On July 20, CSOP Double Long HSTECH (07226) rose 5.19% in regular trading, trading at 3.514 HKD/share, with turnover of approximately HKD 276 million.

On the news front, the three major Hong Kong stock indices opened higher, with the Hang Seng Tech Index gaining 2.2%. Chips, PCB, and optical communication sectors led the advance. Among constituent stocks, Montage Technology surged over 6%, Alibaba gained 3%, while Meituan, JD.com, and Xiaomi each rose more than 2%. The tech sector entered recovery mode following a sharp sell-off on July 17, when global market panic triggered a decline of over 4% in the Hang Seng Tech Index.

As a 2x leveraged product tracking the Hang Seng Tech Index, the underlying index gain is amplified and directly transmitted to this ETF. Institutions have noted that the Hang Seng Tech Index PE stands at approximately 23.85x, still in a relatively low range over the past decade. Combined with marginal improvement in liquidity pressure, short-term recovery momentum has strengthened.

(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.)