SK Square surpassed 1 million won in early trading on the 6th, jumping more than 13% from the previous session. With the semiconductor boom highlighting that it holds about 20% equity in SK hynix, buying is flooding in.
At 9:17 a.m. on the 6th, SK Square was trading at 1.12 million won on the Korea Exchange, up 129,000 won (13.02%) from the previous session. SK Square broke through 1 million won for the first time, setting a record high.
SK Square holds about 20% equity in SK hynix. As the semiconductor industry enjoys a boom, the rise in SK hynix's corporate value is seen as increasing the investment appeal of SK Square.
SK hynix beat market expectations with an operating profit of 3.7761 trillion won on a consolidation basis in the first quarter of this year.