Hong Kong: Leading international law firm Clifford Chance has advised CSOP Asset Management Limited (CSOP), a leading ETF manager in Hong Kong, on the launch of CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (ticker: 7226.hk) and CSOP Hang Seng TECH Index Daily (-2x) Inverse Product (ticker:7552.hk) on The Stock Exchange of Hong Kong Limited.
These products supplement CSOP Hang Seng TECH Index ETF (ticker: 3033) which was launched in August 2020.
Clifford Chance lead partner Rocky Mui commented, “These products will enhance the development of the exchange traded products market in Hong Kong and support the investment opportunities and strategies in the fast-moving tech sector. “
Rocky was supported by consultant Susie Wang, associate Matthew Wan and trainee solicitor Christine Chan who advised on the establishment of the products, and assisted with the authorization process with the Securities and Futures Commission and the listing process with the Hong Kong Stock Exchange. Partner Terry Yang and associate Sherry Shan advised on derivative arrangements.
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