The Samsung Electronics (07747) double-long ETF experienced a notable intraday rise exceeding 4%. As of the latest update, it was up 4.87%, trading at HK$142.85 with a turnover of HK$1.752 billion. On the news front, market reports indicate that the Suwon District Court in South Korea partially approved Samsung Electronics' injunction request on May 18. The court ordered the company's union to ensure that the impending full-scale strike "does not affect production output" and "must not cause damage to production materials at this globally significant memory chip manufacturer." Industry analysts widely view this move as effectively applying an emergency brake to what would have been Samsung's largest-ever planned strike. A strike could potentially exacerbate the already tightening global semiconductor supply, a situation driven by the ongoing surge in AI data center construction worldwide. Notably, the Korea Exchange announced on May 18 that due to extreme volatility in KOSPI 200 futures prices, the South Korean securities market triggered the "Side-car" circuit breaker mechanism at 09:19:22 local time. During the early trading session on May 18, the KOSPI index continued to decline, at one point falling over 4% intraday, before staging a strong V-shaped recovery to erase nearly all losses, ending the session roughly flat.
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