Let mid-point of chord is (h,k).
Equation of chord is T=0 ⇒a2hx​−b2ky​=a2h2​−b2k2​
Locus is a2x2​−b2y2​=a2αx​−b2yβ​ ⇒a2x(x−α)​−b2y(y−β)​=0 ⇒a2(x−2α​)2−4α2​​−b2(y−2β​)2−4β2​​=0 ⇒a2(x−α/2)2​−b2(y−β/2)2​=4a2α2​−4b2β2​