CSOP SK hynix Daily (2x) Leveraged Product (07709.HK) Rises 4.25% Intraday as SK hynix Q3 Operating Profit Jumps 632%

NewTimeSpace News: As of 14:35 on October 29, the CSOP SK hynix Daily (2x) Leveraged Product (07709.HK) rose 4.25% to a latest price of HK$26.500. The product has traded 215.15 million units so far today for a turnover of HK$5.625 billion at an average price of HK$26.143, with a turnover rate of 17.66%. It is up 42.09% so far this week. Its current net asset value per unit is HK$25.3062, and its assets under management stand at about HK$30.58 billion (about US$3.903 billion).

(Note on scope: the net asset value per unit and assets under management are as of October 28, 2026, with assets under management converted from the disclosed US$3.903 billion at a US dollar to Hong Kong dollar rate of about 7.836; the week-to-date change is measured against the closing price of HK$18.650 on October 23.)

On the news front, SK hynix reported third-quarter 2026 results on October 28: revenue of KRW104.62 trillion, up 327.9% year on year; operating profit of KRW83.33 trillion, up 632.1% year on year and 37.6% quarter on quarter; and net profit of KRW39.77 trillion, up 215.7%, with an operating margin of 80% and a net margin of 38%, both record highs. The company said its DRAM and high-bandwidth memory (HBM) capacity through 2029 is fully sold out, and it plans to return an additional KRW60 trillion to shareholders over the next three years. The KOSPI rose 6.6% to 6,012.4 on October 28, reclaiming the 6,000 mark, with SK hynix up 10.89% and Samsung Electronics up 9.01%. On October 29, Samsung Electronics reported detailed third-quarter results — revenue of KRW195.3 trillion, a record and up 14% quarter on quarter, and operating profit of KRW107.4 trillion — but chip profits fell short of market expectations, sending Samsung down more than 5% and SK hynix from a gain of nearly 7% into the red, with the KOSPI's intraday loss widening to 3%. The product traded between HK$24.880 and HK$27.660 during the session.

The CSOP SK hynix Daily (2x) Leveraged Product (07709.HK) is CSOP's daily leveraged (2X) product on SK hynix Inc., listed on October 16, 2025, with the investment objective of providing investment results that closely correspond, before fees and expenses, to twice the daily performance of the ordinary shares of SK hynix Inc.; the leverage ratio may be adjusted daily depending on market conditions, and the product seeks daily performance only and is not intended to be held for more than one day. The product seeks its objective primarily through a swap-based synthetic replication strategy, has the US dollar as base currency and trades in Hong Kong dollars, with a board lot of 100 units and an ongoing charges ratio of 2.0%.

Goldman Sachs believes the outlook for both DRAM and high-bandwidth memory (HBM) remains strong in 2027: rising server demand combined with limited supply expansion should keep DRAM prices rising into the first half of 2028; long-term agreement (LTA) coverage could reach 60% to 70%; and for HBM, blended average selling prices are expected to rise 122% year on year in 2027 to US$3.7 per Gb, driving global HBM market revenue up more than 230% year on year to exceed US$200 billion.