Analysis: SK Hynix U.S. -South Korea stock price arbitrage opportunities are heating up

According to foreign media analysis and reports, in large IPOs, the IPO price is usually lowered to attract investors. However, SK Hynix successfully completed the release at a price higher than the face value. Analysts believe that this is because the global financial market highly recognizes the company's leading position in the field of HBM and next-generation memory, resulting in oversubscription. The 40 trillion won raised this time will all be used to promote the company's expansion in the global artificial intelligence field. Among them, most of the funds will be used to build an advanced packaging production base in Indiana, USA, and for the research and development of next-generation artificial intelligence memory semiconductors. Since the ADR price of the US dollar is higher than the price of domestic common stocks in South Korea against the background of a high exchange rate, this is expected to bring upward pressure on SK Hynix's share price in the KOSPI market in the short term. Analysts also said stock price synchronization may become more apparent as arbitrage demand between U.S. and South Korean stock markets increases. (Jin Shi)