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CSOP to List CSOP Gold Futures Daily (2x) Leveraged Product on HKEX (Stock Code: 7299.HK)

The first leveraged gold futures-based product in Hong Kong
HONG KONG--(BUSINESS WIRE)--CSOP Gold Futures Daily (2x) Leveraged Product (stock code:7299.HK) will be listed on Kong Stock Exchange on June 5, 2020. As the first leveraged commodity product issued in Hong Kong, 7299.HK provides investment results closely corresponding to twice (2x) the Daily performance of Solactive Gold 1-Day Rolling Futures Index (the “Index”) by investing in the active Contracts of gold futures traded on the New York Commodity Exchange (COMEX) (“COMEX Gold Futures”). In the current volatile market circumstances,7299.HK attracted 5 million USD initial investment. The inception price per unit is around HKD 8 with trading lot of 100, and the entry investment is approximately HKD 800.
https://www.businesswire.com/news/home/20200604005249/en/