CSOP 2x Long SK Hynix (07709) fell 22.2%, closing at HK$19.21. At current prices, the stock has declined for four consecutive days, with a cumulative drop of 45.7%. The stock traded around 28.45 million shares, amounting to HK$548 million.

　　The U.S. reported September CPI rose 3.7% year-on-year, higher than the market expectation of 3.6% and the previous figure of 3.4%. On a month-on-month basis, it increased 0.6%, in line with expectations. The core CPI for September, excluding food and energy, rose 2.6% year-on-year, exceeding the expected 2.5% and the prior 2.4%, while rising 0.3% month-on-month, higher than the expected 0.2%. Inflation data surpassing expectations boosted rate hike expectations, causing the yield on the U.S. 10-year Treasury note to spike briefly above 5.3%, but it quickly attracted bargain buyers, causing the yield to rapidly retreat to around 5.11%.

　　Global risk appetite plunged sharply, with South Korean stocks continuing to fall sharply. The KOSPI index opened lower and widened losses to over 7.8%, approaching the 8% circuit breaker level. Heavyweight stocks tumbled, with SK Hynix down 10.9% and Samsung Electronics down 8.4%. Hong Kong-listed South Korean ETFs suffered widespread losses; CSOP 2x Long Samsung (07747) dropped 19%, closing at HK$46.44; CSOP KOSPI (03121) fell 8.9%, closing at HK$5.325; A-CSOP South Korea Covered Call (03537) declined 8.6%, closing at HK$7.675.

　　Currently, the Hang Seng Index stands at 24,081, down 232 points or 1%, with main board turnover exceeding HK$15.6 billion. The Hang Seng China Enterprises Index is at 8,106, down 77 points or 0.9%. The Hang Seng Tech Index is at 4,092, down 81 points or 2%.
 

Table showing performance of related stocks

Stock (Code)	Current Price (HK$)	Change (%)
XL Two CSOP SK Hynix (07709)	19.21	Down 22.16%
XL Two CSOP Samsung (07747)	46.44	Down 18.95%
CSOP KOSPI (03121)	5.325	Down 8.90%
A-CSOP South Korea Covered Call (03537)	7.675	Down 8.58%

(hc)