Memory‑related stocks in Hong Kong traded higher collectively, boosted by strong performance among U.S. memory names overnight and rising memory equities in South Korea earlier in the session. The CSOP SK Hynix Daily (2x) Leveraged Product gained nearly 10%, while GIGADEVICE rose 4%, and CSOP Samsung Electronics Daily (2x) Leveraged Product, MONTAGE TECH advanced more than 3%.

On the news front, SanDisk held its investor day, projecting mid‑to‑high double‑digit annual operating revenue growth of 10%‑15% for fiscal years 2028 through 2030. The company guided for a Non‑GAAP operating margin of around 75%, free‑cash‑flow margin of 50%, and gross margin of roughly 80%. SanDisk surged more than 13% on Thursday in U.S. trading, and SK Hynix’s U.S.-listed shares climbed over 7%.

South Korean memory stocks also posted a strong early‑session performance. Samsung Electronics at one point gained more than 2%, and SK Hynix jumped over 6% intraday.