Hong Kong storage plays rebound in afternoon trade as losses in leveraged products narrow

Hong Kong storage plays rebound in afternoon trade as losses in leveraged products narrow

N
News Editor
2026-07-29 05:52:03
Hong Kong-listed storage-related names rebounded in afternoon trading, with losses narrowing in two leveraged products tied to major semiconductor names. According to Odaily, the South Double Long SK Hynix product trimmed its decline to 17% after having fallen more than 28% earlier in the session. The South Double Long Samsung Electronics product also recovered part of its losses, with its drop narrowing to 12% after previously sliding more than 18%. Among individual stocks mentioned in the update, GigaDevice was down 6%, while Montage Technology fell more than 4%. The report characterized the move as an afternoon rebound in Hong Kong storage concept stocks and did not provide additional market background or a reason for the intraday swing.
Hong Kong stocksstorage sectorSK HynixSamsung ElectronicsGigaDeviceMontage Technologytechnology trends

Hong Kong-listed storage-related shares rebounded in afternoon trading, according to Odaily. The South Double Long SK Hynix product narrowed its loss to 17% after falling more than 28% earlier, while the South Double Long Samsung Electronics product cut its decline to 12% after previously dropping more than 18%.

Among individual names cited in the report, GigaDevice was down 6% and Montage Technology fell more than 4%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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