SK hynix 2Q Operating Profit Hits 9.2 Trillion Won... Record-High Earnings [3-Minute Brief]

[At a Glance]
① SK hynix Sets New All-Time Quarterly Record... HBM Sales Drive Performance
② Q2 Growth Rate at 0.6%... US Tariff Negotiations a Key Variable
③ Trump: "Serious Negotiations with the EU Underway... Talks with China in Final Stages"

MARKET INDEX : Year to date

○S&P and Nasdaq hit new record highs again due to optimism over Alphabet-driven AI; Dow falls 0.7%
○Alphabet's unexpected second-quarter earnings boost the stock market
○US is close to finalizing a trade agreement with the EU, following Japan

Top3 NEWS

■ 'HBM Dominance' SK hynix posts 2Q operating profit of 9.2129 trillion won... "Record-breaking performance"

○Breaks previous record set in Q4 last year
○Operating profit up 70% year-on-year
○Shipments of DRAM, NAND, etc. exceed expectations

■ "Revived consumption and exports" Q2 growth rate at 0.6%, key for the second half

○Q2 real GDP growth rate up 0.6% quarter-on-quarter
○Private and government consumption increased... Semiconductor-driven export boom
○US tariff negotiations are a major variable; domestic demand recovery also needs to be monitored

■ Trump: "Trade negotiations with the EU are progressing seriously... China talks in final stages"

○Announced at AI Summit event... Foreign media expect "EU tariff at 15%"
○Atmosphere suggests 15% is the lower limit for tariffs
○US requested postponement of the Korea-US 2+2 talks scheduled for the 25th

Graphic News: Four major financial groups' net profit in the first half approaches 10 trillion won... Expected to set another all-time high

○The four major financial holding companies are expected to set new record earnings
○Non-interest income and expanded interest margin are driving performance
○Annual net profit expected to reach around 18 trillion won

the Chart: Mixed outlook for LIG Nex1 stock price... Will MSCI inclusion boost it again?

○Stock rally stalls as foreign buying slows
○Securities firms show mixed views: some raise target price, others lower investment rating
○Likely candidate for MSCI inclusion in August... Attention on expanded demand

Today's Key Schedule

○Domestic

On the 24th, KOSDAQ Hana No.35 SPAC subscription, planned public offering price 2,000 won

On the 24th, KOSDAQ Neurofit listing, confirmed public offering price 14,000 won

○International

05:30 US Federal Reserve balance sheet

08:30 Japan Tokyo Core Consumer Price Index (YoY) (July)

17:00 Germany Expectations Index (July), Current Assessment Index (July)

21:30 US Core Durable Goods Orders (MoM) (June)

◇Lunch & Commute Weather

○Lowest temperature 27°C(▲1°C) ｜Highest temperature: 37°C(▲1°C)
○Precipitation probability: morning 0%｜afternoon 0%
○Fine dust: good in the morning｜good in the afternoon

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