The CSOP SK Hynix Daily (2x) Leveraged Product surged 9.25% during intraday trading on Wednesday, reflecting strong investor interest in the underlying SK Hynix stock.
The rally comes after SK Hynix announced plans to pursue a US listing through American Depositary Receipts (ADRs) in the second half of 2026. This move is expected to provide access to a broader global investor base and potentially narrow the valuation gap with US peers like Micron Technology, which trades at a higher price-to-earnings multiple.
Additionally, SK Hynix is making significant investments in extreme ultraviolet (EUV) lithography equipment from ASML to expand production capacity for high-bandwidth memory (HBM) and other AI-related chips, further bolstering its competitive position in the semiconductor market.