The Hong Kong Stock Exchange will launch the first batch of individual stock trading products in Asia, providing popular US stock trading or hedging tools for the Asian trading session

Southern Dongying Asset Management announced that it will list the first batch of 9 individual stock leveraged and reverse products (LBP) in Asia on the Hong Kong Stock Exchange on March 24th, providing investors with convenient trading or hedging tools for popular US stocks during the Asian trading period. Specifically, this batch of products includes daily leverage (2x) and daily reverse (-2x) products for four individual stocks including NVIDIA, Tesla, Coinbase, MicroStrategy, as well as Berkshire's daily leverage (2x) product. It is reported that this batch of products uses a synthetic simulation strategy based on swaps, tracking twice the daily performance of the target stock and twice the inverse daily performance (before deducting fees and expenses). With the launch of the product, Hong Kong has become the first market in Asia to issue such products, allowing Asian investors to respond flexibly to US after hours news during the Asian trading session. Previously, from 2022 to 2024, the managed asset size of US individual stock anti fraud products increased from $379 million to $18 billion, a growth of 4655%. (Caixin News Agency)