On September 7, CSOP SK Hynix Daily Max (2x) Leveraged Product rose 12.5% in regular trading, trading at HK$39.52, with turnover of HK$442 million.
On the news front, OpenAI released its next-generation AI model GPT-6 Astra on September 3, described as its most capable model to date, reigniting market expectations for AI computing power and memory demand. The catalyst had already driven a strong rebound in U.S. storage stocks on September 5, with SK Hynix ADR surging 8.14%, SanDisk rising nearly 12%, and Micron gaining over 6%. As a 2x daily leveraged ETF tracking SK Hynix, the product amplified the underlying stock's gains.
Adding to the bullish backdrop, Nomura recently reiterated its buy rating on SK Hynix citing persistent memory supply-demand tightness. SK Hynix is also advancing dual-track expansion plans at its Yongin and Gwangju facilities. On September 5, the options market saw a notable US$5.06 million synthetic long position on SKHY, reflecting institutional confidence in medium-term upside.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)