Stock Track | CSOP SK Hynix Leveraged Product Plummets 5.10% Intraday as Profit-Taking Follows Rally on HBM Supply News

Stock Track05-15

CSOP SK Hynix Daily (2x) Leveraged Product (07709) plummeted 5.10% during intraday trading on Friday, marking a sharp reversal from recent gains.

The decline appears to be driven by profit-taking after the leveraged ETF surged sharply in recent sessions, including gains of over 30% and 13% on May 11 and May 13 respectively. That rally was fueled by reports that SK Hynix CEO Kwak Noh-jung would meet with Microsoft co-founder Bill Gates and CEO Satya Nadella to discuss deepening cooperation on High Bandwidth Memory (HBM) supply. SK Hynix, the underlying asset, has shown strong financial performance with a record 72% operating margin in Q1 2026, surpassing industry peers.

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