402340.KS is trading 8.7% up now at $1,955,000 as investors re-rate its large SK hynix stake after the chipmaker announced plans to raise up to $29.4 billion via a major US listing.
- The move significantly increases the perceived embedded value of the stake held by 402340.KS, sparking a sharp rebound following recent semiconductor sector volatility.
- Investors are pricing in enhanced future dividend potential for shareholders resulting from the massive capital raise and valuation uplift.