HBM Winged SK Hynix Earnings Surprise [3-Minute Brief]

[At a Glance]
① SK Hynix Posts Operating Profit of Over 5 Trillion Won
② Japanese Beer Shows 'Solo Growth Trend'
③ Construction Stocks That Were Sluggish Begin to Rebound

MARKET INDEX

- US New York Stock Exchange's three major indices closed mixed
- Q2 growth rate 2.8%, exceeding expectations
- Big tech sell-off due to disappointing earnings from Tesla and others

TOP 3 NEWS

■ SK Hynix, highest-ever sales since founding and operating profit over 5 trillion won for the first time in 6 years

- Q2 consolidated sales of 16.4233 trillion won
- Sales increased 124.8% compared to the same period last year
- HBM sales up more than 80% compared to previous quarter

■ Expected TMON and WEMAKEPRICE 'settlement delay' incident... Authorities conduct emergency on-site inspection and set up complaint centers

- Increasing damages due to settlement delays at TMON and WEMAKEPRICE
- Joint investigation team formed by Financial Supervisory Service and Fair Trade Commission
- Concerns over spread of a second Merge Point incident

■ Semiconductor boom lifts land prices in Yongin... largest increase nationwide

- Continuous rise for 16 months since turning upward in March last year
- 'Semiconductor effect' drives 3.02% increase in Yongin City's Cheoin-gu
- Gyeonggi Province and Seoul, including Yongin, lead land price growth

Graphic News: Flat Imported Beer Market... Japanese Beer Runs Alone

- Imported beers face dual challenges of diversification and consumption slump
- Only Japanese beer, which has been popular since last year, shows growth
- However, hopes for a boost during the peak summer heat season

the Chart: Construction Stocks Rebound... "Is it time to enter?"

- KRX Construction Index rose 3.71% compared to end of last month
- Meanwhile, KOSPI fell 1.40% during the same period
- "Investment is premature... concerns over increasing unsold properties in provinces"

Terms in the News: The moment of 'cutting losses' leads to social ostracism... 'Cancel Culture'

- 'Cancel Culture' involves unsubscribing from controversial YouTube channels
- A compound of the English words 'Cancel' and 'Culture'
- Representative cases include YouTubers like Goojeyeok and Karakula involved in 'recording manipulation' allegations

Today's Key Schedule

○ Domestic
- 26th: KOSDAQ NH SPAC No.3 listing, offering price 2,000 won
- 26th: KOSDAQ iBeam Technology subscription, offering price 10,000 won

○ Overseas
- 00:00 Speech by ECB President Lagarde
- 08:30 Japan July Consumer Price Index
- 21:30 US June Personal Consumption Expenditure Price Index
- 23:00 US July University of Michigan Inflation Expectations
- 23:30 Atlanta Fed GDPNow Q3 estimate

◇ Lunch & Commute Weather

○ Lowest temperature 27℃(▲1℃) ｜ Highest temperature: 34℃(▲1℃)
○ Precipitation probability 20% in the morning｜60% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

3 minutes is OK, essential time-efficient economic news. Published daily at 8 AM.