CSOP Samsung 2x Long ETF Surges Over 3% as HBM4 Pricing Set Above Triple Its Predecessor

Stock News10-05 15:14

The CSOP Samsung Electronics 2x Long ETF (07747) climbed more than 3%, rising 2.86% to HK$84.3 as of the latest update, with turnover reaching HK$173 million.

On the news front, media reports indicate that Samsung Electronics Co., Ltd. has set the supply price for its next-generation high-bandwidth memory HBM4 at more than three times that of its current flagship HBM3E product, and has already begun negotiations with customers.

The reports note that as HBM4 replaces the existing flagship product, the company plans to boost profitability during this generational transition.

In addition, with Samsung Electronics Co., Ltd.'s third-quarter earnings report approaching, the market expects the company to post revenue of 199.1 trillion won and operating profit of 105.6 trillion won for the quarter.

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