Korea’s Listing Rule: Seoul Said U.S. IPOs Count Too
Seoul’s top financial regulator said Oct. 22 its duplicate listing rule covers U.S. IPOs. The next morning, SK hynix stopped reviewing a Solidigm IPO.
SK Hynix
KOSPI Fell 5.5%. The Buybacks Are Ending.
KOSPI fell 5.46% on Oct. 13, its fifth straight drop. Samsung’s ₩15 trillion buyback ended Oct. 6; SK hynix’s was 84% done by Oct. 6. What to watch this week.
Can You Buy DRAM Stocks in the US? Two of the Big Three.
Samsung, SK Hynix and Micron make about 88% of global DRAM revenue. A US brokerage account can buy two of them directly. Samsung needs a workaround.
Korea Heard From Wall Street. Then It Closed.
Druckenmiller visited Seoul on Sept 22 and said Korea has good companies. The Bank of Korea ran a chip-downturn scenario the same day. Then Seoul closed.
How to Buy SK Hynix Stock From the US
SK Hynix trades on Nasdaq as SKHY, sits inside EWY at 21.51% (as of Oct. 16), and still lists in Seoul as 000660. Three doors, three different things you own.
SK Hynix Has Three Rumors on Korea’s Public Record
SK Hynix has three rumors on file in Korea. A Chongqing stake sale, a Japan fab, a Solidigm pre-IPO. All answers said undetermined. Each has a filing deadline.
Korea Rose 3.3% This Week. Monday Was 4.6%.
KOSPI gained 3.3% for the week ended Sept 11, but Monday alone was 4.6%. Wall Street was shut that day — and EWY finished flat. Here’s why.
Samsung and SK Hynix Filed to Buy Stock — Not to Cancel It.
42 Korean firms filed to buy their own shares Sept 9, Samsung and SK Hynix included. But buying is not cancelling – here’s what it means for EWY.
What Did EWY Do While Seoul Ran? Not Much.
US markets closed for Labor Day while Seoul’s KOSPI jumped 4.6%. When New York reopened, EWY rose just 0.55%. Here’s where the gap went.
Korea’s Won: Seoul Says Immune, Washington Says Tariffs
Seoul’s central bank called the won immune; Washington put Samsung and SK Hynix on notice. The won ended the week stronger at 1,350.4.