🟢 SK Hynix 2x Leveraged ETF (7709.HK) is trading 3.45% up on October 14, 2026, as chip stocks rebound

7709.HK is trading at HK$27.00 (+3.45%) as chip stocks stage a technical rebound after five sessions of sharp losses.

• South Korean stocks rose in early trading, with SK Hynix gaining 2.84% in one report.
• Bargain hunting after the selloff and easing Treasury yields supported the rebound, though its staying power remains uncertain.
• The previous session’s selloff followed concerns that CXMT’s denser DRAM design could intensify competition and pricing pressure.