The CSOP SK Hynix Daily (2x) Leveraged Product (07709) surged 14.98% during intraday trading on Monday, mirroring a sharp rise in its underlying asset, SK Hynix.
The rally is driven by continued expansion in artificial intelligence infrastructure investment, which is fueling rapid growth in demand for memory chips while industry supply remains tight. This combination of strong demand and constrained supply has led the market to reprice the earnings potential of memory chip companies.
The movement follows a significant surge in South Korean semiconductor stocks, with SK Hynix itself seeing an intraday jump of up to 10% on the Korea Exchange, contributing to a market-wide circuit breaker activation. Related leveraged ETFs and fund products tracking the South Korean semiconductor sector have attracted concentrated capital inflows amid the sector's bullish sentiment.
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