Since the net value of leveraged ETF products SXP3S, CHZ3S and REN3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of SXP3S, CHZ3S and REN3S at 15:30 (UTC+8) on February 19.
The 10 shares of SXP3S, CHZ3S and REN3S will be merged into 1 share respectively. Consequently, the net value per share of SXP3S, CHZ3S and REN3S 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.