BlockBeats reported on July 13, citing Bitget market data, that the South Hyloris 2x Long ETF fell more than 21% during intraday trading and was quoted at HK$70.06. The product was down 21.63% from the previous trading day. The ETF had previously climbed quickly alongside Hyloris shares, reaching about HK$193.65 at one point in June before entering a continued pullback. At the current price, it has retreated more than 60% from that high. The move highlights the scale of the recent reversal after the earlier run-up, based on the figures provided in the market update.
According to BlockBeats on July 13, citing Bitget market data, the South Hyloris 2x Long ETF fell more than 21% during intraday trading and was quoted at HK$70.06, down 21.63% from the previous trading day.
The ETF had previously surged in line with Hyloris shares and at one point rose to about HK$193.65 in June. It then entered a sustained pullback, and the current price is now down more than 60% from that peak.
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