7709.HK is trading at HK$38.80 (+9.73%) on September 7, 2026, benefiting from SK Hynix’s rebound and renewed AI-memory demand optimism.

  • SK Hynix gained roughly 7% as investors expect persistent memory shortages and continued strong AI accelerator demand.
  • Reports on U.S.–South Korea semiconductor tariff discussions also supported the chipmaker.
  • The ETF targets twice SK Hynix’s daily performance, amplifying the move; U.S. equities remained mixed.