SK hynix shares fell in early trading on the 11th. The drop is seen as reflecting its designation the previous day by the Korea Exchange (KRX) as an investment warning issue.

SK hynix headquarters in Icheon, Gyeonggi Province./Courtesy of Yonhap News

As of 9:36 a.m. on the 11th, SK hynix stock was trading on the main board down 0.51% (3,000 won) from the previous session at 584,000 won.

Earlier, the Korea Exchange (KRX) Market Surveillance Committee disclosed on the 10th that it had designated SK hynix as an investment warning issue.

The exchange said SK hynix was designated as an investment warning issue because, after a designation notice, the previous day's closing price rose more than 200% from the closing price a year earlier (Dec. 10, 2024) and set the highest closing price in the past 15 days.

In addition, the fact that, over the past 15 days, the number of days when the top 10 accounts by buy-side involvement ratio met certain thresholds was four or more also served as a reason for the designation.

If SK hynix shares rise 40% or more over the next two trading days, trading is expected to be halted. Also, for investment warning issues, 100% of the initial margin must be paid when buying, so unsettled buying on margin is not allowed, nor can the shares be purchased with margin loans.

※ This article has been translated by AI. Share your feedback here.