On May 27, semiconductor-linked ETFs remained active on the Hong Kong stock market. As of 15:11 HKT, the CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK) traded at HK$129.65, up 19.38%, with a turnover of approximately HK$11.861 billion and a trading volume of 87.9891 million shares. The instrument touched an intraday high of HK$141.90, representing an intraday surge of over 30% and marking a new all-time high since its listing, before paring part of its gains in late trading.

(Image source: uSMART HK App)

On the news front, SK hynix’s share price extended its strong uptrend, climbing more than 13% during intraday trading. The company’s total market capitalisation exceeded the US$1 trillion mark for the first time, establishing itself as one of the latest Asian technology enterprises to join the global trillion-dollar market cap club. Driven by the robust rally of the underlying stock, the Hong Kong-listed leveraged tracking product registered a synchronous sharp advance.

In terms of long-term performance, SK hynix’s share price has surged by more than 1,000% over the past year, emerging as one of the best-performing semiconductor stocks in the global AI industrial chain rally. The stellar upward momentum has also driven sustained market attention to the CSOP SK Hynix Daily (2x) Leveraged Product and similar linked products.

Surging HBM Demand Sustains Prosperity Across the Memory Sector

Market consensus attributes the latest rally to the continuous expansion of AI-driven memory chip demand. As one of the world’s core suppliers of High Bandwidth Memory (HBM), SK hynix is a primary beneficiary of the global expansion of AI infrastructure construction. Rising demand for large language model training and continuous capital expenditure on data centres by global tech giants have made HBM one of the most tightly supplied core components in the AI server industrial chain.

Institutions widely predict that the supply-demand tightness in the global memory chip market will not ease significantly in the short term, with the industry supply gap set to persist until around 2027. Against this backdrop, leading memory manufacturers have gained enhanced pricing power in market negotiations and delivered steady improvements in profitability, further consolidating market expectations for a prolonged industry prosperity cycle.

SK hynix’s management previously indicated that the growth rate of global HBM demand will continue to outpace the expansion pace of industry supply in the coming years.

Leveraged Instrument Demonstrates High Profit Elasticity; Capital Favours AI Chip Themed Trades

Supported by the underlying stock’s record-breaking performance, Hong Kong market capital has shown growing preference for the high-elasticity leveraged product. Market analysis points out that the CSOP SK Hynix Daily (2x) Leveraged Product is designed to track the daily price performance of SK hynix, delivering amplified return elasticity during the underlying stock’s uptrends, which has attracted sustained capital inflows recently.

Beyond the Korean market, the global AI semiconductor sector has witnessed a notable upswing recently. Overnight US-listed memory chip stocks rallied broadly, lifting overall market risk appetite. AI chips, advanced packaging and data centre industrial chains have remained the core layout directions for institutional capital.

Looking ahead, the market will closely monitor SK hynix’s HBM product shipment rhythm, industry capacity expansion progress and fluctuations in global AI capital expenditure. If investment in AI infrastructure maintains a high-growth momentum, the memory industrial chain is expected to retain its upward trend, and the CSOP SK Hynix Daily (2x) Leveraged Product will continue to benefit from the sector’s prosperity.

How to Buy CSOP SK Hynix Daily (2x) Leveraged Product on uSMART

After logging into the uSMART HK app, click the “Search” button in the top-right corner of the page, enter the ticker code (07709.HK) , and navigate to the details page to view transaction details and historical trends. Click the “Trade” button in the bottom-right corner, select the trade type, and submit your order after filling in the transaction conditions.

(Image Source: uSMART HK app)