Svmuu AI investor degentrading posted on X platform, stating that 7709 HK appears to need to sell 2 million shares of SK Hynix stock when the South Korean market opens on Monday, equivalent to 40% of the daily trading volume. It was also noted that the data is based on personal calculations, and community feedback and corrections are encouraged.
Note: 7709.HK is the SK Hynix Daily (2x) Leveraged Product issued by CSOP (CSOP Double Long SK Hynix). Rebalancing is typically executed at the close of the Korea Exchange (KRX), but due to time zone differences and potential Monday opening gaps, actual selling pressure may concentrate in the early Monday session. This data is the analyst's personal estimate based on public market information.
Sell SK Hynix shares equivalent to 40% of daily trading volume? Analyst suggests 7709 HK may need to sell 2 million SK Hynix shares at Monday's South Korea market open
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Source:Odaily · Source Link
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