00685L Capital Taiwan Weighted Leverage 2X Soars 20-fold Since Inception, Initiates Split Process
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Amidst record highs in the Taiwanese stock market, Capital Taiwan Weighted Leverage 2X (00685L) ETF, which has risen 20-fold since its launch in 2017, announced it will initiate a stock split. This follows the successful split of Yuanta Taiwan 50 Leverage 2X (00631L) in March. Electronic voting for the split begins April 25th, aiming to lower the market price closer to its original issue price of NT$10 to reduce investment barriers and enhance liquidity.