By the close of today's Hong Kong stock market, the South had doubled its share of Hynix's decline of 49.89% this week. At the close, the price fell 76.87% compared to the highest point on June 25. On Monday, the ETF fell sharply by 33%, then rebounded on Tuesday and Wednesday, with increases of 8.85% and 10.09% for the two trading days, respectively. This Thursday and Friday, the ETF continued its sharp decline, with two-day declines of 21.32% and 20.68%, respectively. According to Oriental Wealth data, the ETF's size as of July 16 was 51.74 billion yuan, down 60% from the previous high. Another ETF under Southern Dongying that tracks Korean chip stocks also fell sharply, reaching 39.76% this week.

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