--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000760070.md" description: "7709 is the 2X long SK Hynix ETF and SK Hynix is up over 300% YTD, just filed a ~26B Nasdaq ADR IPO at a ~1.2T valuation. on a 2x leveraged ETF that move is insane but PLEASE respect the leverage decay, this is a trade not a hold-forever. sizing small and watching the IPO date around July 10." datetime: "2026-06-25T04:43:35.000Z" locales: - [en](https://longbridge.com/en/topics/100000000760070.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000760070.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000760070.md) author: "[Just_Tobii_](https://longbridge.com/en/profiles/2063928047786545152.md)" generator: "portal-rs" --- # 7709 is the 2X long SK Hynix ETF and SK Hynix is u… ### Related Stocks - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**