Daily brief
Morning report — Tue 29 Sep 2026 ~07:48 HKT (research/paper)
Research/paper only. No live orders or recommendations. KRX Tue cash — open 29 Sep 09:00 KST (Mon was first session after Chuseok).
watchlists US AJ: no new overnight board rows (Outlook HYROX path only this fire; Featured not re-scraped). X color: NVDA +$150bn buyback (AJ); Anthropic $518bn 2027 infra; Samsung Foundry 2nm yield ~60%. Standing Y: AVGO, MU, MRVL, NVDA (HC), XPEV, META, AMD, LITE. Wait ORCL; Caution TSLA, NIO; Watch SPCX; Avoid EOSE, EOS; N PLTR, AAPL, RIVN. Korea attractive: EMPTY (Mon foreign dump leaves no new long sleeve). 000660 is Hynix desk only.
asia news Age-cut Mon+Tue n=8. Lead: MiniMax M3.1-Flash public test; DeepSeek DSec agent-sandbox paper; SCMP ByteDance ~1/5 China DC + CanSemi IPO 2,360×; Herald/Yonhap KOSPI −2.70% foreign ₩3tn Samsung/Hynix dump; Yonhap Huang Van Fleet; SCMP HK export AI lift; BOK Sep CBSI 99.1. HKET 403; KED sections empty.
X Morning refresh 2026-09-29 07:48 HKT · Sentiment mixed, medium · Home unavailable · n_new=3 after 22:00 HKT. NEW: Jukan Samsung 2nm yield ~60%; Zephyr Anthropic $518bn 2027 cloud/infra; AJ NVDA +$150bn buyback. PRIOR (eve demoted): SEMCO ₩4.27tn FC-BGA; Anthropic >$180bn contracted; VIS Singapore; META Enterprise; AJ Xpeng FSD; SKHY Japan fab / MLCC.
DART Age-window ≥Mon 28 15:40 KST: 14 keeps (no 000660) — NEW Shinil Electronics 002700 up 1-3%/p≈12% open-market buyback ₩2.00bn (~3.0% mcap; no cancel; starts tomorrow); Dear U 376300 up 3-8%/p≈30%; Aniplus 310200 up 1-3%/p≈12%; Semifive/iQuest/OCI/Fidelix/SNT Dynamics/Cellbion/Gabia/MOA/Dongwha/Huchems/Digi.I prior. last_seen 20260929000216 @13:27 KST
funding BN fapi GEO-BLOCKED. HL xyz:SKHY mark 183.31 / fund 6.25e-06; xyz:SKHX mark 1302.5 / fund 6.25e-06. BN−HL spreads UNKNOWN. Paper only.
Hynix KR PREOPEN → 09:00. Mon cash 000660 ₩1,768,000 (−5.05%) O/H/L 1,825k/1,840k/1,768k · vol 3,302,748 · For −988.5k sh / Inst −274.9k / Ind +676.1k; FO 49.94% (Herald ₩1.73tn foreign sell). Tue PREOPEN over ₩1,769,000 (+0.06%). Samsung Mon ₩270,000 (−5.43%) / over ₩267,500 (−0.93%). KOSPI Mon 6,889.74 (−2.70%). SKHY Mon $181.92 (−5.03%); prem vs Mon KRX/FX 1,358 ≈ +39.73%. No NEW 000660 DART. Do not treat Yahoo as a Tue gap invent.
HYROX Warsaw registration announced (not open): opens 14 Oct 2026 12:00 CET / 18:00 HKT; race 7–11 Apr 2027. Official “Sale starts soon”. Outlook: no newer Warsaw OPEN mail. ping_needed=false.
DART · material KR
Last scan 2026-09-29 13:31 KST · age-window keep ≥2026-09-28 15:40 KST · 14 cards · NEW 17/1 keep · tip 20260929000216 @13:27 KST (Shinil Electronics keep) · last_seen 20260929000216 @13:27 KST · keep-deploy
Open-market buyback ₩2.00bn / 2,139,037sh (~3.12% OS / ~3.0% mcap) — price stability; window 30 Sep→29 Dec; no cancel (hold-after blank); Korea Investment
2026-09-29 13:23 KST: Shinil Electronics (신일전자, 002700, KOSPI) filed a material report — treasury-share acquisition decision (주요사항보고서/자기주식취득결정). Shares to acquire: common 2,139,037; other 0. Planned amount: ₩1,999,999,595 (=₩2.000bn / 20.00억) — sized off board-eve close 2026-09-28 ₩935/sh (actual cost may vary). Window: 2026-09-30 → 2026-12-29. Hold-after period: blank ("-" / no dated cancel). Purpose: share-price stability and shareholder-value enhancement (주식가격안정 및 주주가치제고). Method: open-market direct buy on KOSPI (유가증권시장 장내매수) — not a trust. Broker: Korea Investment & Securities (한국투자증권). Pre-deal treasury (dividendable-range): common 2,201,284 (3.21%); other 0 — after a prior 2026 program that bought 1,767,510sh and cancelled 2,500,000sh. Board: 2026-09-29 (2 outside directors present; auditor present). Daily buy-order cap: 213,903 common. Distributable-profit buyback capacity on form: ₩32.790bn. rcpNo 20260929000189 / dcmNo 11593639 confirmed on DART HTML viewer (신일전자 matches). Live at enrich (Naver 002700 @2026-09-29 13:31 KST, OPEN): last ₩979 (+44 / +4.71% vs prev-close ₩935); session O/H/L ₩928 / ₩989 / ₩920; vol 817,721; shares 68,547,521; mcap ≈ ₩671.1억 (₩67.11bn); face/mcap ≈ 2.98%; shares/OS ≈ 3.12%; high +5.78%.
What: Mid-session Shinil Electronics board authorized a ₩2.00bn open-market direct treasury buyback for 2,139,037 common shares (~3.12% of OS / ~3.0% of live ₩67.1bn mcap), window 30 Sep 2026–29 Dec 2026, via Korea Investment & Securities, purpose price stability / shareholder value, with blank hold-after (no cancel commitment). Why up: Named cash bid into the book starting tomorrow on a ~₩67bn KOSPI small-appliance name — not a dilutive raise and not an ESOP return-to-float path. Why 1-3%: Face/mcap ~3.0% with blank hold-after / no cancel is Daechang / Cenotec price-support class — refuse 3-8% (Handsome/YM need cancel-bound or soft-cancel trust) and refuse 8%+ (no already-held cancel). Serial second ~₩2bn program after the Jun–Jul 2026 completion (1.77m sh bought; 2.5m cancelled earlier) further haircuts the surprise. Why p≈12%: Live already +4.71% (high +5.78%) within minutes of the 13:23 stamp — the 1-3% band is spent; leftover is autopsy / don't-chase into tomorrow's buy start, not unused mid-session alpha.
Samsung Securities cancel-bound buyback trust ₩15.00bn / 880,798sh (~3.7% OS / ~3.6% mcap) — shareholder return; window 29 Sep→29 Mar; soft cancel
2026-09-29 13:10 KST: Dear U (디어유, 376300, KOSDAQ) filed a material report — treasury-share acquisition trust contract decision (주요사항보고서/자기주식취득신탁계약체결결정). Contract amount: ₩15,000,000,000 (=₩15.000bn / 150.00억). Contract period: 2026-09-29 → 2027-03-29. Purpose: acquire and cancel treasury shares for shareholder return and shareholder-value enhancement (자기주식 취득 및 소각을 통한 주주환원과 주주가치 제고). Trustee/broker: Samsung Securities Co., Ltd. Contract signing scheduled: 2026-09-29 (same day). Planned shares: common 880,798 (other 0) — sized off board-eve close 2026-09-28 ₩17,030/sh. Hold-after period: blank ("-"). Notes: acquired treasury will be cancelled under applicable law; actual amount/shares may vary with price; hold-after subject to financial condition and market. Pre-deal treasury: none (all lines blank). Board: 2026-09-29 (2 outside directors present; auditor present). Distributable-profit buyback capacity on form: ₩16.208bn. rcpNo 20260929000178 / dcmNo 11593634 confirmed on DART HTML viewer (디어유 matches). Live at enrich (Naver 376300 @2026-09-29 13:14 KST, OPEN): last ₩17,730 (+700 / +4.11% vs prev-close ₩17,030); session O/H/L ₩16,930 / ₩17,930 / ₩16,770; vol 55,674; shares 23,738,406; mcap ≈ ₩4,208.8억 (₩420.88bn); face/mcap ≈ 3.6%; shares/OS ≈ 3.7%; high +5.28%.
What: Mid-session Dear U board authorized a ₩15.00bn Samsung Securities treasury buyback trust for ~880.8k common shares (~3.7% of OS / ~3.6% of live ₩420.9bn mcap), window 29 Sep 2026–29 Mar 2027 (starts today), purpose acquire-and-cancel for shareholder return — not ESOP — with soft post-acquire cancel language (not a dated already-held cancel). Why up: Named cash bid into the book starting today plus cancel intent permanently removes float on a ~₩421bn KOSDAQ content/IP name — not a dilutive raise and not an ESOP return-to-float. Why 3-8%: Face/mcap ~3.6% / shares/OS ~3.7% with cancel-bound trust language is Handsome/YM / iQuest mid-band; refuse 8%+ because cancel is not dated/already-held (PlumbFast/Multicampus) and ADV is modest; refuse 1-3% because purpose is cancel/shareholder-return (not Aniplus ESOP/soft-cancel class) and ~3.6% face clears the sub-2% drop floor. Why p≈30%: Live already +4.11% (high +5.28%) into the lower half of 3-8% within minutes of the 13:10 stamp — part of the band is spent; leftover is residual same-session grind into a same-day buy window, not a clean unused auction gap.
Samsung Securities buyback trust ₩2.00bn / 1.04m sh (~2.0% OS / ~1.9% mcap) — price stability + employee stock compensation; window 1 Oct→31 Mar; soft cancel-or-AGM
2026-09-29 12:38 KST: Aniplus (애니플러스, 310200, KOSDAQ) filed a material report — treasury-share acquisition trust contract decision (주요사항보고서/자기주식취득신탁계약체결결정). Contract amount: ₩2,000,000,000 (=₩2.000bn / 20.00억). Contract period: 2026-10-01 → 2027-03-31. Purpose: share-price stability and employee stock compensation (주가 안정 및 임직원 주식 보상). Trustee/broker: Samsung Securities Co., Ltd. Contract signing scheduled: 2026-09-30. Planned shares: common 1,038,961 (other 0) — sized off board-eve close 2026-09-28 ₩1,925/sh. Hold-after period: blank ("-"). Notes: after acquire, company plans to process via cancel or regular AGM approval etc. under revised Commercial Act, subject to financial condition and market environment (소각 또는 정기주주총회 승인). Pre-deal treasury (dividendable-range): common 4,333 (0.01%) — residual after 373,920sh in-kind dividend resolved at 8th AGM 2026-03-31 / paid 2026-04-28. Board: 2026-09-29 (1 outside director present; auditor present). Distributable-profit buyback capacity on form: ₩53.145bn. rcpNo 20260929000172 / dcmNo 11593586 confirmed on DART HTML viewer (애니플러스 matches). Live at enrich (Naver 310200 @2026-09-29 12:43 KST, OPEN): last ₩2,040 (+115 / +5.97% vs prev-close ₩1,925); session O/H/L ₩1,925 / ₩2,090 / ₩1,901; vol 260,685; shares 52,162,836; mcap ≈ ₩1,064.1억 (₩106.41bn); face/mcap ≈ 1.9%; shares/OS ≈ 2.0%; high +8.57%.
What: Mid-session Aniplus board authorized a ₩2.00bn Samsung Securities treasury buyback trust for ~1.04m common shares (~2.0% of OS / ~1.9% of live ₩106bn mcap), window 1 Oct 2026–31 Mar 2027, purpose share-price stability AND employee stock compensation, with soft post-acquire language (cancel or AGM approval — not a dated cancel). Why up: A named cash bid into the book starting tomorrow is still constructive support on a ~₩100bn KOSDAQ content name — not a dilutive raise. Why 1-3%: Face/mcap ~2% with explicit ESOP/employee-compensation purpose means acquired stock can return to float (Jindo / Clean & Science / ESOP-trust class); refuse 3-8% because cancel is not dated/already-held and purpose is dual ESOP (not Handsome/YM cancel-bound). Refuse drop: listed KOSDAQ trust with Samsung Securities and ~2% face clears the sub-noise floor for a buyback form. Why p≈12%: Session high already +8.6% and live +6.0% within ~4 min of the 12:38 stamp — the 1-3% band (and more) is spent; leftover is autopsy / don't-chase, not unused mid-session alpha.
AI inference-accelerator ASIC design contract ₩70.30bn ($52m) = 58.13% of 2025 sales / ~11.8% mcap; 11% advance; US fabless CP withheld; thru 30 Apr 2028
2026-09-29 11:59 KST: Semifive (세미파이브, 490470, KOSDAQ) filed a single sales·supply contract (단일판매ㆍ공급계약체결). Content: AI inference-accelerator ASIC design and development contract (AI 추론가속기 ASIC 설계 및 개발계약). Conditional contract: yes. Firm contract amount: ₩61,110,400,000 (=₩61.110bn / 611.104억). Contingent contract amount: ₩9,193,600,000 (=₩9.194bn / 91.936억). Total contract amount: ₩70,304,000,000 (=₩70.304bn / 703.04억) — form FX note: USD 52,000,000 at Seoul FX broker mid ₩1,352.0/USD on contract date 2026-09-28; VAT excluded. Recent sales (YE2025 consolidated): ₩120,952,056,617 (=₩120.952bn) → 58.13% of sales. Counterparty: US AI fabless company — name withheld for counterparty confidentiality (disclosure reserve through 2028-04-30); main business AI semiconductor development/sales; relation "-"; same-type contracts in last 3 years: no. Region: US. Period: 2026-07-15 → 2028-04-30. Advance/down payment: yes — firm tranche staged as advance 11% + 1st/2nd progress 22% each + 3rd 30% + 4th 15%; contingent tranche payable within 30 days of milestone. Production: both in-house and outsourced. Contract/award date: 2026-09-28 (both parties signed). Notes: amount/period may change with design progress (exchange-rule amendment if so). rcpNo 20260929900238 / dcmNo 11593596 confirmed on DART HTML viewer (세미파이브 matches). Live at enrich (Naver 490470 @2026-09-29 12:05 KST, OPEN): last ₩17,550 (+1,190 / +7.27% vs prev-close ₩16,360); session O/H/L ₩16,020 / ₩18,300 / ₩15,750; vol 927,969; shares ~34,025,440; mcap ≈ ₩5,971.5억 (₩597.15bn); face/mcap ≈ 11.8% (firm-only 10.2%); high +11.86%.
What: Mid-session Semifive disclosed a US AI-fabless ASIC design/development win totaling ₩70.304bn ($52m at ₩1,352) — 58.13% of 2025 consolidated sales and ~11.8% of live mcap — with an 11% cash advance on the firm ₩61.11bn tranche and delivery/design work running through 30 Apr 2028; the counterparty name is secrecy-held. Why up: This is a core-theme AI-accelerator design booking with real near-term cash (11% advance) at more than half of last-year sales on a ~₩597bn KOSDAQ design house — not an affiliate restatement and not a soft IR (Semifive AI-supply class, now with disclosed face). Why 8%+: Face/mcap ~12% plus 58% of sales plus an advance clears the top band (LS Marine / hot-theme contract class); refuse 3-8% because the firm tranche alone is ~10% of mcap with staged cash, and AI-ASIC narrative historically trades past mid-band on this name. Haircut only the contingent ₩9.2bn and multi-year design duration — not enough to drop the band. Why p≈14%: Session high already +11.9% and live +7.3% within ~5 min of the 11:59 stamp — the 8%+ impulse is largely spent; leftover is autopsy / don't-chase, not unused mid-session alpha.
Open-mkt buyback ₩1.00bn / 372,439sh (~3.6% OS / ~3.3% mcap) then cancel — window 30 Sep→29 Dec; Hana broker
2026-09-29 11:59 KST: iQuest (아이퀘스트, 262840, KOSDAQ) filed a material report — treasury-share acquisition decision (주요사항보고서/자기주식취득결정). Shares to acquire: common 372,439; other 0. Planned amount: ₩999,998,715 (=₩1.000bn / 10.00억) — sized off board-eve close 2026-09-28 ₩2,685/sh. Window: 2026-09-30 → 2026-12-29 (may shorten). Hold period: blank (cancel planned after acquire). Purpose: share-price stability and shareholder value (acquire then cancel / 취득 후 소각). Method: open-market direct buy on KOSDAQ. Broker: Hana Securities. Pre-deal treasury: dividendable-range 18,730sh (0.18%) + other 2,701sh (0.03%). Board: 2026-09-29 (1 outside director present; auditor absent). Daily buy-order cap: 37,243 common (max of 10% of planned shares vs 25% of 1m ADV vs 1% of OS=102,497 → 10% of planned binds). Issued shares implied by 1%-of-OS cap: ~10,249,700. Distributable-profit buyback capacity on form: ₩34.09bn. rcpNo 20260929000135 / dcmNo 11593513 confirmed on DART HTML viewer (아이퀘스트 matches). Live at enrich (Naver 262840 @2026-09-29 12:05 KST, OPEN): last ₩2,880 (+195 / +7.26% vs prev-close ₩2,685); session O/H/L ₩2,635 / ₩2,895 / ₩2,635; vol 65,085; shares ~10,566,952; mcap ≈ ₩304.3억 (₩30.43bn); face/mcap ≈ 3.3%; shares/OS ≈ 3.6%; high +7.82%.
What: Mid-session iQuest board authorized an open-market treasury buy of 372,439 common shares (~3.6% of OS) for ₩1.00bn (~3.3% of live ₩30.4bn mcap), window 30 Sep–29 Dec, purpose cancel after acquire, brokered by Hana. Why up: Cancel-bound cash bid on a ₩30bn microcap removes float and puts a mechanical bid in the book starting tomorrow — not an ESOP trust that returns stock to float. Why 3-8%: ~3.3% of mcap / ~3.6% of OS with soft cancel-after-acquire language on a thin KOSDAQ name is Handsome/YM mid-band; refuse 8%+ because cancel is not already-held/dated and buys start tomorrow (not Multicampus already-held cancel gap); refuse 1-3% because microcap + cancel language clears sub-2% drop territory. Why p≈22%: Live already +7.3% (high +7.8%) into the 3-8% band within minutes of the stamp — part of the band is spent; leftover is residual grind into the delayed buy window, not a clean unused open gap.
Exit TDI manufacturing & sales — face ₩117.9bn = 5.87% of 2025 consol sales; effective ~18 Dec; marginal-business cleanup; halt 10:58–11:28
2026-09-29 10:58 KST: OCI (OCI 주식회사, 456040, KOSPI) filed a material report — business suspension (주요사항보고서/영업정지). Suspended field: TDI manufacturing and sales business (TDI 제조 및 판매 사업). Suspension amount (영업정지금액): ₩117,947,181,460 (=₩117.95bn / 1,179.5억). Recent sales total (2025 consolidated): ₩2,009,429,144,163 (=₩2,009.43bn) → 5.87% of sales. Large-corporation filer: yes. Exchange mandatory disclosure: yes. Content: discontinue TDI manufacturing and sales business. Reason: exit of a marginal/unprofitable business (한계사업 정리). Future measures (company): improve profitability / corporate and shareholder value. Stated impact (company): profitability improvement from exiting the marginal business. Suspension effective date: 2026-12-18 (may move with progress). Board resolution: 2026-09-29 (4 independent directors present / 0 absent; auditor present). Notes: suspension amount and recent sales are YE2025 consolidated figures. Companion halt filing rcpNo 20260929800185 / dcmNo 11593365: material-disclosure trading halt 2026-09-29 10:58 → 11:28 KST (~30 min); reason important-disclosure (영업정지); KRX Disclosure Reg. Art. 40. rcpNo 20260929000097 / dcmNo 11593367 confirmed on DART HTML viewer (OCI 주식회사 matches). Live at enrich (Naver 456040 @2026-09-29 11:02 KST, HALTED): last ₩76,500 (−3,200 / -4.02% vs prev-close ₩79,700); session O/H/L ₩78,900 / ₩79,500 / ₩76,500; vol 9,672; shares 8,952,495; mcap ≈ ₩6,848.7억 (₩684.87bn); face/mcap ≈ 17.2%; session high vs prev -0.25%.
What: Mid-session OCI board resolved to discontinue its TDI manufacturing and sales line, booking a ₩117.95bn suspension face (5.87% of 2025 consolidated sales / ~17.2% of live mcap) with an effective date around 18 Dec 2026, framed as exiting a marginal business for profitability; KRX halted the stock 10:58–11:28 for the material disclosure. Why mixed: Management's own reason is cleanup of an unprofitable line (restructuring / margin positive), but the form permanently removes ~5.9% of consol sales with no disclosed exit gain, charge, or residual P&L — and the tape already printed −4.0% into the halt (first vote is sales-loss fear, not a celebration). This is not a regulator-forced company-wide ban (Daeyang class). Why 3-8%: 5.87% of sales plus a KRX material halt on a ~₩685bn KOSPI name is mid-band; refuse 8%+ because it is a selective product-line exit dated Dec, not a same-day credit hole or whole-firm stop; refuse 1-3% because the halt + live mid-single move show more than noise. Sales-% is disclosure materiality, not the price band (sales%≠band rule). Why p≈32%: The 11:28 resume single-price auction is the real leftover window (SNT Motive halt class); live already −4.02% at the session low into the halt spends part of a 3-8% band, so leftover is two-way resume risk (~32%), not a clean unused short.
Memory semiconductor supply PO to Alliance Memory (US) — face ₩19.24bn ($14.15m) = 35.8% of 2025 sales / ~7.9% mcap; due-on-receipt; thru 28 Feb 2027
2026-09-29 10:34 KST: Fidelix (피델릭스, 032580, KOSDAQ) filed a single sales·supply contract (단일판매ㆍ공급계약체결). Content: memory semiconductor supply (메모리반도체 공급). Conditional contract: no. Contract amount: ₩19,244,000,000 (=₩19.244bn / 192.44억) — form FX note: USD 14,150,000.00 at first mid ₩1,360.00/USD on 2026-09-29. Recent sales (YE2025 standalone): ₩53,615,518,212 (=₩53.62bn) → 35.8% of sales. Counterparty: Alliance Memory, Inc. — unlisted; main business semiconductor sales; relation "-"; same-type contracts performed in last 3 years: yes. Region: overseas (US). Period: 2026-09-29 → 2027-02-28 (end may move by mutual agreement). Advance/down payment: none (무). Payment: Due on receipt (cash at delivery). Production: outsourced (fabless; 자체생산 미해당 / 외주생산 해당). Contract/award date: 2026-09-29 (= PO receipt date). Disclosure reserve: none. rcpNo 20260929900153 / dcmNo 11593282 confirmed on DART HTML viewer (피델릭스 matches). Live at enrich (Naver 032580 @2026-09-29 10:40 KST, OPEN): last ₩7,370 (+360 / +5.14% vs prev-close ₩7,010); session O/H/L ₩7,010 / ₩7,690 / ₩6,970; vol 799,935; shares 33,132,064; mcap ≈ ₩2,441.8억 (₩244.18bn); face/mcap ≈ 7.88%; high +9.70%.
What: Mid-session Fidelix disclosed a US memory-semiconductor supply purchase order from Alliance Memory for ₩19.24bn ($14.15m at ₩1,360), equal to 35.8% of 2025 standalone sales and ~7.9% of live mcap, with due-on-receipt cash and delivery through 28 Feb 2027; the company is fabless (outsourced) and has done same-type deals with this counterparty in the last three years. Why up: A named US memory distributor PO at more than a third of last-year sales is real near-term revenue visibility on a thin KOSDAQ fabless name — not an affiliate restatement and not a soft IR. Why 3-8%: Face/mcap ~8% plus 35.8% of sales clears mid-band, but there is zero advance and cash only on delivery over ~5 months, so refuse 8%+ (Eco&Dream / materials-PO no-advance class). Refuse 1-3%: sales- and mcap-material on a ~₩244bn name. Why p≈16%: Session high already +9.70% (top of the 3-8% band) with live +5.14% ~4 min after the 10:34 stamp — leftover is autopsy / don't-chase, not unused alpha.
Cancel 8.33m treasury shares (25.0% of OS) ~13 Oct — face ₩248.4bn at prior close; capital unchanged; halt 10:28–10:58 for ≥10% cancel
2026-09-29 10:28 KST: SNT Dynamics (SNT다이내믹스, 003570, KOSPI) filed a stock-cancellation decision (주식소각결정). Cancel common shares: 8,334,579; preferred: 0. Pre-cancel issued common: 33,252,697 (preferred 0). Par listed ₩2,500/sh. Cancel face (소각예정금액): ₩248,370,454,200 (=₩248.37bn / 2,483.7억) — form says prior-business-day close basis (₩29,800/sh → 8,334,579×₩29,800). Acquisition method: already-held treasury (기취득 자기주식); no new buyback window (start/end "-"). Cancel scheduled date: 2026-10-13 (may slip with admin). Board resolution: 2026-09-29 (1 outside director present; auditor present). FTC filing: not applicable. Notes: Commercial Act Art. 343(1) board cancel of held treasury — issued share count falls but capital stock does not; post-cancel common will be 24,918,118; this filing also stands in for a treasury-disposal disclosure. Companion halt filing rcpNo 20260929800141 / dcmNo 11593314: material-disclosure trading halt 2026-09-29 10:28 → 10:58 KST; reason "stock cancel ≥10%"; KRX Disclosure Reg. Art. 40. rcpNo 20260929800131 / dcmNo 11593280 confirmed on DART HTML viewer (SNT다이내믹스 matches). Live at enrich (Naver 003570 @2026-09-29 ~10:33 KST, HALTED): last ₩28,800 (−1,000 / −3.36% vs prev-close ₩29,800); session O/H/L ₩29,650 / ₩29,650 / ₩27,700; vol ~43,597; mcap ≈ ₩9,577억 (₩957.7bn); cancel-face/prev-mcap ≈ 25.1%; cancel-shares/OS = 25.03%. Mon 28 cash closed ₩29,500 (+13.24%).
What: Mid-session SNT Dynamics board resolved to cancel 8.33m already-held treasury shares (25.0% of the 33.25m outstanding) on ~13 Oct for a ₩248.4bn face at the ₩29,800 prior close, leaving capital stock unchanged and cutting post-cancel common to 24.92m; KRX halted the name 10:28–10:58 for a ≥10% cancel. Why up: Destroying a quarter of the share count without issuing new equity is mechanically EPS- and BPS-accretive and tightens free float — the exchange halt threshold itself marks this as a size event, not an IR notice. Why 3-8%: Face is ~25% of mcap / 25% of OS, which would clear 8%+ on a fresh buyback, but call-rules treat treasury cancel of already-held shares as an admin stamp with no new cash return (move often already on the first buyback print); Mon already ran +13.24%, so refuse 8%+. Refuse 1-3%: a ≥10% exchange halt on a 25% OS cancel is too large for a 1-3% band. Why p≈35%: Halt lift at 10:58 still leaves an unused post-halt cash window today, but haircut hard for (1) treasury/admin class, (2) Mon +13% front-run risk, and (3) live already −3.4% into the halt (opposite-side tape vs a clean UP leftover).
MFDS Phase-3 plan APPROVAL for Lu-177 DGUL (Pocuvotide) in mCRPC — 150 pts; applied 30 Jun, approved 28 Sep
2026-09-29 07:38 KST: Cellbion (셀비온, 308430, KOSDAQ) filed an ad-hoc fair disclosure — investment-judgment major matter (clinical-trial plan approval etc.). Title: multicenter, open-label, randomized Phase-3 clinical-trial plan APPROVAL evaluating efficacy and safety of Lutetium(177Lu) DGUL (Pocuvotide tetraxetan) in patients with metastatic castration-resistant prostate cancer (mCRPC). Stage: Phase 3. Approving authority: MFDS (식품의약품안전처). Country: Korea. Sites: multicenter (Seoul National University Hospital etc.). Indication: mCRPC. Application date: 2026-06-30. Approval/decision date: 2026-09-28. Registration No.: 20260131137. Primary objective: rPFS of BSC/SoC + Lu-177 DGUL vs BSC/SoC alone (BICR, PCWG3 modified RECIST v1.1). Design: 150 subjects 1:1 randomized; Lu-177 DGUL q6w ×4 (up to +2 = max 6); cross-over allowed after radiographic progression in control arm. Trial period: ~36 months from IRB approval; expected end 2030-01-31. Fact date / confirmation: 2026-09-28 (= MFDS approval notice date). Risk notes on form: ~10% historical drug-approval odds; commercial plans may change. Related prior: 2026-06-30 Phase-3 plan APPLICATION filing. rcpNo 20260929900003 / dcmNo 11593074 confirmed on DART HTML viewer (셀비온 matches). Live at enrich (Naver 308430 @2026-09-29 ~08:10 KST, PREOPEN): last/prev-close ₩14,790 (Mon 28 close); shares 12,905,251; mcap ≈ ₩1,909억 (₩190.9bn).
What: Overnight Cellbion disclosed MFDS approval of its Korea Phase-3 plan for Lu-177 DGUL (Pocuvotide) in mCRPC — 150-patient multicenter open randomized add-on vs BSC/SoC, applied 30 Jun and approved 28 Sep, with ~36-month run to a 2030-01-31 expected end. Why up: Phase-3 CTA/plan approval is real pipeline progression for a radiopharma name whose lead asset just cleared the regulatory gate to start pivotal dosing — not an affiliate restatement and not a soft IR guide. Why 3-8%: This is plan approval to start Phase 3, not a CSR/efficacy win (Inventera class is hotter); Jun-30 application already telegraphed the calendar, and the form itself cites ~10% historical approval odds — refuse 8%+ binary-shock. Refuse 1-3%: on a ~₩191bn KOSDAQ biotech into a clean pre-open window the tape can still clear mid-band. Why p≈40%: Stamp 07:38 KST into the 09:00 auction is unused leftover (pre-open rule); haircut for telegraphed Jun application and for biotech gap two-way risk.
Align Partners court petition to appoint EGM inspector for 8 Oct meeting — control-fight process stamp
2026-09-29 07:32 KST: Gabia (가비아, 079940, KOSDAQ) filed litigation etc. raised/applied (경영권 분쟁 소송). Case name: appointment of inspector (검사인 선임). Case No.: 2026비합10052. Court: Suwon District Court Anyang Branch (수원지방법원 안양지원). Applicant/plaintiff: Align Partners Asset Management Co., Ltd. (얼라인파트너스자산운용주식회사) + 1 other. Respondent: Gabia, Inc. Relief sought: court-appointed inspector to investigate legality of convening procedures and resolution methods for the extraordinary general meeting scheduled 2026-10-08 11:00 (incl. adjourned/continued/changed meetings), covering board convening resolution, notice content, shareholder access, proxy review, voting (incl. confirmation of voting-rights restrictions under Suwon Anyang 2026카합10156), ballot handling, and minutes — inspector fees to be borne by Gabia. Company response: will respond under legal procedures. Application/confirmation dates: 2026-09-28. Related prior: 2026-09-23 EGM convening notice; 2026-08-28 record-date / EGM convening resolution. rcpNo 20260929900001 / dcmNo 11593053 confirmed on DART HTML viewer (가비아 matches). Live at enrich (Naver 079940 @2026-09-29 ~08:10 KST, PREOPEN): last/prev-close ₩40,350 (Mon 28 close); shares 13,420,684; mcap ≈ ₩5,415억 (₩541.5bn).
What: Overnight Gabia disclosed that Align Partners (+1) petitioned the Anyang court (2026비합10052) to appoint an inspector over the 8 Oct EGM’s convening/voting legality — sequel to the Aug-28 EGM resolution and Sep-23 convening notice, and tied to an existing voting-rights restriction case (2026카합10156). Why mixed: A control-fight process stamp that can still whip governance premium or short-covering, but petition ≠ inspector granted ≠ board flip (Mobile Appliance / Gabia-DCK class) — not a clean directional event. Why 1-3%: On a ~₩542bn KOSDAQ name this is incremental process inside a known fight, not a new tender or SPA; refuse mid-single inventing a significant move. Why p≈28%: Pre-open leftover into 09:00 is unused; haircut because the Oct-8 EGM path was already telegraphed since late August.
₩4.0bn third-party placement 4.0m sh @ ₩1,000 (~40% mcap / +19% shares) — Med Investment becomes new largest shareholder
2026-09-29 07:30 KST: MOA Life Plus (모아라이프플러스, 142760, KOSDAQ) filed a material report — decision on paid-in capital increase (유상증자결정). New common shares: 4,000,000; par ₩1,000. Pre-deal issued common: 21,083,490. Method: third-party allotment (제3자배정증자). Purpose: operating funds ₩4,000,000,000 (=₩4.0bn / 40억). Issue price: ₩1,000/sh. Reference price: ₩478 (min of 1m/1w/latest WASP simple avg vs latest WASP). Premium vs reference: form lists 할증율 209.2% (issue = 209.2% of ₩478 reference; Commercial Act Art. 330 par floor when discounted calc < par). Allottee: Med Investment Partnership (메드투자조합) 4,000,000 sh — relationship "-"; GP/100% LP Choi Jae-in (최재인); partnership property ₩10,000,000; funding via capital + borrowings. Pay-in: 2026-10-14. Dividend start: 2026-01-01. Listing scheduled: 2026-11-04. Board: 2026-09-28 (outside directors blank; auditor absent). Securities registration statement: exempt (1-year mandatory holding on all new shares). Notes: on pay-in completion the largest shareholder will change to Med Investment Partnership; schedule may slip with regulators. Use of proceeds: operating funds ₩2.0bn in 2026 + ₩2.0bn in 2027. rcpNo 20260928000396 / dcmNo 11593008 confirmed on DART HTML viewer (주식회사 모아라이프플러스 matches). Live at enrich (Naver 142760 @2026-09-29 ~08:10 KST, PREOPEN): last/prev-close ₩471 (Mon 28 close); shares 21,083,490; mcap ≈ ₩99.3억 (₩9.93bn); raise/mcap ≈ 40.3%; new shares/OS ≈ 19.0%; issue ₩1,000 = +112% vs last ₩471.
What: Overnight MOA Life Plus board-approved a ₩4.0bn third-party placement of 4.0m common @ ₩1,000 (par floor; ~19% of 21.08m shares / ~40% of the ~₩9.9bn mcap) to Med Investment Partnership, with pay-in 14 Oct / list 4 Nov, 1-year lockup, and explicit largest-shareholder flip to Med on pay-in. Why mixed: Control-bid cash at a large premium to the ₩471 last is real (Artist Studio / Nexa / K3I class), but +19% share count + opaque ₩10m-property partnership buyer + listing overhang is the other leg — not a clean UP. Why 8%+: Face is ~40% of a ₩10bn microcap with a stated control change — overnight gap/volatility class, not a 1-3% grind. "8%+" here is volatility band, not one-way drift. Why p≈42%: Pre-open 07:30→09:00 leftover is unused; haircut for thin-name two-way whip and for a possible prior Sep-16 2m-share raise path already in the narrative.
₩150bn funding-support guarantee for M-Park SPC (17% equity / ~43% mcap) — affiliate liquidity path TBD
2026-09-28 16:00 KST: Dongwha Enterprise (동화기업, 025900, KOSDAQ) filed a decision on debt guarantee for others (타인에대한채무보증결정). Debtor: Park DB First Co., Ltd. (파크디비제일차 주식회사) — relationship: none (SPC set up for this loan ABL/securitization). Creditor: DB Securities Co., Ltd. (디비증권). Debt (borrowed) amount: ₩150,000,000,000 (=₩150.0bn / 1,500억). Guarantee amount: ₩150,000,000,000 (=₩150.0bn) — funding-support (자금보충) obligation; on default, conditional assumption of SPC loan principal/interest to lenders. Equity on the form (2025 YE consolidated): ₩880,173,716,773 (=₩880.17bn) → guarantee/equity 17.04%. Large-corporation filer: yes. Guarantee period: 2026-09-30 → 2028-09-30 (may move with amortization). Total guarantee balance: ₩612,386,171,400 (=₩612.39bn). Board / decision date: 2026-09-28 (1 outside director present; auditor present). Notes: loan funds Park-DB-First so it can on-lend to affiliate M-Park (엠파크); M-Park proceeds are intended as Dongwha parent liquidity, but method/size not yet decided; FX for foreign guarantees uses Hana first mid on 2026-09-28; debtor is new SPC so summary financials blank. rcpNo 20260928900439 / dcmNo 11592343 confirmed on DART HTML viewer (동화기업 matches). Live at enrich (Naver 025900 @2026-09-28 ~16:06 KST, after cash close): close ₩6,870 (+140 / +2.08% vs prev ₩6,730); open ₩6,850; high ₩7,040 (+4.61%); low ₩6,650; vol 110,315; mcap ≈ ₩3,473억 (₩347.3bn); guarantee/mcap ≈ 43.2%. After-hours over ≈ ₩6,900 (+2.53%).
What: After the cash close Dongwha Enterprise approved a ₩150bn (=17% of YE2025 equity / ~43% of ~₩347bn mcap) funding-support guarantee so SPC Park DB First can finance affiliate M-Park, with proceeds notionally earmarked for Dongwha parent liquidity (structure/size still unset), lifting total guarantees to ₩612bn. Why mixed: Credit/guarantee stamps are stronger than backlog, and a path to parent liquidity is real — but this is contingent funding-support plus conditional debt assumption on a related-party loop, not new booked cash. Why 1-3%: Face/mcap is large (EcoPlastic/Namkwang class), yet contingent ≠ same-session cash hole; cut the band vs a clean equity raise. Why p≈25%: After-close so overnight is the product; tape only +2.1%/high +4.6% leaves most of a 1-3% band unused, haircut for shrug-risk on affiliate guarantee optics.
₩337.8bn nitric-acid offtake to Indonesia BKP (30% sales / ~47% mcap) — supply 2029–2039; zero advance; secrecy-held until today
2026-09-28 15:51 KST: TKG Huchems (티케이지휴켐스, 069260, KOSPI) filed a single sales·supply contract (단일판매ㆍ공급계약체결). Type: other sales·supply / nitric acid supply contract (질산 공급계약 체결). Contract amount: ₩337,824,000,000 (=₩337.8bn / 3,378.2억). Recent sales (YE2025 consolidated): ₩1,127,691,137,096 (=₩1,127.69bn) → 30.0% of sales. Large-corporation filer: no. Counterparty: blank on form ("-"); relation "-". Supply region: Indonesia. Contract period: 2029-03-31 → 2039-03-30. Advance/down payment: none (무). Payment: against shipping docs under L/C. Contract/award date: 2026-09-23. Disclosure reserved for business secrecy until 2029-03-31. Notes: face = 10y planned volume (180kt/year) × Aug-2026 feedstock prices at Hana first mid ₩1,360.0/USD on 2026-09-23; period anchors to commercial ops start of PT. BATUTA KIMIA PERDANA (BKP) ammonium-nitrate plant in Kalimantan (expected supply start 2029-03-31); volume/price may change with counterparty offtake, feedstock and FX. rcpNo 20260928800375 / dcmNo 11592318 confirmed on DART HTML viewer (티케이지휴켐스 matches). Live at enrich (Naver 069260 @2026-09-28 ~16:06 KST, after cash close): close ₩17,740 (+1,540 / +9.51% vs prev ₩16,200); open ₩16,170; high ₩19,310 (+19.20%); low ₩16,120; vol 294,926; mcap ≈ ₩7,203억 (₩720.3bn); face/mcap ≈ 46.9%. After-hours over ≈ ₩17,760 (+9.63%).
What: After the cash close TKG Huchems disclosed a ₩337.8bn (=30% of YE2025 sales / ~47% of ~₩720bn mcap) nitric-acid offtake for BKP’s Kalimantan ammonium-nitrate plant, sized off 180kt/y × Aug-2026 feedstock, running 31 Mar 2029 → 30 Mar 2039, with zero advance and L/C payment — board dated 23 Sep and held under secrecy until today. Why up: Named multi-year chemical offtake into a new regional AN train is real volume visibility the tape can capitalize, not an affiliate restatement. Why 1-3%: Face clears every size bar, but first cash is ~2.5y out with no down payment — HMM/long-duration class, not an 8%+ near-term fuel print (sales % ≠ price band). Why p≈20%: After-close so overnight→09:00 is the product, but same-day cash already +9.5%/high +19.2% before the stamp (leak-or-unrelated) cuts unused leftover hard.
₩16.5bn 100% buy of Green Pack (cosmetics PE-tube maker) — ~78% of mcap / ~41% equity; deposit today, ₩12.5bn cash by 28 Oct, ₩4bn earnout
2026-09-28 15:42 KST: Digi.I (디지아이, 043360, KOSDAQ) filed a material report — decision to acquire shares/equity of another corporation (타법인주식및출자증권양수결정). Target: Green Pack Co., Ltd. (그린팩); nationality Korea; CEO Cheon Hyo-man (천효만); capital ₩700,000,000; issued shares 70,000; main business: cosmetics plastic/tube molding equipment manufacture. Relation on form: largest shareholder (of target). No 3rd-party new-share buy in prior 6 months. Acquire: 70,000 shares (100%) for ₩16,500,000,000 (=₩16.5bn / 165억). Digi.I total assets (YE2025 K-IFRS): ₩43,764,106,692 → face/assets 37.70%. Digi.I equity: ₩40,303,244,481 → face/equity 40.94%. Post-deal ownership: 70,000 shares / 100.00%. Purpose: enter cosmetics PE-tube manufacturing via control. Share-transfer scheduled date: 2026-09-28. Sellers: Cheon Hyo-man 60,300 sh / ₩14,936,250,000; Lee Myeong-ju (이명주) 9,500 / ₩1,530,000,000; Cheon A-reum (천아름) 200 / ₩33,750,000. Payment (cash): (1) deposit ₩1,250,000,000 on 2026-09-28; (2) balance ₩11,250,000,000 on 2026-10-28; (3) deferred ₩4,000,000,000 to Cheon Hyo-man only, payable 2027–2031 the day after a clean audit confirms year sales/EBITDA hurdles (2027: sales ≥₩23.0bn & EBITDA ≥₩3.0bn; then 25/3, 27/3, 28/3, 30/3) — shortfalls reduce the earnout. Funding: own cash and bank borrowings. External fairness opinion: Hanmi Accounting (2026-08-24→09-23); DCF equity value ₩14,203m–₩18,706m; deal ₩16,500m inside range — not found unfair. Board 2026-09-28 (0 outside directors; auditor attended). FTC filing: yes. No put option. No reverse-merger plan. Target summary financials (₩m): H1-2026 assets 16,511 / equity 2,639 / sales 9,548 / NI 857 (accounting diligence); prior year sales 14,994 / NI 801 with qualified audit (한정) by Taeil. rcpNo 20260928000226 / dcmNo 11592297 confirmed on DART HTML viewer (디지아이 matches). Live at enrich (Naver 043360 @2026-09-28 ~15:48 KST, cash closed): ₩2,340 (−10 / −0.43% vs prev ₩2,350); open ₩2,350; high ₩2,350; low ₩2,245; vol 15,095; mcap ≈ ₩211억 (₩21.1bn); face/mcap ≈ 78.2%; Digi YE2025 sales ≈ ₩213억 (₩21.3bn) → face/sales ≈ 77%.
What: After the cash close Digi.I (043360) board-approved buying 100% of Green Pack (cosmetics PE-tube maker) for ₩16.5bn (= ~78% of ~₩21.1bn mcap / ~41% of YE2025 equity / ~77% of Digi YE2025 sales), with ₩1.25bn deposit today, ₩11.25bn on 28 Oct, and ₩4bn contingent 2027–2031 earnout; share transfer dated 28 Sep; funded by cash+bank debt; Hanmi DCF ₩14.2–18.7bn brackets the price. Why mixed: Real control + new vertical at a fairness-bracketed price, but transformative cash/debt outlay vs a still-lossy Digi balance sheet, target prior qualified audit, and multi-year earnout — not a clean bullish order print. Why 8%+: Face ≫ mcap on a ₩21bn / 15k-ADV name is overnight shock class, not mid-single-digit. Why p≈40%: After-close with tape unused (−0.43%) so next open is the window; haircut for funding/earnout/Silla ignore-risk on debt-funded microcap M&A.
Asia news
Age-cut Mon 28 + Tue 29 only · n=8 · Tue KR PREOPEN. JSON: asia-news.json.
MiniMax launches M3.1-Flash-Preview text/coding model into public testing
Mon 28 Sep: MiniMax began public testing of M3.1-Flash-Preview — native multimodal, ~1M-token context, aimed at bug-fix through full feature work; some developers linked it to the anonymous “Space Bunny” model that topped OpenRouter/OpenCode usage over Mid-Autumn.
Why it matters: Hard rank-a China AI ship print inside Tue age-cut — keeps MiniMax in the ship-often race vs DeepSeek/Kimi/Zhipu/Qwen; supportive HK/China AI beta, not a same-session 000660 earnings catalyst.
DeepSeek publishes DSec agent-training sandbox paper (Liang Wenfeng on author list)
Mon 28 Sep: DeepSeek + Tsinghua released DeepSeek Elastic Compute (DSec) tech report — production sandbox infra behind V3.2→V4.1 agent training; ~3M sandboxes/day, peak concurrency >380k, create >5k/s; Liang ranked last among 130+ authors.
Why it matters: Hard rank-a DeepSeek infra/agent-stack signal — constructive China frontier-lab tape; reinforces AI-compute demand narrative that still coexists with Mon KR chip risk-off.
ByteDance grabs about one-fifth of China’s data-centre capacity as AI drives infra boom
Mon 28 Sep SCMP: ByteDance estimated to control ~20% of mainland data-centre capacity amid AI training/inference buildout — largest single-tenant color in China DC scramble.
Why it matters: Hard rank-a China AI infra demand — supportive HSI AI/data-centre beta and NVDA-China adjacency; pairs with Mon KR selloff narrative on AI-capex timing risk (two-way).
Chinese chip foundry CanSemi’s IPO oversubscribed 2,360× as investors chase AI boom
Mon 28 Sep SCMP: CanSemi (China domestic foundry) IPO books oversubscribed ~2,360 times — retail/institutional chase of AI-linked semiconductor capacity names on the mainland listing calendar.
Why it matters: Soft-hard China chip/AI listing froth — supportive China semi beta; contrast with Mon KRX foreign dump of Samsung/Hynix (risk appetite split Asia vs KR large-cap memory).
KOSPI −2.70% to 6,889.74 as foreigners dump ~₩3tn Samsung + SK hynix
Mon 28 Sep first cash after Chuseok: KOSPI 6,889.74 (−191.18 / −2.70%); KOSDAQ 846.58 (+0.25%). Samsung ₩270,000 (−5.43%); SK hynix ₩1,768,000 (−5.05%). Foreigners net sold ₩3.24tn on KOSPI incl. ₩1.73tn Hynix + ₩1.38tn Samsung. Drivers cited: US long yields (10y >5.2% / 30y >5.5%), AI data-centre delay concerns, Solidigm IPO dilution talk.
Why it matters: Hard session print for 000660/005930/KOSPI into Tue open — foreign flow + rates/AI-capex narrative set the overnight leftover; Tue PREOPEN Hynix flat-ish (+0.06% over) vs Samsung soft (−0.93% over).
Nvidia CEO Huang receives Van Fleet Award; Samsung Lee and SK Chey attend
Tue 29 Sep Yonhap (event Mon NY): Jensen Huang awarded Korea Society Van Fleet Award for Korea–US AI/semi partnership; Samsung Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won attended the gala.
Why it matters: Soft NVDA–Korea diplomatic/industrial color — supportive narrative adjacency for 000660/005930/NVDA, not a same-session cash catalyst into Tue auction.
Strong AI demand prompts Hong Kong trade body to raise export growth forecast
Mon 28 Sep SCMP: HK trade body lifts export growth outlook citing strong AI-related demand — rare upward revision color for HK goods trade into AI cycle.
Why it matters: Soft constructive HSI/HK trade-AI beta — pairs with Mon HSI +0.54% while KRX chip large-caps sold off.
BOK: September business sentiment slips from nearly four-year high on rising costs
Tue 29 Sep: BOK Composite Business Sentiment Index 99.1 in Sep (−0.5pt m/m) after Aug 102 peak since Sep 2022; manufacturers 99.5 (from 103.8); non-manufacturing improved. Reading <100 = pessimists > optimists.
Why it matters: Soft Korea macro color into Tue cash — mild headwind vs chip-beta, not a direct Hynix filing; contrasts Sun KCCI Q4 BSI improvement story (outside age-cut).
SK Hynix map
Korea line
000660 / SKHYNIX / xyz:SKHX
KR PREOPEN Tue 29 → cash 09:00 KST. Mon cash ₩1,768,000 (−94–95k / −5.05%; O/H/L 1,825k / 1,840k / 1,768k; vol 3,302,748) — Yahoo/Naver/Herald. Flows Mon: For −988,534 / Inst −274,871 / Ind +676,119; FO 49.94% (Herald value sell ₩1.73tn). Tue PREOPEN over ₩1,769,000 (+0.06%) — indication only. Samsung Mon ₩270,000 (−5.43%); over ₩267,500 (−0.93%). KOSPI Mon 6,889.74 (−2.70%). KIND/DART: no NEW 000660. data.krx shorts UNKNOWN. HL xyz:SKHX 1302.5.
ADR / FX / prem
SKHY / xyz:SKHY
SKHY Mon RTH $181.92 (−5.03%) vs Fri $191.56 (O/H/L 185.76 / 186.70 / 179.31; vol ~15.0M). Won Naver Hana 1,358.0 (−0.15%). Cross-session prem (Mon ADR vs Mon KRX parity) ≈ +39.73%. Mon KR narrative: US long yields + AI-DC delay fears + Solidigm IPO dilution talk (Herald). Do not invent a Tue gap from Yahoo alone. Paper Seoul vs Mon: watch auction vs flat over. HL xyz:SKHY 183.31; BN GEO-BLOCKED.
Best paper arb idea (Tue open): Mon foreign dump left cash −5% with Tue over only +0.06% while ADR prem still ~+40% and overnight Anthropic $518bn / NVDA buyback tape bid. Watch 09:00 auction reclaim vs fade, HL xyz:SKHY↔Mon ADR tightness, and whether foreign selling persists. Micron 30 Sep calendar. Research/paper only. Field: /workspace/desk-site/_pack/20260929-am/.
BN vs HL (Korea pair)
Live marks refreshed 2026-09-29 07:48 HKT / 2026-09-29 08:48 KST. BN fapi GEO-BLOCKED — BN−HL mark bp UNKNOWN. ADR/KRX cross-session prem ~+39.73%. Research/paper only.
HL xyz dex OK: xyz:SKHY mark 183.31 / fund 6.25e-06. xyz:SKHX mark 1302.5 / fund 6.25e-06. Rates move; paper only.
BN: fapi SKHYUSDT/SKHYNIXUSDT restricted-location (451). No BN marks this fire.
Paper only. No fills. No live bots. Caveat: without BN, spread/arb watch is HL↔ADR only.
US / AJ
Standing board. Overnight X: NVDA +$150bn buyback (AJ up); Anthropic $518bn 2027 infra; Samsung 2nm yield ~60%. Mon SKHY $181.92 (−5.03%). TSLA caution stack (Xpeng FSD PRIOR) unchanged. No brand-new Y ticker.
| Ticker | Follow | Note |
|---|---|---|
| AVGO | Y | Live. Standing Y. Unchanged. |
| NIO | Y caution | China concentration. Unchanged. |
| EOS | Y avoid | Still avoid. |
| NVDA | Y | Live / HC. AJ +$150bn buyback confirm + Anthropic $518bn 2027 infra — constructive US-hours color; Huang Van Fleet Korea award soft. |
| MRVL | Y | Unchanged. |
| MU | Y | Micron earnings 30 Sep is the week’s memory calendar — more salient after Mon KR memory dump. |
| XPEV | Y | Standing Y. PRIOR Xpeng FSD pace vs Tesla. |
| META | booked | Enterprise Platform PRIOR = color only. |
| AMD | Y | TSMC 2nm / foundry color intact. |
| LITE | Y | Standing Y. Paper until memo body checked. |
| ORCL | Y | Wait sleeve. Unchanged (DC-delay narrative was part of Mon KR sell color). |
| PLTR / AAPL | N / event | Unchanged. |
| EOSE | avoid | AJ red flags |
| TSLA | caution | Xpeng FSD pace PRIOR + EU share ATL — caution stack intact; Samsung 2nm→Tesla supply note is foundry color not a TSLA Y. |
| SPCX | watch | Watch, not a Y. |
| RIVN | N | Skip. |
| DELL | watch title | Not a Y. |
| INTC | color | Still not an AJ Y (jukan 2nm note mentions Intel 18A as peer, not a buy). |
2026-09-29 07:48 HKT / 2026-09-29 08:48 KST. No brand-new Y ticker. Paper.
Korea / KRX
PREOPEN → OPEN 09:00 KST — Tue 29 Sep 2026. Attractive list EMPTY besides Hynix desk (Mon foreign ₩3.24tn KOSPI sell / chip −5% leaves no fresh long sleeve). Mon cash: KOSPI 6,889.74 (−2.70%); 000660 ₩1,768,000 (−5.05%); 005930 ₩270,000 (−5.43%). Tue over 000660 ₩1,769,000 (+0.06%) / 005930 ₩267,500 (−0.93%). Won 1,358. SKHY Mon $181.92; prem ≈ +39.73%. HSI Mon 24,642.51 (+0.54%). No 000660 DART keep. data.krx missing.
DART live pack (≥Mon 28 15:40 KST): 6 keeps — Cellbion / Gabia / MOA Life Plus (overnight) + Dongwha / TKG Huchems / Digi.I (Mon after-close). Into Tue auction leftover mainly on overnight three.
X · priority
2026-09-29 07:48 HKT / 2026-09-29 08:48 KST · Home unavailable. Sentiment mixed, medium. Morning since 22:00 HKT: n_new=3. Showing NEW + key PRIOR (eve/AM demoted).
Samsung Foundry 2nm (SF2) yield reportedly ~60% (from mid-50s); focus shifting to performance-per-watt / SF2P; Tesla 2nm supply framed as springboard for more big-tech wins. TSMC still ~72.5% foundry share vs Samsung ~5.9%.
Implication: Constructive 005930 Foundry narrative into Tue KR — yield/maturity color vs Mon cash −5.43%; not a volume/earnings print but soft support for foundry optionality (pairs with prior QCOM–Samsung 2nm).
ANTHROPIC TO SPEND $518B ON CLOUD, INFRASTRUCTURE IN 2027.
Implication: Very large constructive AI-capex / cloud demand signal into Asia morning — extends evening Anthropic contracted-value >$180bn print; supportive NVDA/TSM/000660 complex, against Mon KR “AI DC delay” sell narrative.
AJ: Nvidia increased share buyback by $150bn — now by far the largest buyback in the market; claim that a prior “unlock largest buyback” call came true; NVDA +30% since that subscriber note.
Implication: Constructive NVDA capital-return / confidence signal on Y-list NVDA — US-hours confirmation color; not KR cash alpha into 09:00.
Samsung Electro-Mechanics (009150) to invest ₩4.27tn (~$4.4bn / 43.6% equity) in FC-BGA package-substrate capacity through May 2028; Vietnam sub factory expansion ₩2.51tn.
Implication: Constructive SEMCO/advanced packaging tape — pairs with afternoon MLCC tightness; KR components capacity build still the evening lead.
NVIDIA: Anthropic’s reported contracted value exceeds $180bn.
Implication: Large constructive NVDA AI-demand/backlog signal into US hours — reinforces foundry/HBM pull (TSM/000660 complex) alongside afternoon SKHY Japan fab.
$TSM affiliate VIS inaugurated Singapore advanced chip plant (sold out); power/analog/auto-industrial; also supports TSMC interposers; second fab eyed.
Implication: Soft constructive TSM ecosystem / specialty-foundry capacity (legacy+interposer) — not HBM core but supports AI packaging chain.
Meta launching Meta Enterprise Platform as next major AI business pillar (superintelligence framing).
Implication: META AI monetization narrative — constructive optionality on Y-list META; execution/spend vs margin still open.
AJ: Xpeng FSD already looks better than Tesla FSD v12.5; Xpeng could reach today’s Tesla FSD level in <2 years if pace holds.
Implication: Adds to TSLA caution stack (with EU share ATL PRIOR) — FSD competitive gap vs China OEM narrative.
PRIOR (aft): Korean media — SK Hynix begun foundation work for Japan fab ($SKHY).
Implication: 000660/SKHY capacity narrative still intact into Tue KR open.
PRIOR (aft): MLCC supply situation worsening.
Implication: Pairs with evening SEMCO FC-BGA capex — components tightness/build theme.
PRIOR (AM): TSMC 2nm bookings up 10–20%; wafer capacity pull-forward to ~120k/mo by YE26.
Implication: Still lead constructive TSM/AI foundry signal; pairs with evening VIS Singapore fab.
Xinhua Amsterdam road test: XPENG and Tesla intellig driving both smooth on canals/trams/bikes ($XPEV).
Implication: Mixed EV ADAS tape — XPEV visibility; not a clean TSLA negative on its own (pairs with FSD pace post above).
PRIOR (aft): banks/stablecoins; QNT +158% on Clearing House Quant pick.
Implication: Fintech/stablecoin-infra — not KR memory core.
X · tape
Method: morning GraphQL UserTweets (cookie auth, qid qJy3MbaNndtzxf9IqUzxMg); HomeLatest unresolved. Cutoff for NEW: after 2026-09-28 22:00 HKT. Priority: @alojoh @citrini @zephyr_z9 @jukan05 @BowTiedBull. priority_scrape.cutoff now 2026-09-29 07:48 HKT.