CSOP Lists Kioxia 1.25x Leveraged Product
The Hong Kong-listed product offers daily amplified exposure to Kioxia Holdings, a Tokyo-listed NAND flash memory maker.
Updated on Nov. 9, 2026 in Semiconductors
CSOP Asset Management Limited listed the CSOP KIOXIA Daily Max (1.25x) Leveraged Product (7772.HK) on the Hong Kong Stock Exchange. Kioxia Holdings Corporation is reportedly also considering an American depositary receipt listing.
Why it matters
The product gives investors a leveraged way to track Kioxia, a company benefiting from strong AI-driven demand for NAND flash memory used in cloud computing and data centers. It reflects growing investor interest in semiconductor exposure through structured products.
The product uses a swap-based synthetic replication strategy with a 1.6 percent management fee and targets 1.25 times Kioxia's daily performance before fees and expenses. Kioxia's fiscal Q2 2026 revenue reached JPY2.48 trillion, up 453.2 percent year-on-year, but the source does not detail the product's tracking error or rebalancing mechanics.
The players
Kioxia Holdings Corporation
A Japanese NAND flash memory manufacturer that listed on the Tokyo Stock Exchange in December 2024 and is a key beneficiary of AI-driven data center demand.
CSOP Asset Management Limited
A Hong Kong-based asset manager that issued the leveraged product tracking Kioxia shares.
The details
The CSOP KIOXIA Daily Max (1.25x) Leveraged Product trades in Hong Kong during Asian market hours, alongside Kioxia's common stock in Tokyo. The product aims to deliver daily targeted leveraged performance of Kioxia shares, before fees and expenses.
Timeline
December 2024: Kioxia listed on the Tokyo Stock Exchange.
2025: Kioxia became one of Japan's best-performing semiconductor stocks.
Fiscal Q2 2026: Kioxia reported JPY2.48 trillion in revenue.
The Tech Race
Leveraged single-stock products on memory makers reflect how AI infrastructure spending has pulled capital toward NAND and DRAM suppliers rather than only chip designers. The product also gives Hong Kong investors access to a Tokyo-listed company, expanding cross-border trading of semiconductor equities.
Investors seeking Kioxia exposure can now buy a 1.25x daily leveraged product in Hong Kong, but the 1.6 percent management fee and daily rebalancing mean returns can diverge from the stock over longer holding periods. Retail buyers should weigh the amplified downside risk alongside the upside.
The takeaway
Leveraged products amplify both gains and losses and reset daily, so they suit short-term positioning more than buy-and-hold investing. Investors should review the fee structure and daily-reset mechanics before trading.
Further reading
Explore more Semiconductors coverage to see how memory chip demand is reshaping the industry.
Source note: This article includes information reported by ETF Express.
