On July 30, CSOP SK Hynix Daily (2x) Leveraged Product fell 5.99% in regular trading, trading at HK$31.9, with turnover of HK$354 million. The decline reflects a dual blow from tightened regulatory measures on leveraged ETFs and continued weakness in the underlying asset SK Hynix.

On the fundamental side, SK Hynix reported Q2 revenue of 79 trillion KRW, missing the consensus estimate of 84 trillion KRW, while operating profit of 60.54 trillion KRW — despite surging 557% year-over-year to a record high — also fell short of the expected 64.22 trillion KRW. The earnings miss triggered a sharp selloff in SK Hynix shares, which had already declined over 13% in the prior session as the Korean KOSPI index plunged more than 10%.

On the regulatory front, Hong Kong's SFC recently issued revised guidelines requiring leveraged and inverse products with capacity highly sensitive to market conditions to adopt flexible leverage structures, reminding investors these products are designed strictly as single-day trading tools. The product has now fallen over 80% from its late-June peak, with the two-times leverage structure amplifying underlying losses amid sustained bearish sentiment across the memory chip sector.

(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.)