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13.07.26 - 14:21
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AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps (ZeroHedge)
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AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps
SK Hynix shares suffered their steepest decline on record in Seoul following Friday's blockbuster ADR debut in New York. The sell-off spread across South Korea's memory and data storage stocks, helping to drive the benchmark KOSPI down as much as 9% and triggering a 20-minute market-wide trading halt.
SK Hynix fell 15% to 1.845 million won on Monday, while its ADRs dropped nearly 9% in premarket trading to $153.50. The decline came as the chipmaker began trading under its ticker "SKHY" following last Friday's $26.5 billion U.S. listing, the largest share sale by a foreign company.
"Korea's SK Hynix shares are now down 15.6% on the day, for a 37% decline since the June 22 high. Still, the stock is 160% higher than at the start of the year. In part the drop in the Korea listing reflects a switch trade – selling the locally listed shares to buy the US ADRs, which launched on Friday. ...
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13.07.26 - 07:48
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SK Hynix Shares Slump in South Korea After US Listing (Bloomberg)
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SK Hynix shares declined in Seoul on Monday after the memory chipmaker's highly-anticipated US trading debut. The company's $26.5 billion US offering was closely watched as a test of demand for overseas offerings as well as for the longevity of the artificial intelligence rally. Bloomberg's Neil Campling reports. (Source: Bloomberg)...
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13.07.26 - 06:18
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Kospi dream rally fumbles: World′s best-performing stock plunges 7% - what′s behind crash? (Times of India)
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South Korea's Kospi index experienced a significant 7% decline on Monday. Rising Middle East tensions and oil price spikes rattled global investors worldwide. Technology stocks, including SK Hynix and Samsung Electronics, led the sharp fall. The market correction intensified concerns over AI-linked semiconductor company valuations. Despite the recent drop, the Kospi remains a top global performer this year....
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10.07.26 - 15:01
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Halbleiter-Konzern SK Hynix glückt Erstnotiz in den USA (Onvista)
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Dem südkoreanischen Chip-Hersteller SK Hynix ist die bislang größte Notiz eines ausländischen Konzerns an den US-Börsen geglückt. Wie das Finanznachrichtenportal Bloomberg schrieb, erlöste SK Hynix 26,5 Milliarden US-Dollar mit dem Verkauf sogenannter ADRs. Das sei der größte Aktienverkauf eines ausländischen Unternehmens in den USA aller Zeiten, hieß es weiter..
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10.07.26 - 07:30
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South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing (The Guardian)
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SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world's biggest ever stock sales.The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Street's tech-heavy Nasdaq index later in the day. Continue reading......
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09.07.26 - 10:24
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How South Korea′s SK Hynix Became Central to the AI Boom (Bloomberg)
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SK Hynix may not be a household name, but the South Korean memory chipmaker is one of the top names in the hottest corner of the stock market.
Ahead of its US listing, Winnie Hsu looks at how the once-embattled company became a tech darling. (Source: Bloomberg)...
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