7709.HK is trading 3.76% down as SK Hynix and South Korean memory stocks weakened despite a firmer broader Korean market, while investors appear to be taking profits after the recent AI-memory rally and concerns about Apple testing Chinese CXMT memory chips pressured the memory outlook.

  • NVIDIA declined nearly 3% and Intel fell more than 4% on August 10, worsening U.S. chip sentiment.
  • Geopolitical uncertainty and caution ahead of the August 12 CPI report encouraged risk reduction.