Since the net value of leveraged ETF products ENJ3S, REN3S, BSV3L and YFII3L are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of ENJ3S, REN3S, BSV3L and YFII3L at 21:30 (UTC+8) on January 20.
The 10 shares of ENJ3S, REN3S, BSV3L and YFII3L will be merged into 1 share respectively. Consequently, the net value per share of ENJ3S, REN3S, BSV3L and YFII3L will be up 10 times, while user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.