Memory-related stocks advanced in late morning trading. At the time of writing, Montage Tech (06809) rose 6.63% to HK$176.90, while GigaDevice (03986) increased 2.08% to HK$373.40. Additionally, leveraged ETFs linked to leading South Korean chipmakers surged. The 2x Long SK Hynix ETF (07709) jumped 15.29%, and the 2x Long Samsung Electronics ETF (07747) climbed 10.83%.