A 2x leveraged long position on SK Hynix in the Hong Kong stock market turned negative, erasing its 15% gain from earlier in the session
According to MSX.COM data, the 2x Long Hynix stock in the Hong Kong market turned lower, erasing a 15% gain in early trading; the 2x Long Samsung Electronics stock narrowed its gains to approximately 14%, after previously rising 23%. It is reported that multiple global banks are restricting hedge funds' leveraged bets on Asian chipmakers such as SK Hynix and Samsung Electronics, as these stocks have already surged significantly this year, raising concerns about a potential pullback.
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Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
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SK Hynix is up 5.58% from its previous close, now trading at ₩1,570,000.
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