Hong Kong 2x leveraged long SK Hynix ETF AUM hits record $13 billion
Assets in the AI-linked product have more than tripled in two months, making it the second-largest ETF among about 250 listed in Hong Kong.
Fact Check
The claim, originating from The Kobeissi Letter, is independently corroborated by Bloomberg senior ETF analyst Eric Balchunas (widely reported on 2026-06-18) stating the Hong Kong CSOP SK Hynix Daily 2x Leveraged ETF (07709.HK) reached ~$13 billion AUM, ranking second among ~250 HK-listed ETFs and Asia's fastest-growing. Bloomberg's own June 10 article cited a ~$10 billion size, consistent with rapid growth to $13 billion by mid-June. The fund's October 2025 launch and 2x leveraged structure are confirmed across multiple Bloomberg articles. All key claim elements (record $13B AUM, ~tripled, 2nd-largest of ~250 HK ETFs, October 2025 launch) are well-supported.
Summary
Assets under management in the 2x Leveraged Long SK Hynix ETF, listed in Hong Kong, have reached a record $13 billion. The total has more than tripled over the past two months, underscoring how strongly investors in Asia are leaning into leveraged AI-related trades. The fund is now the second-largest ETF among about 250 listed in Hong Kong, highlighting concentrated demand for products that amplify exposure to a single stock.
Terms & Concepts
- Assets under management: Total market value of assets a fund manages.
- 2x leveraged: A structure targeting twice an asset’s daily move.
- ETF: Exchange-traded fund that trades like a stock.