APAC Roundup

Lots of SK Hynix news out of Korea; Indium Phosphide; Digitimes 2026 outlook

SK Hynix +6.8%

1. In an effort to shore up the Won, the Korean finance ministry said proceeds from sales of foreign equities would be exempt from capital gains tax if the money was reinvested in South Korean stocks. (FT)

2. Today, SK Hynix was removed from the investment warning list. Going forward, large caps like Hynix will be excluded from investment warning designations.(Chosun)

3. Upgrade from NH Securities to 880,000 KRW, applying a 3.3x PBR.