Chip stocks sank in Hong Kong. CSOP SK Hynix Daily (2x) Leveraged Product fell 13%; CSOP Samsung Electronics Daily (2x) Leveraged Product fell 12%; Smart-Core fell 7%; Iluvatar CoreX fell 5%; Axera and Hua Hong Grace fell 4%; GigaDevice, Montage Tech, and InnoScience fell 3%; SMIC fell 2%.