Since the net value of leveraged ETF product TRB3S is lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of TRB3S at 01:30 on May 5, 2021 (UTC+8).
The 10 shares of TRB3S will be merged into 1 share respectively. Consequently, the net value per share of TRB3S 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.