SK Hynix, 6.247 million shares net sold by individuals over last 5 days... Stock price 97,300 KRW (-0.92%)
As of 1:30 PM on the 20th, SK Hynix is trading at 97,300 KRW, down 0.92% from the previous day. The trading volume is 1,778,996 shares, which is about 64.71% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On November 17, Kim Kyung-min, a researcher at Hana Financial Investment, stated, "The reasons for raising the target price are: 1) Monday's closing price was 98,000 KRW, close to the existing target price; 2) due to strong exports of MCP (combined products of NAND and DRAM for smartphones), NAND price volatility is expected to ease in 2021; and 3) the failed attempt to delay repayment of Tsinghua Unigroup bonds (maturing on 2020.11.15, US$196M, RMB 1.3B) has reduced the risk of China's memory semiconductor rise." He announced SK Hynix's target price at 120,000 KRW.
Over the past five days, individual investors have net sold 6,247,251 shares of SK Hynix, while foreigners and institutions have net bought 6,014,649 shares and 429,290 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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