SK Square Co., Ltd. is trading approximately 13% up at $1,596,000 today, fueled by optimism surrounding SK Hynix's expanded shareholder returns and recent analyst target price upgrades for SK Square.
- The move comes amid a broader Kospi relief rally following a prior market selloff in early June driven by foreign outflows.
- SK Square, which holds a 20.5% stake in SK Hynix, is benefiting from expectations of increased dividends from the semiconductor giant and institutional investor interest due to its growing net asset value.