Movement Alert|CSOP SK Hynix Daily Max (2x) Leveraged Product Falls 5.16% in Regular Trading, Profit-Taking Emerges After NVIDIA-Driven Surge

Market Focus08-28 10:50

On August 28, CSOP SK Hynix Daily Max (2x) Leveraged Product declined 5.16% in regular trading, trading at 37.96 HKD/share, with turnover of 1.13 billion HKD.

On the news front, the product surged over 6% in the prior session after NVIDIA reported strong Q2 revenue of $96.2 billion (up 106% YoY) and guided Q3 revenue to $108 billion, exceeding market expectations. The sharp short-term gain triggered profit-taking pressure in today's session.

On the fundamental side, SK Hynix held a groundbreaking ceremony on August 27 for a $4 billion-plus HBM packaging facility in Indiana, U.S., reinforcing its medium-to-long-term capacity expansion plans. However, the market largely priced in this positive development during the prior day's rally. Additionally, SK Hynix's 40 trillion KRW share buyback and cancellation program remains in its execution period through November 19, continuing to provide underlying support.

(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.)

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