On June 2, CSOP 2x Long SK Hynix declined 4.95% in regular trading, trading at HKD 138.0/share, with trading volume of HKD 335 million.
The decline was driven by ongoing mechanical selling pressure in the Korean semiconductor sector. SK Hynix's cumulative gain exceeding 1000% over the past year has triggered the 10% single-stock holding cap for numerous global funds, forcing passive unwinding. According to Bloomberg data, global investors have net sold USD 63.6 billion of Korean equities year-to-date, the largest monthly outflow since 1999, with Samsung and SK Hynix accounting for USD 58.6 billion combined. Goldman Sachs estimates that diversification rules have triggered approximately USD 69 billion in forced selling since late October. Foreign capital has continued large-scale outflows over consecutive trading days, amplifying market volatility. As a 2x leveraged product, the ETF magnifies the underlying stock's fluctuations, though analysts note the selloff is compliance-driven rather than a deterioration in AI storage chip fundamentals.
(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.)