On September 16, CSOP SK Hynix Daily Max (2x) Leveraged Product rose 5.06% in regular trading, trading at 38.7 HKD/share, with turnover of approximately 1.161 billion HKD.
On the news front, US semiconductor and memory stocks staged a collective rebound during overnight trading on September 15, with SK Hynix, Micron Technology, and SanDisk each advancing over 1%. Japanese and Korean equity markets also reversed earlier losses on the same day, with SK Hynix turning positive on the Korean exchange. This overnight recovery transmitted directly to the Hong Kong market, driving the 2x leveraged product to rebound sharply.
The bounce follows a steep selloff earlier in the week after three major AI giants — Anthropic, OpenAI, and xAI — jointly called for slowing advanced AI model development, sparking fears of reduced cloud capital expenditure and weaker memory chip demand. SK Hynix had fallen over 7% on US markets on September 14, while this leveraged product had previously plunged more than 12% due to the amplified downside from its 2x leverage structure. The current move reflects a partial recovery from that sharp correction as panic sentiment eases.
(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.)