JesseRW
07-09

I was an early adopter of PCs, then the internet, smartphones, and now AI. Each of these has greatly improved my capabilities, to the point where I can't imagine life without them.

I've been using AI to find and summarize local Korean and Taiwan news, articles, and analyst videos on $SK hynix(SKHY)$ , Samsung, and TSM. Here's an interesting analysis I came across regarding recent selling pressure on the KOSPI.

The forward guidance for $Micron Technology(MU)$  is in the low 6.x range, while $SK hynix(SKHY)$  and Samsung are in the 5.x range after the recent selling. That's a mind-boggling discount, considering these three companies have some of the strongest growth and best profits globally.

US-listed ADRs typically trade at a 10-20% premium compared to their underlying stocks in Korea or Taiwan. One analyst speculates that some of the selling on the KOSPI (and of US memory stocks) could be to free up capital to buy $SK hynix(SKHY)$  ADRs in the US, aiming to capture that quick 10-15% premium. The view is that this could be a short-term profit trade, with money eventually flowing back.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment