7709.HK is trading at HK$42.10, up +3.19%, as AI infrastructure demand keeps memory supply tight.

  • DRAM and HBM shares are rallying, with SK Hynix a major beneficiary; suppliers meet roughly 75%-80% of current DRAM demand.
  • Bullish sentiment cites SK Hynix’s planned 54.3 trillion won investment in new DRAM and NAND facilities, plus its Nvidia-linked AI-memory opportunity.
  • The ETF’s 2x daily leverage amplifies the SK Hynix rebound after substantial volatility earlier in August.