🔴 7709.HK is trading 15% down today as AI-chip pullback hits SK Hynix exposure

7709.HK is trading 15% down today as SK Hynix-related exposure is hit by a broader pullback in AI-chip and technology stocks.

• The leveraged structure magnifies the downside as investors rotate out of capital-intensive AI chip names following recent pressure on semiconductor and AI infrastructure stocks.
• Selling pressure is also driven by profit-taking after extreme volatility in the product over the past few weeks.