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Korean Stocks Open High and Decline, SK Hynix's Loss Widens to 4.5%

BlockBeats News, July 29th, according to Bitget market data, the South Korean stock market opened higher but then turned lower, with the KOSPI index accelerating its decline, plunging 1% intraday after previously rising over 3%.


SK Hynix saw its decline widen to 4.5%, while Samsung Electronics saw its gain narrow to less than 1%.

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Aletheia Capital has raised SK Hynix's price target to around $3,500, far above mainstream institutions.
The craze is shifting from the valuation narrative to the balance sheet and return-on-investment timeline arena
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