The CSOP SK Hynix Daily (2x) Leveraged Product skyrocketed 57.41% during Friday's pre-market trading session, mirroring a dramatic recovery in its underlying asset. This massive swing came after the product had been battered earlier in the week, as South Korea's KOSPI index staged a historic rebound from a technical bear market.

The explosive move was directly fueled by a 28% surge in SK hynix shares on the Seoul stock exchange. The chipmaker's stock rallied sharply as two powerful catalysts revived investor confidence in the AI sector. First, strong earnings from US cloud computing giants Microsoft and Amazon overnight dispelled fears of an "AI bubble burst," reigniting optimism around long-term AI infrastructure spending. Second, a highly symbolic move by SK Group Chairman Chey Tae-won, who personally purchased shares of SK hynix for the first time, was widely interpreted as a strong endorsement of the company's long-term value and a signal that the stock was severely undervalued after the crash.

The leveraged product's extreme gain reflects the amplified effect of the 2x daily leverage mechanism, which magnified the underlying stock's sharp intraday rebound. The broader market recovery was also supported by technical factors, as a brutal deleveraging cycle that had forced high-leverage funds into a death spiral earlier in the week finally eased, attracting bargain-hunting foreign capital back to the attractively valued Korean market.