Movement Alert｜CSOP 2x Leveraged SK Hynix Rises 3.7% in Regular Trading, SK Hynix Announces Five-Year Plan to Double Capacity

Market Focus

Jun 03

On June 3, CSOP 2x Leveraged SK Hynix (07709.HK) rose 3.7% in regular trading, trading at HKD 145.3 per share, with trading volume of HKD 297 million.

On the news front, SK Group Chairman Chey Tae-won announced at the Computex conference in Taipei that SK Hynix plans to double its memory chip wafer production capacity over the next five years, citing expectations that global memory chip supply shortages will persist through 2030. Chey also stated his ambition for SK Hynix to become the primary HBM supplier for NVIDIA's Vera Rubin system. According to Counterpoint data, SK Hynix commanded a 58% share of the global HBM market in Q1. The ETF employs a daily-reset 2x leveraged strategy tracking SK Hynix's single-day performance, with its latest fund size reaching HKD 84.64 billion.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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