Since the net value of leveraged ETF products TRB3S, AXS3S. SKL3L & CELR3L are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of TRB3S, AXS3S. SKL3L & CELR3L at 22:30 on April 20, 2021 (UTC+8).
The 10 shares of TRB3S, AXS3S. SKL3L & CELR3L will be merged into 1 share respectively. Consequently, the net value per share of TRB3S, AXS3S. SKL3L & CELR3L 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.