On July 3, CSOP 2x Leveraged SK Hynix declined 3.97% in regular trading, trading at 114.0 HKD, with turnover of HKD 1.476 billion, extending the prior session's over 20% plunge.

On the news front, the leveraged ETF has ballooned to $13 billion in assets, making it the world's largest single-stock leveraged ETF. As trading has become extremely crowded, banks have curtailed services due to risk exposure limits, causing hedging costs to surge from approximately 3% in March to over 10%, directly eroding fund performance. Analysts warn that one-sided positioning has created a feedback mechanism where any reversal in momentum triggers mechanical rebalancing and rapid forced selling.

Additionally, regulators have publicly expressed concern over leveraged ETFs amplifying market volatility. Korea's Financial Supervisory Service chief stated he regrets approving such products and disclosed that authorities are developing investor protection measures. These multiple headwinds continue to pressure the ETF in the near term.

(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.)