On September 2, CSOP SK Hynix Daily Max (2x) Leveraged Product fell 5.45% in regular trading, trading at 35.02 HKD per share, with turnover of approximately 220 million HKD. The decline was driven by a broad selloff across Japanese and Korean equity markets coupled with shifting competitive dynamics in the HBM memory space.
On the macro front, the Korean KOSPI index opened down 3%, while the Nikkei 225 index plunged over 1,500 points, dragging regional semiconductor names lower. Underlying stock SK Hynix fell over 3% in Korean trading, with Samsung Electronics declining in tandem. Adding to the pressure, Korean brokerage LS Securities downgraded its target price on SK Hynix, citing Samsung Electronics' significant progress in HBM4 mass production yields — with Samsung's HBM shipment share surging from approximately 5% in Q1 to around 35% in Q2. The normalization of HBM competition is seen as a structural headwind for SK Hynix's premium valuation. As a 2x daily leveraged product, the ETF amplified the underlying stock's losses.
(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.)