Hang Seng Indexes (HSI) has introduced the HSTECH Futures Index, HSTECH Futures 2x Short Index and HSTECH Futures 2x Leveraged Index as it sees ‘an uptrend in using the Hang Seng Tech Index as underlying for structured products’.
Following the listing of the Hang Seng Tech Index Futures on the Hong Kong Stock Exchange last November, the HSTECH Futures Index reflects the performance of a portfolio which holds a single HSTECH futures contract rolling on a monthly basis. In the meantime, the other two new indices are designed to reflect the daily 2x long and the 2x short strategies on the HSTECH Futures Index, respectively . “This allows investors to replicate the short and leveraged strategies in hedging against ma
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