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Hong Kong-Listed Memory Concept Stocks Plummet Further, with Double Leveraged Long Samsung Electronics Plunging Over 30%
16 hour ago /
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Author：小编
On July 2, the Hong Kong-listed memory concept stocks witnessed a further intensified decline in the afternoon, influenced by the expanding downturn in the South Korean stock market. Notably, the Southern Double Leveraged Long Samsung Electronics experienced a staggering drop of over 30%. Similarly, the Southern Double Leveraged Long SK Hynix tumbled by more than 27%, GigaDevice Semiconductor saw a decline exceeding 16%, and Montage Technology fell by over 14%. Morgan Stanley cautioned that the price momentum of semiconductor stocks is nearing historical extremes and may have already peaked.
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