On July 16, CSOP 2x Leveraged Hang Seng TECH (07226) rose 5.61% in regular trading, trading at HKD 3.648, with turnover of HKD 437 million.

On the news front, the Hang Seng Tech Index expanded its gain to over 2% during the session, with tech constituents rallying broadly. Pop Mart, Xpeng Motors, Bilibili, and Kuaishou each rose over 4%, while Meituan, Xiaomi, and Sunny Optical gained over 3%. As a 2x daily leveraged product, the underlying index gain is directly amplified in the ETF's price movement.

The current rally in Hong Kong tech stocks has been building since the index touched a phase low in late June. Multiple supportive factors are converging, including a central bank policy signal to increase allocation of foreign reserves to Hong Kong assets, sustained southbound capital inflows totaling nearly HKD 390 billion over the past week, and continued AI industry chain catalysts. Institutions view the current phase as a mid-term bottom recovery, with valuation repair expected to continue given the index remains at historically low levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)