Are leveraged ETFs distorting the market? CSOP CEO defends ETF tracking SK Hynix

• CSOP's SK Hynix leveraged ETF (7709) has surpassed HK$40B AUM, becoming the world's largest single-stock leveraged ETF.
• Concerns about market distortion are dismissed due to the ETF's small size (1% of SK Hynix's market cap) and the underlying stock's improved liquidity.
• The ETF's swap-based structure allows investment banks to use various hedging strategies, mitigating market impact.

CSOP CEO Ding Chen defends the firm's SK Hynix leveraged ETF (7709) against market distortion concerns. She highlights its status as the world's largest single-stock leveraged ETF by AUM, but emphasizes its small proportion relative to SK Hynix's market cap and the robust hedging mechanisms in place.