SK Hynix is trading at KRW 1,500,000, down -9.75%, as rising Treasury yields pressure high-growth technology valuations and investors take profits in a crowded AI trade.
- Shares fell alongside memory-chip stocks.
- The 40 trillion-won buyback, announced August 19, is supportive for shareholders but appears intended to address valuation concerns rather than explain the same-day decline.
- The program covers up to 24.07 million shares, beginning August 20.