SK Hynix is trading 3.7% up at KRW 1,913,000 following a sharp recovery in memory-chip stocks and renewed optimism surrounding DRAM pricing and profitability.
- The move follows recent volatility tied to the company's record $26.5 billion U.S. ADR listing and subsequent profit-taking.
- A sector-wide rally in DRAM names is providing the main tailwind for the stock as market sentiment improves regarding memory market margins.