On July 23, CSOP SK Hynix Daily (2x) Leveraged Product rose 8.5% in regular trading, trading at 59.68 HKD/share, with turnover of HKD 293 million.

On the news front, the leveraged product experienced a high-open-low-close pattern in the prior session, closing down over 4% after being weighed down by South Korea's accelerated implementation of single-stock leveraged ETF regulatory measures and the Hong Kong SFC's risk warnings on leveraged products. The Korea Financial Services Commission's measures include raising minimum margin thresholds and prohibiting new single-stock leveraged product listings.

Following a cumulative decline of nearly 50% over the prior week driven by the Bank of Korea's rate hike, regulatory tightening, and a broader semiconductor selloff, the product is now benefiting from oversold recovery momentum. The broader storage sector continues its rebound, with SK Hynix Group Chairman Chey Tae-won recently stating that AI semiconductor demand is expected to surge 60%-100% next year, reinforcing bullish sentiment. The 2x leverage effect further amplifies the price recovery.

(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.)