When Pat Miao walked away from her Hong Kong office job this summer, she gained something else: time to trade in one of Wall Street’s wildest corners. The 30-year-old now wagers on funds that offer double or triple the daily returns of popular US tech stocks such as Tesla Inc. Leveraged exchange-traded funds, once the preserve of professional speculators given their ability to amplify both gains and losses, are gaining traction among retail investors in Hong Kong. While some, like Miao, trade US-based pr ...

Group 1 - The ProShares UltraPro QQQ (TQQQ) is a leveraged investment focused on the U.S. large-cap technology sector, particularly the "magnificent 7" stocks that are significantly tied to artificial intelligence themes [1] - TQQQ represents a bullish stance on the growth of the technology sector, driven by the performance of major tech companies [1] Group 2 - The article does not provide specific financial metrics or performance data related to TQQQ or the underlying stocks [2]