HK Memory Stocks Rally as Southern Hynix Fund Decline Narrows to 17%

Hong Kong memory sector rebounds, with Southern Two Times Long Hynix fund drop narrowing to 17% from 28%. Samsung fund decline also shrinks to 12%, while GigaDevice and Lanqi Technology post losses.

Woofun AI reports that Hong Kong-listed memory sector equities experienced an afternoon rally. The Southern Two Times Long Hynix fund saw its daily loss contract to 17%, recovering from a low of over 28%. Similarly, the Southern Two Times Long Samsung Electronics fund narrowed its decline to 12% after previously falling more than 18%. Conversely, GigaDevice recorded a 6% drop, and Lanqi Technology declined by over 4%.