SK Group Chairman Chey Tae-won on SK Hynix Stock Price: Avoid Frequent Trading, Long-Term Holding is Better for Asset Preservation

Odaily reported that Chey Tae-won, Chairman of SK Group and the Korea Chamber of Commerce and Industry (KCCI), stated today at the KCCI Summer Forum that although SK Hynix's stock price has recently experienced a significant correction, investors should not engage in frequent buying and selling. Instead, they should hold the stock from a long-term perspective. As the AI industry continues to develop, memory demand will keep growing. He remarked, "AI is still like a 4-year-old child, but it will eventually grow into an adult. The market will still require massive memory support, and related demand will inevitably grow exponentially. While it is impossible to predict the stock price movement next month, repeatedly buying and selling is not advisable. Holding quietly is a better way to protect assets." (Etoday)