On June 4, South China 2x Leveraged SK Hynix declined 9.64% in regular trading, trading at 134.15 HKD/share, with trading volume of HKD 763 million.

The decline comes as the product's year-to-date cumulative gain had approached 800%, with assets under management swelling to over HKD 80 billion. Goldman Sachs previously issued a \"chaotic unwinding\" warning, noting that global leveraged single-stock ETF scale has surpassed USD 60 billion, with semiconductor and technology stocks at elevated crowdedness and valuation levels, signaling accumulating investment risks.

Compounding the pressure, some funds have been forced to sell SK Hynix shares due to single-stock position cap regulations, with foreign investors cumulatively net-selling USD 63.6 billion of Korean equities. The product employs a 2x daily rebalancing mechanism, which amplifies losses in a multiplicative manner when the underlying stock retreats, resulting in significantly higher short-term volatility than the underlying itself.

(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.)