SK Hynix and Samsung Electronics Shares Drop 12% and 8.8% Following Leverage Restrictions
2026-07-17 11:28

Woofun AI reports that SK Hynix and Samsung Electronics shares declined by 12% and 8.8% on Thursday, following the imposition of restrictions on leveraged funds tracking chip manufacturers by South Korean authorities. SK Group Chairman Chey Tae-won stated at a Korea Chamber of Commerce and Industry forum that memory chip demand is growing exponentially, which he believes supports a long-term upward trend for the stocks despite recent corrections after excessive gains.

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Tags:
Chey Tae-won
SK Group
SK Hynix
Samsung Electronics
Korea Chamber of Commerce and Industry
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