On Tuesday, November 10, a leveraged product tracking Kioxia was listed in the Hong Kong stock market under the name "CSOP 1.25x Long Kioxia," carrying a leverage ratio lower than that of other single-stock leveraged products in Hong Kong, which offer exposure of up to 2x. Institutional analyst Rebecca Sin noted that market interest in leveraged semiconductor exposure remains evident, as reflected in substantial inflows into U.S. semiconductor leveraged ETFs. However, retail traders typically gravitate toward higher-risk products; compared with two-times, three-times, or even higher leverage structures, moderate leverage tiers such as 1.25x or 1.5x struggle to generate meaningful market appeal. As investors retreat from AI trades, Kioxia's Tokyo-listed shares have struggled to regain momentum, with the broader ecosystem weighed down by macroeconomic headwinds and geopolitical uncertainty. Although the stock is still up more than twofold year to date, it has fallen about 75% from the record high set in June.