SK Hynix, Foreign Investors Net Buy 4,029,511 Shares in Last 5 Days... Stock Price 80,900 KRW (-1.22%)

As of 9:30 AM on the 16th, SK Hynix is trading at 80,900 KRW, down 1.22% from the previous day. The trading volume is 908,872 shares, which is about 15.5% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On September 11, Kiwoom Securities researcher Park Yu-ak stated, "Server demand remains strong from China's Alibaba and Tencent, but the intensifying US-China trade dispute has led to reduced investments from ByteDance, Microsoft, and Google, as well as decreased advertising revenue causing Facebook to cut back on investments. This demand slowdown is expected to result in a sharp drop in server DRAM prices in 4Q20 and a significant decline in SK Hynix's performance. Despite the launch of new console games, the NAND segment in 4Q20 is projected to continue operating at a loss due to weak demand for mobile products." He set SK Hynix's target price at 105,000 KRW.

Over the past five days, individual investors have net sold 3,602,334 shares of SK Hynix, while foreigners and institutions have net bought 4,029,511 shares and net sold 456,171 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 company Thinkpool.

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