Back to today’s briefing

Story perspectives

CSOP Asset Management’s leverage structure wipes out 77.2%

8/22/2026

36 6 Full Breakdown

Summary

Story summary

South Korean investor Carol Kim lost 77.2% after CSOP Asset Management's flexible leverage structure failed.
CSOP Asset Management set the SK Hynix Daily Max product to a 1.1-2× flexible leverage ratio on August 3.
The fund maintained its maximum double-exposure limit daily for three weeks after the change.
In the first week, the product fell 26.9% from HK$42.52 to HK$31.06.
Weekly turnover fell 44.6% week-on-week to HK$40.15 billion.

1 of 1

Story summary

South Korean investor Carol Kim lost 77.2% after CSOP Asset Management's flexible leverage structure failed.
CSOP Asset Management set the SK Hynix Daily Max product to a 1.1-2× flexible leverage ratio on August 3.
The fund maintained its maximum double-exposure limit daily for three weeks after the change.
In the first week, the product fell 26.9% from HK$42.52 to HK$31.06.
Weekly turnover fell 44.6% week-on-week to HK$40.15 billion.