MarketsHong KongNews brief

Southern 2x Leveraged SK Hynix and Samsung Funds Fall Over 15% and 12% on August 6

Published: Updated: By 24TopNews Editorial Desk

On August 6, the Southern 2x leveraged long SK Hynix fund (07709) fell more than 15%, while the Southern 2x leveraged long Samsung Electronics fund (07747) declined more than 12%. The two Hong Kong-listed leveraged products track the daily performance of their respective underlying South Korean semiconductor stocks, with the steep drops marking a turbulent trading day for the sector.