Since the net value of leveraged ETF products HBAR3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC has merged the shares of HBAR3S at 23:30, May 20, 2021 (UTC+8).
The 10 shares of HBAR3S will be merged into 1 share respectively. Consequently, the net value per share of HBAR3S 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.
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The MXC Team,
May 20, 2021