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SK Hynix, Stock Price Down 0.36% at This Hour... Foreigners Net Sell 1,940,568 Shares in Last 5 Days

As of 9:30 AM on the 23rd, SK Hynix is trading at 83,000 KRW, down 0.36% from the previous day. The trading volume is 398,996 shares, which is about 16.24% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.


On October 21, Choi Doyeon, a researcher at Shinhan Financial Investment, announced a target price of 120,000 KRW for SK Hynix, stating, "On 10/20, Intel disclosed that it will transfer the entire NAND business division, excluding the Optane business of the NSG division. This Big Deal has created upside in performance and stock price for 2021-22. ① Improvement in NAND OPM due to Intel SSD solution application in 2022, ② Expansion of NAND performance upon entering the NAND upcycle, ③ Strengthening of NAND monopoly power due to consolidation effects, ④ Delays in DRAM investment and supply constraints for funding until the end of 2021. Growth potential of NAND through SSD has been added as an investment point."


Over the past five days, individual investors have net bought 1,634,413 shares of SK Hynix, while foreigners and institutions have net sold 1,940,568 shares and net bought 118,501 shares, respectively.


※Source: AI Investment Assistant AI Rassiro


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


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

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