CSOP Tesla Daily (-2x) Inverse Product
HK0001121224
StrategiesThis financial product is a leveraged inverse ETF that aims to replicate two times (2x) the inverse daily performance of Tesla, Inc. shares. Its objective is to offer bearish and leveraged exposure to Tesla on a daily basis, meaning that if Tesla's stock price falls by 1% in a day, the product should rise by approximately 2% on that same day (before fees and expenses). Due to its daily rebalancing mechanism, its performance over periods longer than one day may differ significantly from -2x the cumulative return of Tesla, and it is primarily designed for short-term trading.
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CSOP Asset Management Limited