🟢 SK Hynix 2x Leveraged ETF (7709.HK) is trading 3% up on renewed SK Hynix strength

7709.HK is trading at HK$44.60, up 3.00%, with the move appearing linked to renewed strength in underlying SK Hynix shares.

• SK Hynix shares gained 6.42% on September 18 as the KOSPI rallied and investors favored semiconductor and AI-memory stocks.
• Reports said SK Hynix is exploring additional U.S. memory-production options, including discussions involving Intel and its Solidigm subsidiary; no deal has been finalized.
• The product’s 2x daily leverage amplified that sector move.