On August 12, CSOP SK Hynix Daily (2x) Leveraged Product rose 5.27% in regular trading, trading at 29.64 HKD/share, with turnover of HKD 339 million.
On the news front, the underlying asset SK Hynix US-listed stock closed up 4.70% at $141.65, directly driving the leveraged product higher. As a 2x daily leveraged ETF, the product amplifies the underlying asset's price movement, resulting in the notable intraday gain.
SK Hynix had previously suffered a cumulative 15% decline in a single week, pressured by reports that NVIDIA plans to cut Rubin Ultra memory configuration from 12-layer to 8-layer stacking and contracting HBM demand expectations. However, institutional analysis suggests the worst may be over, with target prices implying significant upside from current levels. Meanwhile, options market activity shows some divergence, with a $2.95 million far-dated out-of-the-money call selling trade betting that SK Hynix's upside remains capped below $160 through year-end.
(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.)