As of 2:30 PM on the 4th, SK Hynix is trading at 79,100 KRW, up 0.51% from the previous day. The trading volume is 3,767,158 shares, which is about 54.01% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.


On September 3rd, Minseong Hwang, a researcher at Samsung Securities, stated, "With the listing of Kioxia, SK Hynix's investment asset valuation gains will sufficiently offset profit declines caused by further price drops in the second half of the year. Due to conservative industry investments, an improvement in market conditions is expected after the end of the year and into 2021 as customer inventory is depleted. Even if the market desires a momentum reversal, the current stock price is evaluated as excessively discounted." He set the target price for SK Hynix at 120,000 KRW.


Over the past five days, individual investors have net purchased 1,478,274 shares of SK Hynix, while foreigners and institutions have net sold 2,100,139 shares and net purchased 568,415 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing