On May 29, CSOP 2x Long SK Hynix (07709) rose 5.13% in regular trading, trading at HKD 140.45/share, with trading volume of HKD 583 million. The leveraged ETF continued its upward trajectory following a multi-day rally fueled by the global storage chip super cycle.

On the news front, SK Hynix recently launched its iHBM cooling solution, which integrates a silicon-based cooling element called ICE directly into the HBM package. The technology reduces thermal resistance by over 30% and is planned for deployment in HBM5 and next-generation products targeting AI data centers and high-performance computing. The announcement came alongside SK Hynix's market capitalization surpassing the one-trillion-dollar mark, while overnight Micron Technology also breached the same milestone after UBS raised its target price to $1,625.

Goldman Sachs raised its KOSPI 12-month target to 9,000 points, citing surging semiconductor earnings during the storage chip super cycle. CITIC Securities noted that effective new capacity release remains constrained through late 2027, supporting prolonged high profitability for memory makers and related design firms.

(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.)