7709.HK is trading 4.43% up today as South Korean memory-chip stocks recover from recent weakness.

  • SK Hynix rose about 2.32%-2.82% on September 4, while KOSPI gained roughly 1.53%, supporting the ETF’s leveraged rebound.
  • Dovish comments from Fed Governor Christopher Waller reduced implied September rate-hike odds from 63.2% to approximately 50.4%, improving appetite for growth-oriented semiconductor shares.
  • Concerns about proposed U.S. semiconductor tariffs eased after Seoul indicated details were not finalized and it would protect Korean companies’ interests.