On July 31, CSOP SK Hynix Daily (2x) Leveraged Product surged 59.78% in regular trading, trading at 39.98 HKD/share, with turnover of 5.965 billion HKD.

On the news front, the overnight US memory chip sector staged a violent rebound. SK Hynix ADR rose nearly 9%, SanDisk surged over 14%, Seagate Technology gained nearly 14%, Western Digital climbed over 11%, and Micron Technology advanced over 7%, signaling a significant recovery in sector sentiment. Additionally, SK Group Chairman Choi Tae-won purchased 3,620 shares of SK Hynix on July 30, totaling approximately $3.34 million, sending a strong management confidence signal to the market.

The product had previously retreated nearly 80% from its late-June high due to multiple headwinds including SK Hynix Q2 earnings missing expectations, a KOSPI index crash exceeding 10%, and new regulatory restrictions on single-stock leveraged products from both Hong Kong and Korean authorities. The current rebound reflects a combination of overseas sentiment recovery and oversold technical repair.

(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.)