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SK Chairman Invests in SK Hynix

South Korea ๐Ÿ‡ฐ๐Ÿ‡ท Economy & Trade

5 articles from 1 country

SK Group Chairman Chey Tae-won has purchased approximately 4.8 billion won worth of SK Hynix shares, marking his first direct acquisition. The investment, alongside a strong market performance, has seen SK Hynix shares surge significantly in pre-market trading.

๐Ÿ‡ฐ๐Ÿ‡ท South Korea/Korean NEW

SK Chairman Chey Tae-won buys nearly $4 million in SK Hynix stock

- SK Group Chairman Chey Tae-won purchased approximately 4.9 billion won worth of SK Hynix shares. - This marks his first direct acquisition of the company's stock, previously held indirectly through the group's holding structure. - The purchase was reportedly limited to 5 billion won due to a new regulation requiring 30-day advance disclosure for large stock transactions by insiders.