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Hong Kong storage shares fall as CSOP leveraged ETFs drop

NewsFeeds update

Hong Kong-listed storage-concept stocks declined, with the CSOP 2x long SK Hynix ETF (07709.HK) falling more than 17% and the CSOP 2x long Samsung Electronics ETF (07747.HK) dropping over 14%.

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The story so far: Hong Kong storage stocks decline

Hong Kong-listed storage-concept stocks declined in mid-October, with CSOP 2x Long Hynix and Samsung Electronics ETFs and Montage Technology falling sharply. On Nov 3 storage-related shares slipped again in early trading, Montage Technology down over 6%, GigaDevice over 3%, with Longsys and VSTECS also lower.

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  1. Hong Kong storage shares fall as CSOP leveraged ETFs drop

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