Movement Alert|CSOP SK Hynix Daily Max (2x) Leveraged Product Falls 12.17% in Regular Trading, Three AI Giants Call for Slowing Model Development Sparking Storage Chip Panic

Market Focus
Sep 14

On September 14, CSOP SK Hynix Daily Max (2x) Leveraged Product fell 12.17% in regular trading, trading at 37.92 HKD/share, with turnover of 3.56 billion HKD. The product tracks SK Hynix ADR performance at twice daily leverage, amplifying the underlying stock's sharp decline.

On the news front, Anthropic, OpenAI, and xAI — three leading AI companies — collectively called for slowing the pace of advanced AI model development over the weekend, citing safety concerns. The rare unanimous stance triggered widespread market fears that a deceleration in AI model iteration could lead cloud hyperscalers to cut capital expenditure plans, directly undermining demand expectations for memory chips.

The sell-off rippled across global markets. SK Hynix fell over 5% in U.S. dark-pool trading, while Micron and SanDisk weakened in tandem. In Asia, Korea's KOSPI Index dropped over 3%, SK Hynix shares in Seoul slid more than 6%, Samsung Electronics fell nearly 4%, and Japan-listed Kioxia tumbled close to 10%. In Hong Kong, leveraged Samsung products fell over 8%, while A-share-listed names including GigaDevice and Montage Technology declined around 3%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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