Financing costs for global investors seeking leveraged exposure to SK Hynix’s Korea-listed shares have fallen to about 150 to 300 basis points over SOFR, down from more than 1,000 basis points in mid-June. Bank of America, Citigroup, Goldman Sachs Group and JPMorgan Chase are among the banks quoting the lower spreads for swap exposure, after SK Hynix’s U.S. ADR listing and a sharp correction in AI-related stocks eased concentrated demand and bank risk. SOFR has traded between 3.50% and 3.69% since May. SK Hynix shares had risen about elevenfold from June 2025 through June 22, 2026, while the Kospi fell 22% in July. Assets in CSOP Asset Management’s Hong Kong-listed leveraged SK Hynix ETF dropped below $5 billion by August 19, less than one-third of their June 25 level. Asian investors have also reduced technology and cyclical-stock exposure in favor of defensive shares.