Since the net value of leveraged ETF products HNT3S and QTUM3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of HNT3S and QTUM3S and IOTA3S at 14:00 (UTC+8) on February 7.
The 10 shares of HNT3S and QTUM3S will be merged into 1 share respectively. Consequently, the net value per share of HNT3S and QTUM3S 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.