Large cornerstone investment flows into SK hynix ADR; Samsung SDS union launches and Toss listing is also put on hold
A large cornerstone investment has entered SK hynix’s American depositary receipt (ADR) offering. On the same day, Samsung SDS launched its first-ever union, which demanded collective bargaining and a revamp of the incentive system just one day later. Toss’s Nasdaq ADR listing was put on hold, while a forecast emerged that 200billion dollars would flow into U.S. stocks amid expectations of the launch of a Trump-related fund.
Get free SK하이닉스 email updates.
Bullstory sends one daily email when new analysis or important company news is available.
SK hynix’s ADR offering conducted in 7month on 7day attracted a record-scale cornerstone investment. The news drew attention as it involved an event related to the inflow of overseas investors’ funds.
On the same day, Samsung SDS officially launched the company’s first labor union. One day after its launch, on 7month 8day, the union demanded collective bargaining and a revamp of the incentive system.
Toss announced that it would put its Nasdaq ADR listing on hold. The decision to suspend the listing could affect the scheduled timetable for the inflow of funds from overseas stock markets.
Samsung Electronics reported a large operating profit in the recent quarter. Articles also reported the figure excluding performance-bonus-related items.
In the United States, news emerged of the launch of the “Trump Account,” and forecasts were raised for an inflow into the US stock market of 200hundred million dollars. Reports said that this projected flow of funds could affect global capital allocation.
The government announced that it would proactively block speculative demand for land near semiconductor industrial complexes. Reports said that measures to block speculative demand would directly affect land transactions and development plans.