---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42669288.md"
description: "$XL2CSOPHYNIX(07709.HK)$SK Hynix(SKHY.US) The US ADR is already at a 50% premium compared to the underlying stock, that's just absurd, absolutely absurd. Some people are shorting the ADR and going long the underlying stock, they're going to have a tough time now."
datetime: "2026-07-15T00:02:34.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42669288.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42669288.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42669288.md)
author: "[晓风 morning_wind](https://longbridge.com/en/profiles/6620864.md)"
---

# $XL2CSOPHYNIX(07709.HK)$SK Hynix(SKHY.US) The US A…


### Related Stocks

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

## Comments (12)

- **团圆粑粑的第二战场 · 2026-07-16T05:50:19.000Z · 👍 1**: The Southbound two-times leveraged product fell sharply.
- **リムル · 2026-07-15T01:27:30.000Z · 👍 1**: It's about 34% now.
- **陆羽鸿渐 · 2026-07-15T01:27:02.000Z**: Is it really going to follow this rhythm in the days before listing? 🌚, enjoying an ultra-high premium rate, I thought it was 20 points, but it turned out to be 50%, the underlying stock should be able to pull up over ten points today, but shorting ADRs and longing the underlying stock, isn't that 
- **我不会算溢价 · 2026-07-15T00:53:06.000Z · 👍 1**: It's better than being long on Xiaomi, don't you think?
- **捡贝壳去咯 · 2026-07-15T00:47:40.000Z**: Why is this happening
- **Silas_ · 2026-07-15T00:44:39.000Z**: The leverage is too high, and many people are leveraging on top of leverage, making it too fragile to withstand major fluctuations.
- **跟顾神反着买 · 2026-07-15T00:32:24.000Z**: Bought in at 120, didn't average down at 50, 😳, might get beaten down to 80 today
- **股指比严格1:3 · 2026-07-15T00:32:12.000Z**: I'm buying ETF KMEM now just to isolate US stock ADRs.
- **码死磕 · 2026-07-15T00:13:59.000Z · 👍 1**: One side is plummeting, the other side is soaring wildly. It's like gambling.
- **夜空里最亮的星 · 2026-07-15T00:10:19.000Z**: It's acting like a meme stock; I don't know how to trade it anymore.
- **赚够了就收手 · 2026-07-15T00:05:05.000Z**: Want to get in but don't dare to
- **三思又三思 · 2026-07-15T00:04:04.000Z**: Shocked by the premium