The ETF collectively opened high, as of the time of writing, Southern double long SK Hynix (07709) rose by 14.96%, to 124.85 Hong Kong dollars; Southern double long Samsung Electronics (07747) rose by 12.74%, to 177.45 Hong Kong dollars. On the news front, on May 27th, the South Korean stock market opened high and continued to rise strongly, with the South Korean KOSPI index expanding to 5% in the morning, setting a new historical high. As of the time of writing, the increase had narrowed to 3.75%. SK Hynix's stock price surged by 11% in a single day, surpassing the $1 trillion market cap mark and joining the global trillion-dollar market cap club. It is worth mentioning that this trend closely follows the high performance of chip stocks in the overnight U.S. market. Micron Technology rose by over 19% overnight, reaching a new historical high during trading and surpassing the $1 trillion market cap mark for the first time. UBS raised the target price of this storage chip manufacturer from $535 to $1625, the highest level on Wall Street. This target price corresponds to a market cap of $1.8 trillion. Goldman Sachs believes that the South Korean stock market is likely to continue to rise, as the soaring profits in the semiconductor industry in the current "storage chip super cycle" are reshaping the investment landscape in Asia. CITIC Securities pointed out that the current expansion of storage original factories faces both objective and subjective constraints, with the effective capacity release limited until 2026, and substantial new capacity release expected to wait until the end of 2027 to 2028, with limited room for increased supply growth rate during the process. There is strong confidence in the trend of the storage industry, and the industry is expected to maintain high prosperity, with original factories and related storage design companies expected to sustain high profitability for a longer period of time.