On July 31, CSOP's two-times leveraged long SK Hynix product (07709.HK) has recently become a market focus due to violent price fluctuations. As of July 30, SK Hynix had fallen 49% from its June high, and the product's net asset value (NAV) had dropped by over 80% cumulatively, with the fund size shrinking by about HK$100 billion from HK$130 billion. After the Hong Kong Securities and Futures Commission (SFC) issued new rules last week, CSOP announced on Monday that, starting from August 3, its leveraged and inverse products linked to 12 popular overseas stocks, including SK Hynix, Samsung Electronics, Tesla, and NVIDIA, would all switch to a "flexible leverage structure." This move raised questions among investors, as if the manager actively reduces leverage, then assuming SK Hynix rebounds quickly later, the ETF's NAV recovery speed would slow significantly, and the break-even period for those who bought at high levels would lengthen. On the evening of July 30, CSOP clarified market doubts about the product switching to a "flexible leverage structure" and possibly reducing the leverage multiple, stating that under current market conditions, the product is expected to maintain two-times (2x) leverage, and the fund manager will not actively adjust the leverage multiple based on its own market judgment. CSOP emphasized that after the relevant changes take effect, it will publish announcements on the target leverage multiple before the market opens on each trading day. Taking this product as an example, the announcement will be issued after the market close on July 31, and investors are advised to pay close attention. (21st Century Business Herald)