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SK hynix headquarters in Icheon, Gyeonggi Province. (Photo: Yonhap News) |
[Alpha Biz= Paul Lee] The Korea Exchange (KRX) Market Oversight Committee announced on the evening of the 10th that SK hynix has been designated as an Investment Warning issue.
According to the committee, SK hynix met the criteria for designation as its closing price on December 10 surged more than 200% compared to the same date a year earlier (December 10, 2024) after a prior warning notice was issued. The stock also recorded the highest closing price over the past 15 trading days.
Additionally, over the past 15 days, the top 10 accounts with the greatest influence on price movements exceeded the thresholds set by the committee chair for at least four trading days — another basis for the warning designation.
SK hynix had previously received a warning notice last month, but a price decline at that time prevented formal designation. This month, however, shares rallied to 587,000 won, driven by expectations surrounding a potential ADR listing in the U.S., resulting in the official Investment Warning status.
If the stock rises more than 40% within the next two trading days, trading may be suspended.
Under the Investment Warning classification, investors must pay 100% cash upfront when purchasing shares, making margin trading and credit-based purchases unavailable.
With December 11 also marking derivatives expiration day, SK hynix’s share price is expected to see increased volatility.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
