TechFlow News, June 22: As of today’s market close, the Southern 2x Long SK Hynix ETF has surpassed HK$130 billion in assets under management (AUM), becoming the largest Exchange-Traded Product (ETP) listed in Hong Kong. This breaks the long-standing dominance of Tracker Fund of Hong Kong (TraHK), which has held the top spot in Hong Kong’s ETP market for nearly 27 years since its listing in 1999. Previously, the Southern 2x Long SK Hynix ETF crossed the HK$10 billion AUM threshold on June 17. The product was launched in October last year and achieved rapid scale expansion within just over eight months. (Jin10)
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