
CSOP SK Hynix Daily Leveraged (2x) Product's Size Surges 39-Fold in Half a Month
The memory chip sector has entered a price hike cycle, with market fervor continuing to heat up. The size of the CSOP SK Hynix Daily Leveraged (2x) Product has been growing steadily.
According to data from CSOP, as of October 30, the size of the CSOP SK Hynix Daily Leveraged (2x) Product exceeded HK$800 million. Compared to its initial size of HK$20 million, the product's Assets Under Management (AUM) increased 39-fold in nearly half a month. Notably, on October 28 alone, HK$312 million flowed into the CSOP SK Hynix Daily Leveraged (2x) Product.
In an interview with a Shanghai Securities News reporter, CSOP stated that the growth in the product's size is primarily attributed to three main reasons: First, the South Korean stock market hit a record high, with the KOSPI index breaking through the 4,000-point mark for the first time. Second, the AI semiconductor memory chip sector is experiencing a situation of demand outstripping supply, with inventory cycles significantly shortening. This has led to noticeable price increases in the memory chip industry, driving up SK Hynix's performance and future profit expectations substantially. Third, as a memory manufacturer leading the charge in mass-producing HBM4, SK Hynix holds a competitive edge. Supported by the continuation of global AI capital expenditure and the ongoing upward trend in DRAM prices, the market is optimistic about SK Hynix's future performance.
