Movement Alert|CSOP 2x Leveraged SK Hynix Rises 6.12% in Regular Trading, SK Group Chairman Projects AI Chip Demand May Surge Up to 100% Next Year

Market Focus
Jul 21

On July 21, CSOP 2x Leveraged SK Hynix rose 6.12% in regular trading, trading at 56.56 HKD/share, with turnover of HKD 426 million.

On the news front, SK Group Chairman Choi Tae-won recently stated that AI semiconductor demand is expected to grow 60%-100% next year compared to this year, with overall memory demand growth reaching 50%-60%. He emphasized that virtually no substantial capacity expansion plans exist on the supply side, meaning the supply-demand gap will continue to widen, with global supply competition reaching a level he described as panic-grade.

The underlying asset SK Hynix rose over 5% in US trading, while SanDisk and Micron Technology gained over 4% in tandem, driving a broad recovery across the memory sector. Combined with the product's 2x leverage effect, these gains translated into the current rebound. The product had previously suffered a cumulative drawdown of nearly 50% over the prior week due to the Bank of Korea's rate hike, Korean regulators tightening single-stock leveraged ETF rules including higher margin thresholds, and the US semiconductor sector entering bear market territory.

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