On July 14, CSOP 2x Long SK Hynix (07709) rose 7.35% in regular trading, trading at HKD 63.02, with turnover of HKD 795 million.

On the news front, SK Hynix had experienced severe selling pressure in recent sessions, with its Korean-listed shares plunging over 15% in a single day — its largest daily decline on record — while its ADR fell 9.3% on its second day of US trading. The stock has now retreated more than 38% from its June all-time high. Multiple analysts noted that long-term agreement pricing constraints on HBM may cause operating profit to fall approximately 8% below consensus, triggering profit-taking and earnings downgrades.

However, after consecutive sharp declines, analysts indicate SK Hynix now exhibits deep oversold technical characteristics, with some market participants viewing current levels as a potential accumulation opportunity. As a 2x leveraged ETF, CSOP 2x Long SK Hynix amplifies the underlying stock's rebound through its daily rebalancing mechanism, magnifying the recovery in today's session.

(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.)