SK Square is trading at KRW 970,000, down 13.32%, as investors took profits after its sharp rally tied to SK hynix’s Nasdaq ADR listing.
- Broad Korean semiconductor weakness pressured SK hynix and broader technology shares: KOSPI fell 4.58%, while SK hynix dropped 10.37% amid foreign and institutional selling.
- Foreign investors sold KRW 3.978 trillion of Korean equities; the move appears primarily sector-driven rather than linked to a new SK Square-specific announcement.