SK Group Chairman's First Purchase of SK Hynix Shares Pushes Futures Price Up 3%

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On July 30, SK Hynix futures prices rose nearly 3% to $950 after reports that SK Group Chairman Choi Jae-sung made his first direct purchase of SK Hynix shares, acquiring 3,620 shares and increasing his stake from 0 to 3,620. At $920 per share, the holding is valued at approximately $3.33 million. Perpetual futures contracts also experienced heightened trading activity amid the buying.

ChainThink reports that on July 30, according to BIT market data, fueled by the news that SK Group Chairman Choi Tae-won made his first direct purchase of SK Hynix shares, the SK Hynix contract price briefly rose nearly 3%, currently trading at $950.

Previously, Choi Tae-won purchased 3,620 shares of SK Hynix, increasing his holdings from 0 to 3,620 shares. Based on SK Hynix’s closing price of $920 today, this position is valued at approximately $3.33 million.

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