Hong Kong Exchanges and Clearing Limited (HKEX) today welcomed the listing of Asia’s first single-stock leveraged and inverse products, further enriching Hong Kong’s product ecosystem and strengthening its position as a leading exchange-traded product (ETP) market in the region. These newly listed single-stock leveraged and inverse products enable investors to take 2x leveraged long or short positions during the day, covering five major popular U.S. stocks: Nvidia, Tesla, Coinbase, MicroStrategy, and Berkshire Hathaway. They are as follows:

Leveraged ETFs (Amplifying the Upside)

7777.HK - Berkshire Hathaway Daily Leveraged (2x)

7788.HK - Nvidia Daily Leveraged (2x)

7766.HK - Tesla Daily Leveraged (2x)

7711.HK - Coinbase Daily Leveraged (2x)

7799.HK - MicroStrategy Daily Leveraged (2x)

Inverse ETFs (Capturing the Downside and Hedging)

7388.HK - Nvidia Daily Inverse (-2x)

7366.HK - Tesla Daily Inverse (-2x)

7311.HK - Coinbase Daily Inverse (-2x)

7399.HK - MicroStrategy Daily Inverse (-2x)

What are Leveraged and Inverse ETFs?

Leveraged and inverse products are derivative financial instruments that primarily amplify market price fluctuations through leverage and have the ability to perform inverse operations. They are suitable for short-term investments or hedging purposes. These products are typically listed on exchanges, allowing investors to trade them in the same way as stocks. Unlike traditional leveraged and inverse ETFs, the underlying asset of single-stock leveraged and inverse products is a single stock listed on overseas exchanges.

(Source: CSOP)

How to Buy Leveraged and Inverse ETFs on uSMART？

The nine leveraged and inverse ETFs mentioned above are now available on the uSMART HK app, and users can log in to trade them.

How to Purchase: After logging into the uSMART HK app, click on the "Search" option at the top right of the page, enter the stock code, such as "07788.HK", to access the details page for trading details and historical performance. Then click on the "Trade" button at the bottom right, select the "Buy/Sell" option, and finally fill in the transaction conditions before submitting the order.

(Image Source: uSMART HK)

Limited-Time Offer: Trade the above nine leveraged and inverse ETF products on the uSMART platform and enjoy 0 commission and 0 platform fee benefits.