The net asset value of CSOP's SK Hynix Daily Leveraged (2x) product has plummeted by more than 80%. Concurrently, its fund size has dwindled by close to HK$100 billion, a consequence of the substantial downturn in the price of the underlying asset. In the wake of the fresh regulations rolled out by the Hong Kong Securities and Futures Commission last week, CSOP made an announcement. It stated that, commencing August 3, 12 of its leveraged and inverse products, which are tied to well - known overseas stocks, will embrace a 'flexible leverage structure'. This development has sparked apprehension among investors. They fear that the leverage might diminish and the speed at which the net asset value recovers will decelerate. CSOP has made it clear that, given the prevailing market conditions, the 2x Long SK Hynix product is projected to uphold a 2x leverage. Moreover, the fund manager will refrain from actively tweaking the leverage multiple.