On July 7, CSOP Samsung Electronics Daily (2x) Leveraged Product declined 13.8% in regular trading, while CSOP SK Hynix Daily (2x) Leveraged Product sank 12.1%.

On the news front, Samsung Electronics released its Q2 preliminary earnings before market open, reporting operating profit of 89.4 trillion KRW, surging approximately 1,810% year-over-year and exceeding market consensus of 84.2 trillion KRW. Revenue came in at 171 trillion KRW versus expectations of 169.23 trillion KRW. Despite the record-breaking results, the market had already priced in the memory upcycle gains, interpreting the beat as a near-term cyclical peak signal.

Samsung Electronics shares in Seoul fell nearly 6% intraday following the release, triggering broad profit-taking across the semiconductor sector. As a product designed to deliver twice the daily return of Samsung Electronics stock, the ETF amplified the underlying decline through its leveraged structure, resulting in a significantly larger drawdown. Notably, the ETF had risen over 5% the previous trading day on optimistic pre-earnings expectations, underscoring the reversal severity.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)