SK Hynix, Foreign Investors Net Sell 1,975,363 Shares Over Last 5 Days... Stock Price at 78,200 KRW (-0.64%)
As of 2:30 PM on the 7th, SK Hynix is trading at 78,200 KRW, down 0.64% from the previous day. The trading volume is 2,328,973 shares, which is about 52.78% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On September 7th, Kim Young-woo, a researcher at SK Securities, stated, "① Due to floods in China causing production and sales disruptions for smartphone companies in the Greater China region, delays in APPLE's new product launches, and weakening server demand, there is instability in 3Q memory semiconductor demand. ② In the global high-end smartphone market, the rapid decline of Huawei, one of the company's key customers, and the decrease in smartphone sales in China have caused sales disruptions. ③ What to watch in 2021 is the company's 176-layer 4D NAND, which is expected to deliver excellent products and cost competitiveness according to the technology roadmap." He set SK Hynix's target price at 104,000 KRW.
Over the past five days, individual investors have net purchased 871,399 shares of SK Hynix, while foreigners and institutions have net sold 1,975,363 shares and net purchased 1,042,982 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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