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SK Hynix rose more than 4% intraday, Southern 2x Long (7709.HK) opened 8.5% higher
Gelonghui March 18 | The Hong Kong stock market’s Southbound Leveraged ETF on SK Hynix (7709.HK) opened 8.5% higher at HKD 32.66.
The Southbound Leveraged ETF on SK Hynix (7709.HK) is a synthetic exchange-traded fund listed in Hong Kong, designed to provide twice the daily leverage (2x) return of SK Hynix common shares.
On the news front, SK Hynix (000660.KS) in South Korea’s market continued its strong performance after rising 6.5% the previous day, reaching a intraday high of 101,000 Korean won, an increase of over 4%.