On August 31, CSOP SK Hynix Daily Max (2x) Leveraged Product declined 7.03% in regular trading, trading at HK$33.94, with turnover of HK$400 million.

On the news front, Fed Chair Waller delivered hawkish remarks reaffirming commitment to combating inflation, triggering broad risk-off sentiment across Asian markets. The Korean KOSPI index plunged over 3.6% intraday, with underlying stock SK Hynix falling more than 4% and Samsung Electronics dropping over 3%, constituting the largest drag on the benchmark index. As a 2x daily leveraged product, the ETF amplified the decline of its underlying stock.

Adding to the selling pressure, since Korea raised minimum margin requirements for leveraged products in late July, individual investors have cumulatively net sold SK Hynix and Samsung Electronics-related leveraged products totaling 1.773 trillion Korean won, with persistent capital outflows exacerbating downside momentum in the sector.

(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.)