The CSOP Hang Seng TECH Index Daily (2x) Leveraged Product (07226) surged 5.04% during Thursday's intraday trading, outperforming the broader market as Chinese and Hong Kong tech stocks rallied. This significant jump reflects the amplified performance of the underlying Hang Seng TECH Index due to the product's leveraged nature.

The surge in the leveraged product comes as the Hang Seng Tech Index extended gains to 1% during the morning session. Notable tech companies contributing to the index's rise included Hua Hong Semiconductor, which climbed 3%, and Semiconductor Manufacturing International Corporation (SMIC), which advanced over 2%. Other tech giants like Alibaba also saw gains of more than 2%.

This upward movement in tech stocks aligns with the overall positive sentiment in Chinese and Hong Kong markets. The broader Hang Seng Index also rose by 1%, while mainland China's markets showed strength across various sectors, including semiconductors and optical modules. The strong performance of tech stocks and the broader market has provided a significant boost to the leveraged ETF, demonstrating the product's ability to amplify index movements for investors seeking higher-risk, higher-reward opportunities in the tech sector.