Some professional traders predict that the value of ADR will increase through purchasing SK Hynix shares next week.
JP Morgan is among the lead underwriters leading SK Hynix's ADR listing.
It's just a fun conspiracy theory, but the story is that J**gan intentionally released negative reports to create justification for maintaining semiconductor short positions, and Morgan**ly also participated together to establish short-selling positions in Asia.
The benefits gained through this are
The effect of lowering the offering price through downward pressure on SK Hynix's main stock price
Premium effect for SK Hynix's ADR listing (as other U.S. semiconductor companies are declining, a clear comparison group with confirmed corporate value emerges)
Hedge position prepared for any potential failure through the process of lowering the offering price (a kind of safety mechanism to recover some losses if it fails)
That's about it.
Now that the listing will take place, positive semiconductor-related reports may pour out to ensure a successful listing and increase profits.
In my prediction, it's likely that BlackRock will release it first. The reason is that BlackRock's stake in SK Hynix is about 5%.
In fact, this is all kind of a conspiracy theory for fun, but
it's also a story that makes you think, "That could be the case."
Despite Samsung Electronics and Micron having excellent results, reports suddenly poured out from Wall Street claiming that semiconductors had risen sharply, and the sentiment became very negative.
This is because they continued to put downward pressure on stock prices through short-selling positions.
The KOSPI index plummeted, and due to movements attempting to cover losses through leveraged short/long positions, our country's stock prices were shaken greatly. Of course, I think foreigners may have had the intention to intentionally shake the market through leveraged purchases, but since that part is still uncertain, it's just circumstantial evidence.
Nothing is certain about the future, but unless the Iran war recurs or there are global adverse factors we don't know about, it seems likely that a favorable wind will blow briefly in semiconductors.
For those who overcame the fear that was dropping sharply and either averaged down a bit according to their own judgment, or bought when the bottom was confirmed through cash monitoring, I hope that a reasonably good result of waiting and patience will come.
