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

2026-07-17 11:34

Odaily Planet Daily News: SK Group Chairman and Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won stated today at the KCCI Summer Forum that, despite the recent significant correction in SK Hynix's stock price, investors should not engage in frequent buying and selling but should hold the stock from a long-term perspective. As the AI industry continues to develop, memory demand will keep growing. He said, "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. Although it is impossible to predict the stock price trend next month, do not repeatedly buy and sell. Holding on quietly is a better way to protect your assets." (Etoday)