Since the net value of leveraged ETF products EGLD3S and ALPHA3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of EGLD3S and ALPHA3S at 19:30 (UTC+8) on January 29.
The 10 shares of EGLD3S and ALPHA3S will be merged into 1 share respectively. Consequently, the net value per share of EGLD3S and ALPHA3S 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.