkshire Hathaway; the firm launched the CSOP HSCEI Covered Call Active ETF (2802.HK) in December 2025 to capitalize on income strategies amid volatility, alongside the CSOP FTSE Hong Kong Equity ETF (3443.HK) in May 2025 for broad local equity exposure. Further expansions include the world's first SK Hynix Daily (2x) Leveraged Product in October 2025 targeting AI-driven semiconductor growth, two Saudi-linked sukuk ETFs in mid-2025 as Asia's pioneering offerings, and strengthened technological capabilities via a 2024 partnership with Microsoft Azure OpenAI Service for AI-enhanced market analysis and operations; CSOP also went public on the Hong Kong Stock Exchange under ticker 7376.HK and reported family office business synergies, though specific divestitures remain unconfirmed in public records.