Hong Kong Storage Concept Stocks Widen Losses; Southern 2x Long Hynix Drops Over 30%, Samsung Product Down 27%
Hong Kong-listed storage concept products saw widening losses, with leveraged ETFs tracking major memory chipmakers falling sharply. The Southern 2x Long Hynix product dropped more than 30%, while the Southern 2x Long Samsung Electronics product declined more than 27%.
Prices of Hong Kong-listed storage concept products declined. The Southern 2x Long Hynix product fell more than 30%, and the Southern 2x Long Samsung Electronics product fell more than 27%.