On July 13th, Jinshi Data reported that South Korea's SK Hynix saw its stock price drop by 8.2% during early trading on the Seoul stock market on Monday, as investors took profits. SK Hynix surged 12.8% on its first day of trading on NASDAQ last Friday. Ryu Young-ho, a senior analyst at NH Investment & Securities, stated that after SK Hynix completed its U.S. listing, investors took profits, and market sentiment was also affected by cautious expectations regarding SK Hynix's second-quarter performance. He pointed out that investors originally expected SK Hynix's HBM4 chip shipments to increase starting in the second quarter, but this growth does not seem to have materialized on a large scale. Ryu also mentioned that investors have lowered their earnings expectations, as SK Hynix has a higher exposure in the HBM market compared to its competitor Samsung Electronics, and therefore is likely to benefit less from the recent rise in DRAM chip prices
