[Hong Kong SFC Optimizes Regulatory Framework for Daily Leveraged and Inverse Products to Ensure Orderly Market Trading] Odaily Planet Daily News – The Hong Kong Securities and Futures Commission (SFC) issued a revised circular today, stipulating that leveraged and inverse products, whose capacity is highly affected by market conditions, must adopt a flexible leverage structure. Under this structure, the leverage ratio can be adjusted daily within the existing limits (i.e., 2x for leveraged products and -2x for inverse products). As a result, product providers can lower the target leverage ratio of such products when necessary, allowing greater flexibility in managing the products during periods of high trading volume. The leverage ratio for these products will be disclosed after the market closes each day and will apply to the next trading day. The potential daily adjustment of leverage ratios also helps deepen investors' understanding that leveraged and inverse products are single-day products, reminding investors that these products are not suitable for holding beyond one day. (Hong Kong SFC)