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Bloomberg: CSOP SK Hynix Daily (2x) Leveraged ETF Balloons to $13B in Hong Kong — World's Largest Single-Stock Leveraged ETF Amplifies Volatility in Key AI Memory Stock

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Summary

Bloomberg's July 1 feature details how CSOP's 2x-leveraged SK Hynix ETF (7709.HK) has swelled to roughly $13B in assets — now the world's largest single-stock leveraged product — and is amplifying volatility in the top HBM supplier to Nvidia. SK Hynix shares are up ~145% YTD on AI memory demand, and the CSOP product has posted nearly 900% returns with $2B of net inflows. The fund's swap-based synthetic exposure means retail flows in Hong Kong now materially feed back into pricing of a strategic AI-supply-chain equity.