ETF Movement | Storage Concept ETF Continues to Rise as Global Storage Chip Companies Strengthen; Institutions Claim the Sector Still Holds High Growth Potential
The storage concept ETF continues to rise. As of the time of writing, XL2CSOPHYNIX is up 27.8%, trading at HKD 100.3; XL2CSOPSMSN is up 6.44%, trading at HKD 147.8. On the news front, according to market media reports, due to the further escalation of the situation in the Middle East, with the U.S. and Iran respectively rejecting each other's proposals to end the war, funds continue to flow into the South Korean stock market. Currently, with the surge in memory demand, Micron Technology's stock price has reached an all-time high. The world's largest memory chip manufacturer, Samsung Electronics, joined the trillion-dollar market cap club last week. SK Hynix's stock price is also at historical highs. As of May 9, driven by the strong earnings performance of major tech companies, U.S. stocks have continued to rise in recent trading days, with all three major U.S. stock indices closing higher. CITIC Securities pointed out that the current expansion of storage manufacturers faces dual constraints from both subjective and objective factors, and the effective release of production capacity in 2026 is limited. It is expected that substantial new capacity will not be released until the end of 2027 to 2028. This means that from the perspective of supply and demand dynamics, the growth sustainability of the storage sector has at least a two-year window period, and we are far from the stage of "the peak has passed."
According to Zhitong Finance APP, the storage concept ETF continues to rise. As of the time of writing, the Southern Double Long Hynix (07709) has increased by 27.8%, trading at HKD 100.3; the Southern Double Long Samsung Electronics (07747) has risen by 6.44%, trading at HKD 147.8.
On the news front, according to market media reports, due to the further escalation of the situation in the Middle East, as the United States and Iran refuse each other's proposals to end the war, funds continue to flow into the South Korean stock market. Currently, with the surge in memory demand, Micron Technology's stock price has reached an all-time high. Last week, the world's largest memory chip manufacturer, Samsung Electronics, joined the trillion-dollar market value club. SK Hynix's stock price is also at historical highs. As of May 9, driven by the strong earnings performance of major technology companies, U.S. stocks have continued to rise in recent trading days, with all three major U.S. stock indices closing higher.
CITIC Securities pointed out that the current expansion of storage manufacturers faces dual constraints from both subjective and objective factors, with effective capacity release limited until 2026. It is expected that substantial new capacity release will need to wait until the end of 2027 to 2028. This means that from the perspective of supply and demand patterns, the growth sustainability of the storage sector has at least a two-year window period, and it is far from the stage of "the peak has passed."
