---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39705844.md"
description: "$XL2CSOPHYNIX(07709.HK) Asian markets plummeted on negative news during the day, while US stocks rallied on positive news at night. A world where only Asian retail investors get hurt has been achieved 😀. SK Hynix and Samsung are falling further behind, lagging far behind US memory stocks. I moved some positions from SanDisk over here, only to see it become a counter-trend move 🌚. The Korean market is too fragile. Even though the top two memory players are in Korea, controlling the narrative in the memory sector, it's still just so-so. The elasticity is too poor. A little influence from oil prices, a little influence from international politics, and it's ready to hang itself..."
datetime: "2026-04-02T14:29:06.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39705844.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39705844.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39705844.md)
author: "[呼噜噜壮仔](https://longbridge.com/en/profiles/13552510.md)"
---

# $XL2CSOPHYNIX(07709.HK) Asian markets plummeted on…


### Related Stocks

- [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md)
- [07709.HK](https://longbridge.com/en/quote/07709.HK.md)
- [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)

## Comments (2)

- **火男 · 2026-04-02T14:45:35.000Z**: Next, the Hong Kong stock market will be closed for 5 days, and I don't know what will happen during these days.
  - **呼噜噜壮仔** (2026-04-02T18:25:09.000Z): I reckon they'll seize the island of Halk after Easter.