🟢 402340.KS is trading 11% up today on SK hynix stake re-rating and AI optimism

402340.KS is trading 11% higher at ₩1,970,000 following a significant re-rating of the company's stake in SK hynix.

• The rally is fueled by growing optimism regarding AI and High Bandwidth Memory (HBM) chips, alongside expectations for enhanced shareholder return policies at both firms.
• The stock has maintained a powerful upward trajectory since mid-June, repeatedly reaching record or near-record price levels.
• Korean financial media outlets cite improved capital return strategies as a primary catalyst for the recent valuation surge.