Since the net value of leveraged ETF products BAND3S & BCH3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC has merged the shares of BAND3S & BCH3S at 11:00, May 5, 2021 (UTC+8).
The 10 shares of BAND3S & BCH3S will be merged into 1 share respectively. Consequently, the net value per share of BAND3S & BCH3S 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.