🔴 SK Hynix is trading 8.37% down today on DRAM sector selloff and supply concerns

SK Hynix is trading 8.37% down at KRW 1,664,000 amid a sharp memory-chip rout and concerns over future supply.

• DRAM stocks fell 10.29% as investors weigh fears that China’s CXMT IPO could increase future supply and pressure global prices.
• The downward move is driven by broader semiconductor sentiment and sector-wide pressure rather than company-specific catalysts.