On September 3, CSOP SK Hynix Daily Max (2x) Leveraged Product fell 5.23% in regular trading, trading at 32.62 HKD, with turnover of approximately 2.391 billion HKD.

Multiple headwinds converged on the storage chip sector. A Korean brokerage downgraded SK Hynix's target price from 3.3 million KRW to 2.4 million KRW, a cut of approximately 27.3%, citing a significant shift in HBM4 competition dynamics. Samsung Electronics' HBM4 mass production yield has improved substantially, with HBM4 shipment share surging from roughly 5% in Q1 to approximately 35% in Q2, eroding SK Hynix's previously dominant supply premium. The brokerage now expects SK Hynix's HBM operating margin to remain near 60% rather than the previously forecast 80%.

Simultaneously, a global bond sell-off intensified, with the US 10-year Treasury yield rising to 4.79%, the highest since early January of last year, amid escalating Middle East tensions and renewed inflation fears. The Korean KOSPI index extended multi-day losses, with SK Hynix shares in Seoul falling over 4%. As a 2x leveraged product, the ETF amplified the underlying stock's decline.

(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.)