7709.HK is trading at HK$38.18 (+3.13%), with the gain appearing primarily to reflect a technical rebound after the sharp September 14 selloff.
- Memory-chip sentiment remains pressured by concerns that AI-development slowdowns could reduce future infrastructure demand.
- SK hynix’s tight HBM and DRAM supply outlook provides support; analysts cite constrained memory inventories and strong high-end-chip demand, limiting downside despite volatility.