SK Square (402340.KS) is experiencing a sharp rebound, trading 9.1% up today at KRW 1,963,000. - This surge is primarily driven by the re-evaluation of its significant 20.5% stake in SK hynix, following SK hynix's announcement on June 24, 2026, of a plan to raise up to $29.4 billion through a major U.S. stock market listing (ADR). - Investor optimism is further fueled by strong expectations for increased dividends from SK hynix, which will enhance SK Square's net asset value and shareholder returns. - The company's underlying asset value and dividend potential are gaining strong confidence amidst global semiconductor market dynamics.