7709.HK is trading at HK$38.38 (+3.90%) as the move appears to extend the South Korean semiconductor rally, with strong AI-related memory demand supporting SK Hynix and the broader chip sector.
- Industry analysts expect DRAM demand to remain above supply, while AI infrastructure spending is lifting HBM and conventional-memory pricing.
- SK Hynix’s recently announced 54 trillion-won fab investment reinforces confidence in long-term AI-memory demand and likely amplified the ETF’s leveraged upside.