ProShares just filed for 9x leveraged (2x long) ETFs targeting Chinese core tech assets. The lineup:

$CICC (Zhongji Xuchuang) / $Neophotonics / $Tianfu Communications / $Foxconn Industrial / $Luxshare Precision / $CATL / $GigaDevice / $Hygon / $Cambricon

Thematic clustering = AI compute infrastructure + new energy + semiconductors. Classic US institutional bet on China's硬科技 layer.

Critical detail: These are daily-reset leveraged products. Volatility decay kills long-term holders due to compounding drift. Built for intraday/swing trades, NOT buy-and-hold.

Timeline: Pre-filing stage now. If SEC clears, expect live trading in ~2 months. Watch for approval signal—these products historically move fast once greenlighted.