Southbound Double Leveraged Hynix ETF Plummets 85% from High, Samsung ETF Drops 78%

Hong Kong-listed Southbound double-leveraged ETFs for Hynix and Samsung Electronics suffer severe drawdowns, with Hynix falling 17.6% intraday to HK$31.2, marking an 85% decline from peak.

Woofun AI data shows that the Southbound Double Leveraged Hynix ETF (07709) dropped 17.6% intraday on July 29 to HK$31.2, representing an approximate 85% decline from its previous high of HK$193.65.

The Southbound Double Leveraged Samsung Electronics ETF (07747) decreased 9.6% to HK$55.4, reflecting a nearly 78% reduction from its peak value of HK$243.1.