**[Viewpoint: SK Hynix to Face Forced Selling of Approximately 2 Million Shares on Monday, Leveraged Products' Passive Rebalancing Pressures Korean Stock Market]** BlockBeats News, June 7 – Leveraged product researcher degentrading stated that the leveraged fund "Southbound 2x Long Hynix" (7709.HK), listed on the Hong Kong Stock Exchange, will be forced to sell approximately 2 million shares of SK Hynix stock at the opening of the Korean market on Monday due to the sharp decline in SK Hynix's stock price last week. This sell order is equivalent to 40% of SK Hynix's normal daily trading volume, creating significant and mechanical selling pressure. What’s more concerning is that the gamma effect of leveraged products could lead to a vicious cycle where the lower the price drops, the more selling occurs, potentially triggering a chain reaction. Degentrading believes that the Korean stock market will face extremely strong downward pressure on Monday and boldly predicts that after the U.S. market opens on Monday, EWY (iShares MSCI South Korea ETF) could drop to $145 (current price: $175). Degentrading admits that this prediction "might be a bit crazy," but the core logic is that the passive rebalancing sell orders from leveraged products will dominate the market, leading to a highly bearish short-term outlook for the Korean semiconductor sector and the overall stock market. Particular attention is drawn to the amplifying effects and liquidation risks posed by leveraged tools such as "Southbound 2x Long Hynix" (7709.HK). [Original Link]