According to Zhitong Finance APP, the CSOP Nikkei 225 Daily 2x Leveraged Product (07262) dropped more than 11% intraday. As of press time, it was down 9.71% at HK$175.7, with a turnover of HK$2.5916 million.

On the news front, on October 15, the Nikkei 225 Index closed down 4.90% at 64,425.95 points, marking its largest single-day percentage decline since March of the same year. Data from the Japan Exchange Group showed that for the week ending October 2, foreign investors recorded a record net sell of 2.24 trillion yen in Japanese stock futures, while net buying 956 billion yen in cash equities.

Notably, Bank of Japan Policy Board member Junko Koeda warned that too cautious a stance should not be taken on rate hikes. Her remarks indicate that after accelerating the pace of monetary policy normalization, the BOJ will firmly raise borrowing costs again in the coming months. Barclays expects the BOJ to hike rates by another 25 basis points in December.