7709.HK is trading at HK$43.08, down -3.32% on September 10, 2026, likely reflecting profit-taking after its recent surge, including a 16.12% gain on September 7.

  • The pullback appears to be a normalization move rather than deterioration in SK Hynix’s underlying AI-memory outlook.
  • AI infrastructure demand remains strong: inventories at Samsung and SK Hynix reportedly fell below ten days of supply; SK Hynix ADRs reached a record $196.48 on September 9.
  • Broader risk aversion from oil above $100 and Middle East tensions may have amplified the decline.