Two exchange-traded funds (ETFs) – leveraged and inverse leveraged – based solely on Samsung Electronics Co. have been launched on the Hong Kong Stock Exchange, offering investors amplified exposure to the tech giant’s daily stock movements.

On Wednesday, CSOP Asset Management listed the CSOP Samsung Electronics Daily 2x Leveraged and CSOP Samsung Electronics Daily -2x Inverse ETFs on the Hong Kong Stock Exchange.

The funds use a synthetic replication method through swap contracts to target twice the daily return or inverse return of Samsung Electronics shares.

It marks the first time a leveraged ETF focused on a single Korean stock has been introduced globally.

CSOP said the goal was to provide investors with a tool to capitalize on short-term volatility in Samsung Electronics, noting that the stock is highly sensitive to both company-specific events and macro factors such as domestic politics, trade tensions, and unwinding of yen carry trades.

Each fund carries a management fee of 1.6 percent and a total expense ratio of 2 percent. The listing price is 7.8 Hong Kong dollars ($1), with a minimum trading lot of 100 shares.

The products are available for trading through Korean brokerages including Mirae Asset Securities and Hanwha Investment & Securities.

As of 11 a.m. Wednesday, Samsung Electronics stock was trading at 55,800 won ($40.58), up 3.53 percent from the previous day.

CSOP said that the overlapping trading hours between Hong Kong and Korea allow for real-time responses to price fluctuations in Samsung shares.

CSOP currently manages 99 percent of the leveraged and inverse ETF trading volume in Hong Kong, with products also tracking Tesla, Nvidia, and Berkshire Hathaway.

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