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On June 24, South Korean memory chip giant SK Hynix announced plans to raise up to 45 trillion won (approximately $29 billion) through the issuance of American Depositary Receipts (ADRs) in New York, with the transaction expected to begin in July. If successful, this financing will surpass Alibaba's $25 billion IPO in 2014, becoming one of the largest overseas equity financing projects in South Korean history and approaching global capital market records. According to the plan, SK Hynix will first issue shares in South Korea, then deposit the relevant shares with the Korean Securities Depository as the underlying securities for the ADRs. Korean regulators are expected to complete their review by July 3. The funds raised will primarily be used for the construction of the semiconductor cluster in Yongin, South Korea, and a factory in Indiana, USA, as well as for the purchase of EUV lithography equipment to support the expansion of advanced storage capacity related to AI. Citigroup, JPMorgan Chase, Goldman Sachs, and Bank of America have been selected as lead underwriters. SK Hynix's confidence in this U.S. financing is bolstered by its strong position in the AI industry chain. As a leading company in the high bandwidth memory (HBM) sector, it is a core supplier of AI accelerator chips for NVIDIA, and driven by AI demand, its stock price has increased by over 300% this year. CEO Lee Seok-hee stated that the company aims to leverage the U.S. capital market to enhance its global influence and achieve a valuation level comparable to other AI hardware companies.

[SK Hynix Plans Record $29 Billion ADR Financing in the U.S.]On June 24, South Korean memory chip giant SK Hynix announced plans to raise up to 45 trillion won (approximately $29 billion) through the issuance of American Depositary Receipts (ADRs) in New York, with the transaction expected to begin in July. If successful, this financing will surpass Alibaba's $25 billion IPO in 2014, becoming one of the largest overseas equity financing projects in South Korean history and approaching global capital market records. According to the plan, SK Hynix will first issue shares in South Korea, then deposit the relevant shares with the Korean Securities Depository as the underlying securities for the ADRs. Korean regulators are expected to complete their review by July 3. The funds raised will primarily be used for the construction of the semiconductor cluster in Yongin, South Korea, and a factory in Indiana, USA, as well as for the purchase of EUV lithography equipment to support the expansion of advanced storage capacity related to AI. Citigroup, JPMorgan Chase, Goldman Sachs, and Bank of America have been selected as lead underwriters. SK Hynix's confidence in this U.S. financing is bolstered by its strong position in the AI industry chain. As a leading company in the high bandwidth memory (HBM) sector, it is a core supplier of AI accelerator chips for NVIDIA, and driven by AI demand, its stock price has increased by over 300% this year. CEO Lee Seok-hee stated that the company aims to leverage the U.S. capital market to enhance its global influence and achieve a valuation level comparable to other AI hardware companies.

SK Hynix Plans Record $29 Billion ADR Financing in the U.S.

On June 24, Qualcomm (QCOM.US) shares rose 2.58% to $209.4 in pre-market trading. According to multiple media outlets including Reuters, Qualcomm is in discussions with ByteDance to provide custom chip design services. If the collaboration is finalized, ByteDance would become one of the early significant clients for Qualcomm's chip design services. The chips being discussed may include video processing units (VPUs), with plans for mass production as early as the end of this year. The chip segment will utilize high-speed connectivity technology from AlphaWave Semi, which Qualcomm acquired last year. Additionally, Qualcomm will hold an Investor Day on June 24 (Wednesday), where the market expects management to elaborate on its AI and data center strategic transformation. Investors are looking forward to management disclosing more details about large-scale customer ASIC orders, setting data center revenue targets (such as JPMorgan's forecast of over $3 billion for fiscal year 2027 and reaching $35 billion by fiscal year 2031), and unveiling the roadmap for the Dragonfly AI inference accelerator.

[Qualcomm Shares Rise 2.6% Ahead of Market, Reportedly in Talks with ByteDance for Custom Chips]On June 24, Qualcomm (QCOM.US) shares rose 2.58% to $209.4 in pre-market trading. According to multiple media outlets including Reuters, Qualcomm is in discussions with ByteDance to provide custom chip design services. If the collaboration is finalized, ByteDance would become one of the early significant clients for Qualcomm's chip design services. The chips being discussed may include video processing units (VPUs), with plans for mass production as early as the end of this year. The chip segment will utilize high-speed connectivity technology from AlphaWave Semi, which Qualcomm acquired last year. Additionally, Qualcomm will hold an Investor Day on June 24 (Wednesday), where the market expects management to elaborate on its AI and data center strategic transformation. Investors are looking forward to management disclosing more details about large-scale customer ASIC orders, setting data center revenue targets (such as JPMorgan's forecast of over $3 billion for fiscal year 2027 and reaching $35 billion by fiscal year 2031), and unveiling the roadmap for the Dragonfly AI inference accelerator.

Qualcomm Shares Rise 2.6% Ahead of Market, Reportedly in Talks with ByteDance for Custom Chips

On June 24, UMC (UMC.US) saw a pre-market increase of 6.7%, reaching $27.96. According to media reports citing supply chain sources, TSMC's main production facility for 28nm, Fab 15A, has reduced its monthly wafer output from 200,000 at the beginning of the year to 150,000, marking a decrease of over 25% compared to the start of the year. This capacity adjustment is due to the transformation of Fab 15 into a production base for 4nm processes, representing a company-wide reallocation of capacity across nodes. Some customers of the 28nm process have already shifted to UMC and Vanguard.

[TSMC Reduces 28nm Production by 25%, Potential Beneficiary UMC Rises 6.7% Pre-Market]On June 24, UMC (UMC.US) saw a pre-market increase of 6.7%, reaching $27.96. According to media reports citing supply chain sources, TSMC's main production facility for 28nm, Fab 15A, has reduced its monthly wafer output from 200,000 at the beginning of the year to 150,000, marking a decrease of over 25% compared to the start of the year. This capacity adjustment is due to the transformation of Fab 15 into a production base for 4nm processes, representing a company-wide reallocation of capacity across nodes. Some customers of the 28nm process have already shifted to UMC and Vanguard.

TSMC Reduces 28nm Production by 25%, Potential Beneficiary UMC Rises 6.7% Pre-Market

On June 24, analysts from First Group Bank stated in a report that due to uncertainties in the inflation outlook, U.S. long-term Treasury yields may rise in the coming months. They noted that market concerns about the persistence of inflation could intensify, and U.S. inflation data may exceed expectations. 'How much the Federal Reserve will respond to this remains to be seen,' the analysts said. They believe that combined with the U.S. government's ongoing expansionary fiscal policy, the current environment suggests that long-term yields will rise. Meanwhile, short-term yields have already reflected market expectations for interest rate hikes that exceed the group's analysts' forecasts, indicating that speculation about rate increases will persist in the short term, which suggests that the volatility of short-term yields may remain at a high level.

[Analysts: U.S. Long-Term Treasury Yields May Rise]On June 24, analysts from First Group Bank stated in a report that due to uncertainties in the inflation outlook, U.S. long-term Treasury yields may rise in the coming months. They noted that market concerns about the persistence of inflation could intensify, and U.S. inflation data may exceed expectations. 'How much the Federal Reserve will respond to this remains to be seen,' the analysts said. They believe that combined with the U.S. government's ongoing expansionary fiscal policy, the current environment suggests that long-term yields will rise. Meanwhile, short-term yields have already reflected market expectations for interest rate hikes that exceed the group's analysts' forecasts, indicating that speculation about rate increases will persist in the short term, which suggests that the volatility of short-term yields may remain at a high level.

Analysts: U.S. Long-Term Treasury Yields May Rise

On June 24, Iranian Parliament Speaker Mohammad Baqer Qalibaf stated that Iran has not abandoned its friends and strategic partners even under the most difficult and complex conditions. For Iran, the ceasefire in Lebanon is equally important as its own ceasefire. Qalibaf emphasized that Iran views the withdrawal of foreign military forces from the region as a strategic goal. Experience has shown that foreign military bases in West Asia have not brought lasting security but have instead become sources of turmoil. He also expressed Iran's sincere willingness to announce to all Islamic countries, especially regional states and Gulf countries, that Iran is ready to reach a security agreement, which will be reinforced through economic cooperation, making the region safe for all investors and achieving overall security in the face of common enemies. (CCTV International News)

[Iran Expresses Readiness to Reach Security Agreement with Gulf States]On June 24, Iranian Parliament Speaker Mohammad Baqer Qalibaf stated that Iran has not abandoned its friends and strategic partners even under the most difficult and complex conditions. For Iran, the ceasefire in Lebanon is equally important as its own ceasefire. Qalibaf emphasized that Iran views the withdrawal of foreign military forces from the region as a strategic goal. Experience has shown that foreign military bases in West Asia have not brought lasting security but have instead become sources of turmoil. He also expressed Iran's sincere willingness to announce to all Islamic countries, especially regional states and Gulf countries, that Iran is ready to reach a security agreement, which will be reinforced through economic cooperation, making the region safe for all investors and achieving overall security in the face of common enemies. (CCTV International News)

Iran Expresses Readiness to Reach Security Agreement with Gulf States

On June 24, Ningquan Asset, founded by Yang Dong, stated in its "2026 Mid-Year Investment Report" released on the 23rd: Our current holdings, aside from internet giants, can largely be divided into two parts: one part consists of undervalued, high-dividend companies with solid industry positions and good cash flow, including telecom operators, home appliance stocks, power stocks, financial stocks, chemical stocks, and property service stocks, among others. These companies were already quite cheap, and now they have become even cheaper due to further pressure, with a significant portion offering dividend rates above 5%, and some even reaching 8-10%. Many of these companies have also been repurchasing their shares. In the current environment of such low-risk interest rates, these types of assets should ideally have strong demand; however, even if they are temporarily disdained, we believe they will surely recover in the future. Additionally, we have also invested in some heavily depressed cyclical industries, primarily leading companies in real estate development and related building materials, as well as leaders in the photovoltaic sector. The adjustment period, magnitude of adjustment, and severity of losses in these two industries are extremely rare. Mr. Market tends to assign very high prices during periods of high prosperity, as seen with the current AI infrastructure theme stocks and the new energy stocks from previous years; conversely, during times of poor industry conditions, Mr. Market applies significant price discounts to the same companies. This may be the very source of the cyclical investment's ability to generate good profits—during high and low cycles, PB valuations can differ by over ten times, while the fundamental nature of the companies does not change significantly.

[Ningquan Asset: The Disdained 'Undervalued' Future Will Surely Recover]On June 24, Ningquan Asset, founded by Yang Dong, stated in its "2026 Mid-Year Investment Report" released on the 23rd: Our current holdings, aside from internet giants, can largely be divided into two parts: one part consists of undervalued, high-dividend companies with solid industry positions and good cash flow, including telecom operators, home appliance stocks, power stocks, financial stocks, chemical stocks, and property service stocks, among others. These companies were already quite cheap, and now they have become even cheaper due to further pressure, with a significant portion offering dividend rates above 5%, and some even reaching 8-10%. Many of these companies have also been repurchasing their shares. In the current environment of such low-risk interest rates, these types of assets should ideally have strong demand; however, even if they are temporarily disdained, we believe they will surely recover in the future. Additionally, we have also invested in some heavily depressed cyclical industries, primarily leading companies in real estate development and related building materials, as well as leaders in the photovoltaic sector. The adjustment period, magnitude of adjustment, and severity of losses in these two industries are extremely rare. Mr. Market tends to assign very high prices during periods of high prosperity, as seen with the current AI infrastructure theme stocks and the new energy stocks from previous years; conversely, during times of poor industry conditions, Mr. Market applies significant price discounts to the same companies. This may be the very source of the cyclical investment's ability to generate good profits—during high and low cycles, PB valuations can differ by over ten times, while the fundamental nature of the companies does not change significantly.

Ningquan Asset: The Disdained 'Undervalued' Future Will Surely Recover

On June 24, SK Hynix announced plans to raise up to 45 trillion Korean won (approximately $29 billion) through an American Depositary Receipt (ADR) listing, which is set to launch in July. The proceeds will be used to build a factory in South Korea and purchase EUV equipment.

[SK Hynix Plans to Raise Approximately $29 Billion Through ADR Listing]On June 24, SK Hynix announced plans to raise up to 45 trillion Korean won (approximately $29 billion) through an American Depositary Receipt (ADR) listing, which is set to launch in July. The proceeds will be used to build a factory in South Korea and purchase EUV equipment.

SK Hynix Plans to Raise Approximately $29 Billion Through ADR Listing

On June 24, Naftali Bennett, leader of the Israeli opposition and former Prime Minister, publicly acknowledged on June 23 that during his tenure from 2021 to 2022, he procured tens of thousands of SpaceX Starlink satellite receivers and secretly smuggled them into Iran to support anti-government protesters attempting to overthrow the Iranian regime. Bennett stated that the current Netanyahu government has failed to continue this initiative. This statement marks the first public confirmation of such actions by an Israeli official, following multiple accusations from Iran that Israel and the United States have smuggled satellite equipment into its territory to undermine national security. Starlink has not received operational approval in Iran, but Musk previously indicated that services were available within the country. The report also revealed a broader picture of Israeli intelligence operations in Iran. Mossad has long used technological means to infiltrate and monitor Iranian surveillance and traffic cameras, combining AI technology with satellite imagery to construct intelligence puzzles; in the April 2026 Hezbollah pager explosion incident, Mossad had implanted micro-explosives in thousands of devices in advance, resulting in casualties among several mid-level commanders; in the same month, a large number of U.S.-made core communication devices in Iran collectively malfunctioned, forcing authorities to frequently implement international cyber isolation. Politically, Israel's next election is scheduled to be held no later than October this year, with Netanyahu's approval rating dropping from 40.5% in early March to 29.4%. Bennett stated that if he returns to power, he will work to overthrow the Iranian regime through economic sabotage and industrial disruption.

[High Official Admits: Smuggled Thousands of SpaceX Starlink Devices to Iran to Overthrow Regime]On June 24, Naftali Bennett, leader of the Israeli opposition and former Prime Minister, publicly acknowledged on June 23 that during his tenure from 2021 to 2022, he procured tens of thousands of SpaceX Starlink satellite receivers and secretly smuggled them into Iran to support anti-government protesters attempting to overthrow the Iranian regime. Bennett stated that the current Netanyahu government has failed to continue this initiative. This statement marks the first public confirmation of such actions by an Israeli official, following multiple accusations from Iran that Israel and the United States have smuggled satellite equipment into its territory to undermine national security. Starlink has not received operational approval in Iran, but Musk previously indicated that services were available within the country. The report also revealed a broader picture of Israeli intelligence operations in Iran. Mossad has long used technological means to infiltrate and monitor Iranian surveillance and traffic cameras, combining AI technology with satellite imagery to construct intelligence puzzles; in the April 2026 Hezbollah pager explosion incident, Mossad had implanted micro-explosives in thousands of devices in advance, resulting in casualties among several mid-level commanders; in the same month, a large number of U.S.-made core communication devices in Iran collectively malfunctioned, forcing authorities to frequently implement international cyber isolation. Politically, Israel's next election is scheduled to be held no later than October this year, with Netanyahu's approval rating dropping from 40.5% in early March to 29.4%. Bennett stated that if he returns to power, he will work to overthrow the Iranian regime through economic sabotage and industrial disruption.

High Official Admits: Smuggled Thousands of SpaceX Starlink Devices to Iran to Overthrow Regime

On June 24, SK Hynix shares rose 5.5% in after-hours trading. In news, SK Hynix is seeking to begin trading American Depositary Receipts (ADRs) on July 10, planning to issue 17.9 million new shares at a price of 255,500 Korean won per share, aiming to raise up to 45.45 trillion won (approximately 29 billion USD).

[SK Hynix Shares Rise 5.5% in After-Hours Trading]On June 24, SK Hynix shares rose 5.5% in after-hours trading. In news, SK Hynix is seeking to begin trading American Depositary Receipts (ADRs) on July 10, planning to issue 17.9 million new shares at a price of 255,500 Korean won per share, aiming to raise up to 45.45 trillion won (approximately 29 billion USD).

SK Hynix Shares Rise 5.5% in After-Hours Trading

23 июня IBM (IBM.US) зафиксировала предрыночный рост на 3,26%, достигнув $260,44. Во время церемонии в Белом доме в понедельник по восточному времени Трамп подписал указ о квантовых вычислениях и особо похвалил способности к лидерству CEO IBM Арвинда Кришны. Ранее, когда Трамп публично упомянул Dell, цена акций компании выросла более чем на 14% во время торгов, что привело к краткосрочному эффекту «следования за лидером» на рынке акций «президентских концепций». Трамп также пошутил, что продажа его акций IBM, когда он вступил в должность, была «не самым мудрым выбором», что еще больше укрепило положительное внимание рынка к IBM.

[Трамп публично хвалит IBM, акции перед рынком растут более чем на 3%, CEO получает президентское одобрение]23 июня IBM (IBM.US) зафиксировала предрыночный рост на 3,26%, достигнув $260,44. Во время церемонии в Белом доме в понедельник по восточному времени Трамп подписал указ о квантовых вычислениях и особо похвалил способности к лидерству CEO IBM Арвинда Кришны. Ранее, когда Трамп публично упомянул Dell, цена акций компании выросла более чем на 14% во время торгов, что привело к краткосрочному эффекту «следования за лидером» на рынке акций «президентских концепций». Трамп также пошутил, что продажа его акций IBM, когда он вступил в должность, была «не самым мудрым выбором», что еще больше укрепило положительное внимание рынка к IBM.

Трамп публично хвалит IBM, акции перед рынком растут более чем на 3%, CEO получает президентское одобрение

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Трамп публично хвалит IBM, акции перед рынком растут более чем на 3%, CEO получает президентское одобрение

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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