Pan-Asia Tactical Market Calls (Quant-Driven), MRM Research

Nico Rosti

Pan-Asia Tactical Market Calls (Quant-Driven)

MRM Research

Quantitative Research

Equity Derivatives

<ul>
<li>
<a href="https://www.smartkarma.com/profiles/sanghyun-park" target="_blank" data-smartkarma-citation="accounts:354" rel="noopener">Sanghyun Park</a> has explained in detail what happens on Sep 22 (Plaintiffs' MTD Opposition Filing Deadline) for <a href="https://www.smartkarma.com/entities/sk-hynix-inc" target="_blank" data-smartkarma-citation="entities:16955:1" rel="noopener">SK Hynix (000660 KS)</a> . Effects could be visible from Sep 23.</li>
<li>Our <a href="https://www.smartkarma.com/insights/sk-hynix-000660-ks-profit-targets-tactical-update" target="_blank" rel="noopener">previous insight</a> updated the stock's profit targets for this rally ("the rally could reach 2,000,000 on the third week"). This is the third week and it's still below target.</li>
<li>SK Hynix rallied less than expected and seems to be at  an inflection point: has cleared P50 resistance but P75/1,996,000 is far. Sep 22 could be a turning point.</li>
</ul>



Sanghyun Park has explained in detail what happens on Sep 22 (Plaintiffs' MTD Opposition Filing Deadline) for SK Hynix (000660 KS) . Effects could be visible from Sep 23.
Our previous insight updated the stock's profit targets for this rally ("the rally could reach 2,000,000 on the third week"). This is the third week and it's still below target.
SK Hynix rallied less than expected and seems to be at  an inflection point: has cleared P50 resistance but P75/1,996,000 is far. Sep 22 could be a turning point.


SK Hynix (000660 KS) Tactical UPDATE Ahead of Sep 22’s MTD Opposition Deadline

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Index Rebalance

<ul>
<li>There was one ADD and one DEL for the MV US Semiconductor 25 index and the MV US Semiconductor 10% capped ESG-screened index.</li>
<li>We expect MVSemi25 to trade US$4.45bn and MVSemi10% to trade US$900mm one-way for September 2026. Some small flows offset. The event is on the 18th at the close (Friday).</li>
<li>SK Hynix (SKHY US) is expected to see US$4.3bn to buy.</li>
</ul>


There was one ADD and one DEL for the MV US Semiconductor 25 index and the MV US Semiconductor 10% capped ESG-screened index.
We expect MVSemi25 to trade US$4.45bn and MVSemi10% to trade US$900mm one-way for September 2026. Some small flows offset. The event is on the 18th at the close (Friday).
SK Hynix (SKHY US) is expected to see US$4.3bn to buy.


[Quiddity Index] MV Semiconductor Indices Sep26 Rebal Results: One ADD/DEL; US$5bn+ to Trade One-Way

Equity Long-Short

Mo Aziz

Equity Bottom-Up

<ul>
<li>SK Hynix fell 31% from our initiation despite a record 76% Q2 operating margin. Six structural, Korea-specific forces drove the selloff; none touch the investment thesis.</li>
<li>Every pillar confirmed: Q2 OPM 76% (fifth consecutive record), ~10 LTAs signed, Nvidia US$500bn LOI secured, and CEO Kwak commits US$64bn to new capacity — calling shortage "through 2030."</li>
<li>BULLISH maintained; TP revised to ₩2,700,000 on 10× FY2027E EPS ₩270,000. The multiple cut — from 13× — reflects AI sustainability fears and Korea's volatility premium, not earnings deterioration.</li>
</ul>


SK Hynix fell 31% from our initiation despite a record 76% Q2 operating margin. Six structural, Korea-specific forces drove the selloff; none touch the investment thesis.
Every pillar confirmed: Q2 OPM 76% (fifth consecutive record), ~10 LTAs signed, Nvidia US$500bn LOI secured, and CEO Kwak commits US$64bn to new capacity — calling shortage "through 2030."
BULLISH maintained; TP revised to ₩2,700,000 on 10× FY2027E EPS ₩270,000. The multiple cut — from 13× — reflects AI sustainability fears and Korea's volatility premium, not earnings deterioration.


SK HYNIX (000660 KS / SKHY US): TP Revised to ₩2,700,000 | BULLISH Maintained | Thesis Intact

<ul>
<li>Profit targets presented in our previous/latest <a href="https://www.smartkarma.com/insights/sk-hynix-000660-ks-uptrend-resuming-tactical-entry-long-term" target="_blank" rel="noopener">insight</a> on <a href="https://www.smartkarma.com/entities/sk-hynix-inc" target="_blank" data-smartkarma-citation="entities:16955:1" rel="noopener">SK Hynix (000660 KS)</a> were updated last Friday and are presented here, they override any previous profit target presented.</li>
<li>The stock started a strong rally this week, it may continue for 3 weeks, including this week.</li>
<li>The rally could reach 2,000,000 on the third week, but there is a barrier after 2,100,000 so we do not expect this rally to go higher. </li>
</ul>


Profit targets presented in our previous/latest insight on SK Hynix (000660 KS) were updated last Friday and are presented here, they override any previous profit target presented.
The stock started a strong rally this week, it may continue for 3 weeks, including this week.
The rally could reach 2,000,000 on the third week, but there is a barrier after 2,100,000 so we do not expect this rally to go higher. 


SK Hynix (000660 KS) Profit Targets - Tactical UPDATE

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Hosin Global Electronics / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hosin-global-electronics" target="_blank" data-smartkarma-citation="entities:55327:1" rel="noopener">Hosin Global Electronics (HGE)</a>  is looking to raise at least US$500m in its upcoming Hong Kong IPO.</li>
<li>HOSIN Global Electronics is a leading independent memory product enterprise, ranking as the world’s fifth largest and China’s second largest by revenue in 2025, according to Frost &amp; Sullivan (F&amp;S).</li>
<li>In this note, we look at its past performance and other deal dynamics that might impact the listing.</li>
</ul>



Hosin Global Electronics (HGE)  is looking to raise at least US$500m in its upcoming Hong Kong IPO.
HOSIN Global Electronics is a leading independent memory product enterprise, ranking as the world’s fifth largest and China’s second largest by revenue in 2025, according to Frost &amp; Sullivan (F&amp;S).
In this note, we look at its past performance and other deal dynamics that might impact the listing.


Aequitas: Hosin Global Electronics Pre-IPO - Current Strong Earnings Growth Might Not Last

South Korea

SK hynix Inc. provides products and services for the electronic components industries. The Company manufactures semiconductors such as dynamic random access memory (DRAM), NAND flash memory, and static random access memory (SRAM) chips.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

SK Hynix (SKHY US)

SK Hynix (000660 KS) Tactical UPDATE Ahead of Sep 22’s MTD Opposition Deadline

Sep 22 is a volatility catalyst for SK Hynix (000660 KS, SKHY US). Our model says rally may fizzle, a quick post-event 1-2 week drop to...

Nico Rosti

[Quiddity Index] MV Semiconductor Indices Sep26 Rebal Results: One ADD/DEL; US$5bn+ to Trade One-Way

The MV Global US Semi and US Semi 10% Capped Indices announced rebals on Friday. The rebal is 18 Sep. $5+bn one-way to trade across these two...

Travis Lundy

SK HYNIX (000660 KS / SKHY US): TP Revised to ₩2,700,000 | BULLISH Maintained | Thesis Intact

−31% drawdown on record 76% margins. Six technical forces, no fundamental damage. TP ₩2,430,000 (9× FY2027E). SMH inclusion in 8 days. Bullish.

Mo Aziz

SK Hynix (000660 KS) Profit Targets - Tactical UPDATE

Updating SK Hynix (000660 KS) current uptrend profit targets for the next 3-4 weeks. The stock could rally to 2,000,000 in 3 weeks, detailed...

Nico Rosti

Aequitas: Hosin Global Electronics Pre-IPO - Current Strong Earnings Growth Might Not Last

Hosin Global Electronics (HGE) is looking to raise at least US$500m in its upcoming Hong Kong IPO. In this note, we look at the company's past...

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)