SK Hynix, Foreign Investors Net Buy 1,038,007 Shares in Last 5 Days... Stock Price 85,900 KRW (+0.94%)

As of 1:30 PM on the 1st, SK Hynix is trading at 85,900 KRW, up 0.94% from the previous day. The trading volume is 1,546,212 shares, which is about 31.18% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On July 1st, Kim Yang-jae, a researcher at KTB Investment & Securities, stated, "It is already known that memory prices will temporarily decline in 2H20. However, considering 1) set manufacturers will launch aggressive promotions in 2H20 to compensate for the sluggish 1H20, 2) governments worldwide are implementing massive stimulus policies to revive private consumption, and 3) data traffic is surging due to increased demand for remote work and internet content, leading to inevitable growth in mid-to-long-term data center investments, the possibility of a memory market rebound after 4Q20 is actually increasing." He set SK Hynix's target price at 105,000 KRW.

Over the past five days, individual investors have net sold 828,339 shares of SK Hynix, while foreigners and institutions have net bought 1,038,007 shares and net sold 175,403 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and financial AI specialist Thinkpool.

This content was produced with the assistance of AI translation services.