On July 17, Southern 2x Leveraged Hang Seng Tech (07226) fell 5.39% in regular trading, trading at HKD 3.39, with turnover of HKD 548 million.

On the news front, global market panic intensified, with the Hang Seng Tech Index plunging over 2.5%, Nasdaq futures falling more than 1%, and FTSE A50 futures dropping over 2%. Among constituent stocks, AI large-model leaders Zhipu tumbled 14% and MINIMAX fell 9%, while XPeng and NIO declined over 5%. Bilibili and Baidu also slid sharply in overnight US trading. The semiconductor sector had already been hit hard the previous day after Montage Technology plunged nearly 23% following a raid by Korean prosecutors over alleged price collusion, with negative sentiment carrying over into the current session.

As a 2x leveraged product tracking the Hang Seng Tech Index, the underlying index decline was directly amplified and transmitted to this ETF.

(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.)