余烬
余烬|Jul 03, 2026 13:10
[South Korean Stock Market Volatility: SK Hynix Price Swings Draw Attention] The South Korean stock market is just too wild right now—yesterday it hit a circuit breaker on the downside, and today it hit a circuit breaker on the upside. These crazy ups and downs are definitely not for the faint-hearted. SK Hynix was $1,800 the day before yesterday, $1,300 yesterday, and $1,600 today. The price swings are as wild as some of the altcoins on Upbit before, making you almost forget this is a $1.14 trillion market cap giant. ‍♂️ (I’m out, can’t handle this kind of excitement ). But seriously, the South Korean stock market is insane—two companies (Samsung + SK Hynix) make up 60% of the entire country’s stock index. Both of these companies are in the memory business, so ever since memory storage became the global financial focus this year, South Korea’s stock market has been hitting circuit breakers on consecutive days—something that hasn’t really happened in other countries. And it’s already happened several times. Next Friday (July 10), SK Hynix is heading to the U.S. stock market, listing its ADR (American Depositary Receipt) on Nasdaq. Previously, it was only listed in South Korea, and many people and funds wanted to get involved but couldn’t. Now that it’s going to the U.S. market, a larger pool of investors and capital can join in. Expect even more price swings then. I saw that Bitget has already launched pre-IPO contracts for SK Hynix’s U.S. listing (SKHY). So if anyone wants to get in on the SK Hynix ADR IPO pricing game, you can participate early through Bitget before the market opens next Friday.
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