Daily brief
Morning report — Thu 22 Oct 2026 ~07:51 HKT / 08:51 KST (research/paper)
Research/paper only. No live orders or recommendations. KRX opens 09:00 KST (08:00 HKT); pack written pre-open. Age cut: news Wed 21 + Thu 22 only; DART ≥ Wed 21 Oct 15:40 KST.
today Wed Korea bounced hard — SpaceX/SMCI AI prints eased CapEx fears. Wed cash: KOSPI 5,735.66 (+3.29%), Samsung ₩223,500 (+5.67%), SK hynix ₩1,294,000 (+5.81%) (vs Tue ₩1,223,000); foreign +150,127 / inst −16,885 / indiv −569,645 on the name; foreign hold 48.79%; buy-side sidecar triggered. HK soft: HSI 23,651.87 (−0.90%), HSTECH 3,994.77 (−1.26%) through 4000; Zhipu HK$496 (+2.31%), MiniMax HK$171.90 (+0.23%). SKHY Wed RTH $143.25 (+2.48%); same-session prem ~+47.0%. No new 000660 DART. Overnight+pre-open DART KEEP×24 already forwarded.
watchlists US AJ: NEW rows 0. Standing Y: AVGO, MU, MRVL, NVDA (HC), XPEV, META, AMD. Wait ORCL; Caution TSLA, NIO (TSLA Caution reinforced — corporate puffery / Elmo EV-robotaxi jab); Watch SPCX (Starship F15 cadence); Avoid EOSE, EOS; N PLTR, AAPL, RIVN, SNDK. Korea attractive: EMPTY (Finance MCP needsAuth). Hardcore unread. NVDA Wed $221.97.
asia news 7 items (a 2 / b 4 / c 1). Zhipu/MiniMax rebound + DeepSeek DeepInfer; KOSPI +3.29% / Samsung+Hynix / buy-side sidecar; HSI −0.90% / HSTECH through 4000; SpaceX SI +830% colour.
X Afternoon tape ~13:53 HKT: n_new=10 since Thu AM ~07:51 HKT. Sentiment mixed / medium (shifted) vs AM risk-on semis lean: AJ TSLA Caution cluster (Megapack 40→20 GWh, FSD 1-in-10 / ~60% miles, AI4 residual); Citrini cyber UP (php2shell / vuln hunt); Zephyr CISO meme; Jukan YMTC/CXMT 4F² DRAM + memory-rebound Q; BowTiedBull tech/equity. Thu-AM NEW → PRIOR. Home available (Following @levturtle; hardcore not in slice). Hardcore unread.
DART 16 keep after age cut (floor Wed 15:40 KST): LG Display 034220 MIXED 1-3%; Boryung 003850 MIXED 3-8%; IPARK Hyundai Development 294870 UP 3-8%; Youngwoo DSP 143540 UP 3-8%; HD Hyundai Marine Engine 071970 UP 1-3%; Samsung E&A 028050 UP 3-8%; Haesung Aerobotics 059270 UP 3-8%; Polaris Uno 114630 MIXED 8%+; Hyundai Rotem 064350 UP 1-3%; Newbotec 060260 MIXED 3-8%; Aroot 096690 MIXED 3-8%; Asta 246720 MIXED 3-8%; RFTech 061040 MIXED 8%+; Vinatech 126340 UP 3-8%; MOT 413390 UP 3-8%; Korea Comprehensive Engineering 023350 DOWN 1-3%. No 000660 filing. Last watch scan 2026-10-22 13:31 KST; tip_by_time 20261022000200 @ 13:22 / tip_by_rcp 20261022000209. ping_needed=false
funding BN vs HL (07:42 HKT): BTC +0.83 / ETH -0.58 / SOL -2.23; SKHY +10.93 bp, SKHYNIX/SKHX +12.10 bp. HL SKHY/SKHX mark−oracle (+1.4 / +21.8 bp). Next BN 08:00 HKT. Paper only.
HYROX Warsaw HYROX: OPEN since Wed 14 Oct (PL onSale; last_pinged_id pl-page-onsale-2026-10-14). No new Outlook Warsaw registration mail this morning. ping_needed=false.
US / AJ
Standing board, NEW rows 0. Colour: TSLA Caution reinforced (puffery / Elmo jab); SPCX Watch reinforced (F15 cadence); MU Y Outlook Micron selloff teaser colour only. Outlook: Wed *Same Depth, Different Fuel…* Micron/semis (thesis locked — portal not fetched); Fri trade-alert ×4 still app-teaser. SKHY Wed RTH $143.25 (+2.48%) — colour only.
| Ticker | Follow | Note |
|---|---|---|
| AVGO | Y | Standing Y. Unchanged. |
| MU | Y | Standing Y. Wed Outlook Micron/semis selloff teaser (thesis locked) — colour only, not NEW. Jukan Micron 3D DRAM/zHBM overnight colour. Paper only. |
| NVDA | Y (HC) | Standing HC. Wed $221.97. DeepSeek DeepInfer + Jukan NVDA/SEMCO ABF PRIOR — no sleeve change. |
| MRVL | Y | Standing Y. Unchanged. |
| XPEV | Y | Standing Y. Unchanged. |
| META | Y | Standing Y. Unchanged. |
| AMD | Y | Standing Y. Unchanged. |
| ORCL | Wait | Wait sleeve. Unchanged. |
| TSLA | Caution | Caution reinforced: AJ Wed–Thu corporate puffery / Elmo “20M EVs / robotaxis” jab + “left with Elmo now”. No Avoid upgrade on public X. Hardcore unread. |
| NIO | Caution | Unchanged. |
| SPCX | Watch | Watch reinforced: AJ Starship Flight 15 “next month” cadence (54d if Nov 21) + Jukan SpaceX neocloud PRIOR. No sleeve invent. |
| EOSE | Avoid | Avoid (standing with EOS). |
| EOS | Avoid | Avoid standing. No fresh Wed–Thu AJ print. |
| PLTR | N | N. |
| AAPL | N | N. |
| RIVN | N | N. |
| SNDK | N | N. |
Paper only. Hardcore unread (protected; no browser). AJ portal not accessed. TSM/ASML memos remain colour — no sleeves invented.
Korea / KRX
KRX cash opens Thu 22 Oct 09:00 KST / 08:00 HKT (PREOPEN now). Attractive list: EMPTY (Finance MCP needsAuth — no invented Markets promotion; 000660 on Hynix desk only; DART keeps stay on DART board).
Wed 21: KOSPI 5,735.66 (+3.29%) — open 5,666.34, buy-side sidecar after >4% spike (Yonhap Infomax/Chosun/SEDaily). 005930 ₩223,500 (+5.67%); 000660 ₩1,294,000 (+5.81%). Hynix name flows: foreign +150,127; inst −16,885; indiv −569,645; foreign hold 48.79%.
Overnight+pre-open DART KEEP×11 (Samsung E&A / Haesung Aerobotics / Polaris Uno / Hyundai Rotem / Newbotec / Aroot / Asta / RFTech / Vinatech / MOT / Korea Comprehensive Engineering) already forwarded — see DART board. No 000660 DART (Q3 call still Tue 28 Oct 09:00 KST).
Asia news tape
Thursday age cut: Wed 21 + Thu 22 only · n=7 (a 2 / b 4 / c 1) · refreshed 2026-10-22 08:04 HKT / 2026-10-22 09:04 KST. Rank a = China AI / HK; b = SK hynix/Samsung/KOSPI/HSI; c = other macro.
Session context: Thu 22 Oct pre-open (~07:51 HKT / 08:51 KST): KRX cash opens 09:00 KST. Wed 21 cash: KOSPI 5,735.66 (+3.29%), Samsung ₩223,500 (+5.67%), 000660 ₩1,294,000 (+5.81%); Hana FX 1,327.50. SKHY Wed RTH $143.25 (+2.48%). HK Wed: HSI 23,651.87 (−0.90%); HSTECH 3,994.77 (−1.26%); Zhipu 496 (+2.31%); MiniMax 171.90 (+0.23%).
Zhipu 2513.HK +2.31% to HK$496; MiniMax-W 0100.HK +0.23% to HK$171.90 after M3.1 Flash overnight
etnet Wed open: Zhipu (02513) +5.9% at HK$513.50 / MiniMax (00100) +2.9% at HK$176.40 on SpaceX SI beat colour. Official closes (Closelook / stockanalysis): Zhipu HK$496.00 (+2.31%, range 487.20–526.50); MiniMax-W HK$171.90 (+0.23%, range 168.40–179.30). Prior Tue smash: Zhipu −6.41% / MiniMax −5.82%.
Implication: HK AI names rebounded off Tue wash but closed well off highs — idiosyncratic open bid, not a broad HSTECH risk-on (HSTECH still −1.26% through 4000). a-rank colour into Thu.
www.etnet.com.hk/www/eng/futures/futures_news_detail.php?newsid=20261021
DeepSeek open-sources DeepInfer inference framework for V4.1-Flash high-throughput serving
East Money / DeepSeek announce (Wed CN tape): DeepSeek said it open-sourced internal inference framework DeepInfer used to power V4.1-Flash high-throughput serving — continues Mon–Tue efficiency / cheap-token narrative into Wed Asia.
Implication: Supports China AI infra/margin narrative and Zephyr DeepSeek-moment colour for inference providers. Soft for closed NVDA software-stack optics, mixed for HBM bit-demand (efficiency vs Jevons). Not a same-session KRX print.
KOSPI +3.29% to 5,735.66 as SpaceX/SMCI AI prints ease CapEx fears — buy-side sidecar
Chosun Biz EN Wed: KOSPI closed 5,735.66 (+182.92 / +3.29%) after open 5,666.34 (+2.04%); gains widened as Samsung/SK hynix surged; buy-side sidecar triggered when index jumped >4%. Foreign net +₩952.8bn, institutions +₩92.5bn, individuals sold >₩1.5tn (Chosun flow; Yonhap Infomax alternate foreign +₩660bn / retail −₩1.13tn). Catalyst: SpaceX Q3 SI institutional revenue +830% YoY to $7.56bn + Super Micro AI-server beat.
Implication: One-day bounce after Tue −3.73% — AI CapEx doubt eased overnight. Durability needs foreign follow-through into Thu auction. Core b-rank.
biz.chosun.com/en/en-finance/2026/10/21/42CR6FU6SJDHRGWEXAGIZLZDTM/
Samsung ₩223,500 (+5.67%) / SK hynix ₩1,294,000 (+5.81%) on Super Micro AI-server beat
SEDaily Wed open: Samsung/SK hynix rebound 4–5% early on Super Micro preliminary Q1 revenue ~$19bn vs ~$15bn exp (AH >+13%). Official closes (Yonhap Infomax / WSJ / stockanalysis): Samsung ₩223,500 (+5.67%, range 217k–228k); SK hynix ₩1,294,000 (+5.81%); both printed ~7–8% intraday highs before close.
Implication: Chip beta re-risk after Tue wash. Hynix desk: official Wed ₩1,294,000; same-session ADR prem still ~+47%. Bounce session — not a structural re-rate. Paper only.
en.sedaily.com/finance/2026/10/21/samsung-sk-hynix-rebound-4-5-percent-o
First KOSPI buy-side sidecar in ~two months after KOSPI200 futures +5%+
SEDaily / Korea Times Wed: KRX suspended program buying ~5 minutes after KOSPI200 futures rose >5% vs reference (Korea Times: +5.22%); first buy-side sidecar since ~20 Aug. KOSPI intraday high 5,816.43 before closing 5,735.66.
Implication: Confirms how violent the morning futures bid was — mechanical, not a structural signal by itself. Colour under the +3.29% close.
en.sedaily.com/finance/2026/10/21/kospi-surge-triggers-first-buy-side-si
HSI −0.90% to 23,651.87; HSTECH −1.26% to 3,994.77 through 4,000
Xinhua Wed: Hang Seng Index −0.9% to 23,651.87 (−215.87); HSCEI −1.08% to 7,943.41; Hang Seng Tech −1.26% to 3,994.77 (−51.14). Main-board turnover ~HK$176.6bn (Xinhua CN). RTHK: Seoul/Tokyo firmer on chips while HK soft.
Implication: Seoul chip bounce diverged from soft HK tech — Asia tape mixed into Thu open. Contrasts Zhipu/MiniMax a-rank rebound (idiosyncratic vs index).
english.news.cn/20261021/3577d95700f04a97b0e64a2654678800/c.html
SpaceX Q3: SI institutional revenue +830% YoY to $7.56bn — overtook communications
Chosun Biz Wed wrap: SpaceX Q3 revenue +161% YoY; SI (superintelligence / AI) institutional sector revenue +830% YoY to $7.56bn (~₩10tn), overtaking communications as largest revenue sector — cited as the catalyst that quelled AI CapEx doubts into Seoul's +3.29%.
Implication: Narrative fuel for AI infra / memory demand — same catalyst Korea traded Wed. c-rank macro/AI colour only; not a Korea same-session single-name print beyond the bounce framing.
biz.chosun.com/en/en-finance/2026/10/21/42CR6FU6SJDHRGWEXAGIZLZDTM/
Gaps: Yonhap EN economy RSS 404 — used Chosun Biz EN + SEDaily EN + Yonhap Infomax + Xinhua/RTHK. HKET EN thin/blocked; SCMP paywalled — skipped. KED Global homepage OK but EN article depth thin (Samsung close rounded). Finance MCP needsAuth — Korea attractive EMPTY (no invented Markets promotion). @alojohhardcore unread (protected; no browser). Home available via signed-in @levturtle Following (hardcore not in slice). BN next funding 08:00 HKT may print after ~07:42 snap.
X · tape
Sources: X MCP get_users_posts on public handles (NEW window after 2026-10-21T23:50:00Z / morning pack 07:51 HKT). @alojohhardcore skipped (protected/unauthorized; not in Home Following slice). Home available via signed-in @levturtle Following/Recent (~13:44→~07:38 HKT; virtualized scroll may skip some). BowTiedBull lifestyle siblings skipped.
X · priority
2026-10-22 13:53 HKT / 2026-10-22 14:53 KST · priority authors (@alojoh @citrini @zephyr_z9 @jukan05 @BowTiedBull) · NEW since Thu AM ~2026-10-22 07:51 HKT: n_new=10 (X MCP). Thu-AM NEW → PRIOR. Sentiment mixed / medium (shifted) — AJ TSLA Caution cluster + Citrini cyber UP + China DRAM colour. Home available (Following @levturtle; hardcore not in slice). Hardcore unread.
AJ: Tesla cut disclosed Shanghai Megapack capacity 40→20 GWh; Chinese competitors ~half price; slowdown warned.
Implication: TSLA Caution reinforced (energy storage growth/competition). No Avoid upgrade on public X. Hardcore unread. Paper only.
Citrini: 'find bad vulnerabilities in stock market'.
Implication: UP colour for cyber / vuln-research narrative (pairs with php2shell worry). Not Korea cash. Paper only.
AJ: Across FSD fleet, FSD active in ~60% of miles driven.
Implication: MIXED FSD utilization colour — engagement vs attach gap (see 1-in-10 signup). Standing TSLA Caution only.
AJ: About 1 in 10 Tesla customers signed up for FSD.
Implication: TSLA Caution — low FSD attach vs utilization narrative. Paper only.
AJ: Tesla about to upgrade AI4; Q4 AI4 delivery value drops when next-gen HW ships.
Implication: TSLA Caution — HW obsolescence / residual-value hit on AI4 deliveries. Paper only.
Citrini: worried massive exploits every other week (quotes Cloudflare php2shell surge).
Implication: UP for cybersecurity demand / risk narrative. Adjacent to Citrini cyber deep-dive franchise. Paper only.
BowTiedBull: Tech ripping so no reason to ask high salaries — take equity + bill-pay cash.
Implication: MIXED risk-on tech / labor-vs-equity colour into US hours. Soft macro. Skip lifestyle siblings.
Jukan/Counterpoint: YMTC like CXMT researching 4F² DRAM; YMTC 9,600 MT/s; mass production YMTC Fab 3.
Implication: MIXED/soft for KR memory competitive set — China DRAM roadmap colour vs Hynix/Samsung. Not a same-session cash print. Paper only.
Zephyr CISO meme: PHP2Shell/Railway/Node/LiteLLM queue vs AI attacker; compliance bureaucracy.
Implication: MIXED cyber/AI-attacker colour — reinforces exploit cadence narrative. Paper only.
Jukan: 'Could memory stocks rebound within the next six months?'
Implication: MIXED memory-timing question — no directional call; colour only after Wed bounce. Paper only.
PRIOR (Thu AM): Zephyr quotes Elice Korea debut plunge as much as 32%: 'Well...'
Implication: DOWN/mixed for KR AI-edu IPO optics (Elice). Soft colour into Thu Korea open — not a DART keep. Paper only.
PRIOR (Thu AM): Citrini: AI molecule-design economics getting better — ~cumulative 50× reduction in token use from idea to ready-for-synthesis over past 6 months.
Implication: UP for AI drug-discovery / bio-tooling narrative. Adjacent CRL colour in same thread. Not Korea cash tape. Paper only.
PRIOR (Thu AM): Citrini: 'So bullish western monkey supply. $CRL'
Implication: UP colour for Charles River ($CRL) / western primate-supply bottleneck vs AI molecule design acceleration. US single-name; not AJ sleeve.
PRIOR (Thu AM): AJ: Elon said Starship Flight 15 would take place 'next month'. If Nov 21 → 54 days since F14 = 4th-quickest launch / fastest in >1y (since F11 Oct 2025).
Implication: SPCX Watch reinforced (cadence colour). No sleeve invent. Same overnight thread as SpaceX revenue puffery. Paper only.
PRIOR (Thu AM): AJ to Elon/ThomasSowell: 'Says the “20M EVs/year” and “millions of robotaxis next year [2021]” guy.'
Implication: TSLA Caution reinforced — Elmo EV/robotaxi miss jab. No Avoid upgrade on public X. Hardcore unread.
PRIOR (Thu AM): AJ: 'Where is this Elon gone? Oh wait, we are left with Elmo now.'
Implication: TSLA Caution colour overnight — same Elmo jab thread. Standing Caution only.
PRIOR (Thu AM): Zephyr on Recursive SI Flint local coding model: 'Very cool Matching the small Qwen with their first model release'.
Implication: MIXED China/open local-coding model colour — efficiency/local stack narrative continues. Soft for closed inference moat optics.
PRIOR (Thu AM): Zephyr on Micron 3D DRAM: 'They see it as a 2030/2030+ thing' (quote Jukan).
Implication: MIXED memory roadmap: 3D DRAM framed as 2030+ — dampens near-term scarcity read vs HBM path. Colour on MU Y / Hynix adjacency.
PRIOR (Thu AM): Jukan: 'Looks like Micron is developing zHBM too.'
Implication: UP/mixed memory demand colour — Micron zHBM path alongside 3D DRAM. Constructive for HBM stack race (Hynix/Samsung adjacency). Paper only.
PRIOR (Thu AM): Jukan: 'Hmm... Looks like Micron is going straight to 3D DRAM.'
Implication: UP memory tech-path colour for MU Y + HBM/3D DRAM race. Not a cash print. Paper only.
PRIOR (Thu AM): Jukan: 'Will hybrid bonding (W2W) be adopted before High-NA EUV?'
Implication: MIXED packaging/litho sequencing colour — relevant to HBM/advanced packaging supply chain, not a same-session cash print.
PRIOR (Wed eve): Jukan: NVIDIA has once again snapped up a massive amount of ABF substrate capacity — SEMCO!!
Implication: UP for Samsung Electro-Mechanics (SEMCO, 009150) / KR ABF substrate supply chain — NVDA capacity grab is constructive colour vs Tue DeepSeek/AI-credit scare. Image claim from post; not a DART cash print. Paper into US hours.
PRIOR (Wed eve): Jukan: SpaceX is effectively the best neocloud — short-term leases only so it can keep raising prices as compute scarcity slopes up; best infra buildout + own demand → 2–3× premium vs IREN (~$60bn/GW). Until Terafab ASICs ~2030, SpaceX will devour more Nvidia chips than anyone; may absorb hyperscaler ASIC slowdown.
Implication: UP/mixed for NVDA demand narrative + SPCX Watch colour — SpaceX as top Nvidia offtaker offsets Google/hyperscaler ASIC self-build fear. Reinforces standing SPCX Watch (premium/neocloud), not a thesis upgrade. No AJ Avoid. Paper only.
PRIOR: Jukan/ETNews: SK hynix in supply-chain talks for iHBM — next-gen HBM thermal tech with ICE elements in base-die interconnect; claims >30% cut in thermal resistance; WLP on Advanced MR-MUF; target apply from HBM5.
Implication: UP for SK hynix (000660) HBM roadmap / thermal moat and adjacent MR-MUF materials/equipment chain. Constructive vs Tue efficiency scare; Korean media colour, not a same-session cash print (KRX closed). Paper only.
PRIOR (Wed aft): Jukan BREAKING: Korean activist fund Align discloses stake in SK Inc., holding company of SK Group.
Implication: UP/mixed for SK Inc (034730) governance / holding-co discount unlock — KED Global later: Align says SK Inc undervalued ~75% despite SK Hynix stake. Constructive colour vs Tue DeepSeek scare; not a Hynix cash print. Paper into US hours.
PRIOR (Wed aft): AJ quotes Grok on Elon’s lawyers’ “corporate puffery” defense (replying to Elon’s $1T SpaceX-2028 claim): courts treat vague optimistic statements as non-actionable — ‘They prey on the sheep. Disgusting.’
Implication: Reinforces standing TSLA Caution + SPCX Watch into Q3 call day — legal-optics colour on SpaceX/Tesla narrative, not a new Avoid. Portal not accessed. Hardcore unread.
Dropped: citrini RT Aug cyber deep dive; zephyr RT teortaxes DeepSeek (pure RT); BowTiedBull lifestyle snitch/keep-quiet + gold alchemy niche; @alojohhardcore unread / not in Home Following slice; Home kept 17 market items (skip UN/DMZ geopolitics; skip duplicate alojoh NEW). Pruned from feed (oldest Wed AM noise): 2112709021392380123, 2112665949510029512, 2112665161194672181, 2112587391504359593, 2112580606605607055, 2112575809030586866. Prior pruned carried: 3 ids.
DART · material KR
Last-updated 2026-10-22 15:12 KST (Asia/Seoul) · KEEP×26: Inhwa Precision 101930 UP 1-3%; SGC Energy 005090 MIXED 1-3%; Apact 200470 MIXED 3-8%; Multicampus 067280 UP 1-3%; ELP 063760 UP 3-8%; Vivian 002070 MIXED 8%+; KBI Dongkook Industrial 001620 MIXED 3-8%; Secure Letter 418250 MIXED 3-8%; LIG Defense & Aerospace 079550 MIXED 3-8%; Mirae I&G 007120 MIXED 8%+; LG Display 034220 MIXED 1-3%; Boryung 003850 MIXED 3-8%; IPARK Hyundai Development 294870 UP 3-8%; Youngwoo DSP 143540 UP 3-8%; HD Hyundai Marine Engine 071970 UP 1-3%; Samsung E&A 028050 UP 3-8%; Haesung Aerobotics 059270 UP 3-8%; Polaris Uno 114630 MIXED 8%+; Hyundai Rotem 064350 UP 1-3%; Newbotec 060260 MIXED 3-8%; Aroot 096690 MIXED 3-8%; Asta 246720 MIXED 3-8%; RFTech 061040 MIXED 8%+; Vinatech 126340 UP 3-8%; MOT 413390 UP 3-8%; Korea Comprehensive Engineering 023350 DOWN 1-3%
Age window ≥ 2026-10-21 15:40 KST · 26 keep · last scan 2026-10-22 15:12 KST · tip_by_time 20261022000327 @ 15:08 / tip_by_rcp 20261022000327 · DART todayRSS TLS EOF (KIND todaydisclosure.do POST OK this watch) · no 000660 filing · ping_needed=true (Inhwa 00297 + SGC Energy 00306)
Buyback trust ₩5.0bn (~1.9% mcap / ~2.0% OS) · Shinhan · to 22 Apr 2027 · cancel intent · planned 909k @ ₩5,500
Thu 22 Oct 15:04 KST: Inhwa Precision (인화정공, 101930) signs a ₩5.0bn Shinhan buyback trust through 22 Apr 2027 with cancel language in the purpose and 909,090 planned shares @ ₩5,500 (~2.0% of ≈45.7m OS / ~1.9% of ≈₩266bn mcap); already holds 469,739 via a prior trust. UP: fresh cash bid plus stated cancel intent. 1–3%: size is under the usual 3–8% cancel bar (ELP today was ~13% mcap) — refuse 3–8%/8%+. p≈12%: Naver already +6.0%/high +6.5% within minutes of the stamp so the 1–3% band is spent; leftover = don’t-chase / fade into the 15:30 close, not entry.
Q3 consol prelim OP ₩39.9bn +57% YoY / −11% QoQ · NI ₩8.2bn turnaround · sales ₩575.6bn −4% YoY
Thu 22 Oct 15:06 KST: SGC Energy (005090) prints Q3 consol prelim sales ₩575.6bn −3.9% YoY, OP ₩39.9bn +56.8% YoY but −11.2% QoQ, NI ₩8.2bn turnaround from a −₩18.5bn year-ago loss; 9M OP +56.5%. MIXED: YoY OP recovery and NI turnaround are constructive, but sequential OP decline on flat sales is the LS Eco-class qualifier (not clean UP). 1–3%: ₩549bn mid-cap — refuse 3–8%/8%+ shock. p≈18%: live already −4.0% / day high +3.8% so the tape has already whipped both sides; leftover is close/overnight residual, not unused same-session band.
Max-holder 3P 3.84m sh (~8.6% OS) @ ₩7,821 (−10%) · ₩30.0bn facility (SOCAMM2/DRAM test) · 1yr lockup
Thu 22 Oct 14:49 KST: Apact (에이팩트, 200470) max-holder 3P of 3,835,826 sh (~8.6% of 44.59m OS) at ₩7,821 (−10% vs ₩8,690) for ₩30.0bn facility — SOCAMM2/DRAM-module test cleanroom ₩20bn + test gear ₩10bn. Allottee Dynamic Growth LLC (max holder); pay-in 2026-11-13; list 2026-12-04; full 1yr lockup. MIXED: named semi-test capex cash + locked insider capital is constructive, but ~8.6% dilution at a −10% discount is an overhang/control-path print (affiliate haircut), not clean UP. 3–8%: ~8.6% OS / ₩30bn ≈8% of ≈₩371bn mcap is mid-band (refuse 8%+ after max-holder caveat). p≈18%: 14:49 stamp; day already ₩7,810–₩8,720; live ~₩8,470 flat — close/overnight leftover only; don’t-chase.
Q3 consol prelim OP ₩9.12bn +14% YoY / NI ₩8.23bn +20% · KRX corr-demand
Thu 22 Oct 14:22 KST: Multicampus (067280) prints Q3 consol prelim sales ₩90.8bn +7% YoY, OP ₩9.12bn +14% YoY/+3.5% QoQ, NI ₩8.23bn +20% YoY; 9M OP still −14% YoY after a weak H1. KIND flags KRX correction-demand. UP: clean quarter OP/NI beat. 1–3%: mid-teens beat on a ₩157bn name is not Flitto-class shock; refuse 3–8%. p≈22%: Naver still flat ₩26,400 on risk-off KOSDAQ −3.5% day ~11 min after stamp — leftover into close/overnight; haircut for corr-demand.
Treasury buyback trust ₩3.0bn (~13% mcap) · Korea Investment · to 22 Apr 2027 · no cancel · hold blank
Thu 22 Oct 14:16 KST: ELP (063760) signs a ₩3.0bn (~13% of ≈₩22.75bn mcap) Korea Investment buyback trust through 22 Apr 2027; no cancel language, hold period blank, already owns 8.8% treasury. UP: cash bid into the book. 3–8%: soft/no-cancel trust on thin KOSDAQ (YM class) — refuse 8%+ expected drift despite face/mcap. p≈12%: Naver already +13.75%/high ₩2,450 at enrich so first clip spent; leftover = don’t-chase / fade risk into close, not entry.
Max-holder in-kind 3P 7.78m sh @ ₩3,087 (+162% OS) · ₩24.01bn Iksan plant · 1yr lockup · KRX corr-demand
Thu 22 Oct 14:07 KST: Vivian (비비안, 002070) will take Iksan land+building from max holder Ssangbangwool for ₩24.01bn and pay with 7.78m new shares @ ₩3,087 (+162% OS, ~62% of post float, ~133% of ≈₩18.1bn mcap), pay-in 9 Nov, 1yr lockup. MIXED: plant/logistics add vs related-party mega-dilution that cements control. 8%+: share count more than doubles on a thin ₩18bn book (Artist Studio / heavy-3P class). p≈22%: live still ~+0.5% at enrich so some leftover into close/Nov pay-in, but deal telegraphed since Jun and affiliate/in-kind haircuts apply; KRX corr-demand may rewrite details.
Plant land+building buy ₩27.5bn (~62% mcap / 3.15% assets) · Ulsan crashpad factory · close 15 Jan 2027
Thu 22 Oct 14:05 KST: KBI Dongkook (001620) buys an Ulsan plant site for ₩27.5bn (~62% of ≈₩44.5bn mcap, only 3.15% of book assets) from Taewon, close 15 Jan 2027, for a crashpad new line. MIXED: growth optionality vs large near-term cash leaving a cheap PBR name with no revenue print today. 3–8%: face/mcap is huge but cash is ~3 months out and earnings lag the build (refuse 8%+ same-session). p≈15%: live already −2.7% at enrich so first clip partly spent; leftover is fade/overnight not a clean long.
3P 354,611 sh @ ₩1,974 (~4.9% OS) · ₩700.0m WC · max-holder + distributor · 1yr lockup · halted since Apr 2024
Thu 22 Oct 13:42 KST: Secure Letter (시큐레터, 418250, KOSDAQ) filed a 3P of 354,611 shares (~4.9% OS) at ₩1,974 for ₩700.0m working capital, pay-in 30 Oct, 1yr lockup, with the max shareholder and a distributor among allottees. Direction MIXED — ₩700m cash/liquidity helps a halted/management name, but the print re-anchors at ~30% of the last cash close and still cannot trade. Magnitude 3–8%: ~4.9% OS / ~1.5% of ≈₩47.6bn mcap is mid-band dilution size (not Mirae-class 33% OS), yet the −70% vs last close DCF lock-in matters for any resume. Probability ≈0%: name is halted (EOFlow class) — no same-session leftover; product is resume-day pricing vs the ₩1,974 anchor, and KRX correction-demand may rewrite the form.
2yr public-sector bid ban (64.5% of FY25 sales) · stay/lawsuit planned · answers morning inquiry
Thu 22 Oct 13:24 KST live cash: LIG Defense & Aerospace (LIG디펜스앤에어로스페이스, 079550, KOSPI) disclosed a 2-year public-sector bid ban (29 Oct 2026–28 Oct 2028) covering counterparties that were ₩2.777tn / 64.5% of FY2025 consol sales (₩4.307tn). Direction MIXED — losing new government/local/public bids for two years is a real revenue-pipeline hit on the majority of the book, but a stay can freeze the ban through the lawsuit and this stamp answers a same-morning exchange inquiry (rumor already in the tape). Magnitude 3–8%: 64.5% sales is shock-sized, but liquid ~₩10.7tn mega + confirmation-of-morning-media → refuse 8%+ same-session (Lotte Insurance confirmation class). Probability ≈28%: live ≈−2.1% / low ≈−4.5% so soft side already clipping; leftover is rest-of-day into close / overnight stay headlines, not unused full band.
3P placement 9.09m sh @ ₩1,100 (~+33% OS) · ₩10.0bn · undetermined target · 1yr lockup · pay-in 18 Dec
Thu 22 Oct 13:24 KST live cash: Mirae I&G (미래아이앤지, 007120, KOSPI) filed a 3P placement of 9.09m shares (~33% of 27.32m OS) at ₩1,100 for ₩10.0bn to buy undetermined third-party securities, pay-in 18 Dec 2026, 1yr lockup. Direction MIXED — ₩10bn cash (~39% of ≈₩26bn mcap) offsets massive opaque dilution/control-flex (KS Industry / Quro heavy-3P class), not clean UP or DOWN. Magnitude 8%+: ~33% OS on a thin KOSPI micro is gap-either-way shock size. Probability ≈12%: live already ≈−11.7% / low ≈−13% within ~18 min of the stamp — first clip owns the band; leftover is don’t-chase / overnight residual only.
Q3 prelim OP ₩250.6bn (QoQ black-turn / −42% YoY) · NI ₩755.6bn · sales ₩6.28tn +12% QoQ
Thu 22 Oct 13:22 KST live cash: LG Display (LG디스플레이, 034220, KOSPI) printed Q3 prelim sales ₩6,277.0bn (+12% QoQ / −10% YoY); OP ₩250.6bn (black-turn vs QoQ −₩107.7bn / −42% YoY vs ₩431.0bn); pretax ₩737.2bn and NI ₩755.6bn (both black-turn; NI ≫ OP). 9M OP ₩289.6bn (−17% YoY). Direction MIXED — QoQ OP recovery is real, but YoY OP still −42% and pretax/NI look below-the-line inflated (not clean Flitto UP; not LGES consensus beat). Magnitude 1–3%: liquid ~₩3.58tn mega (LGES/Samsung class); refuse 3–8% on YoY OP miss + one-off NI. Probability ≈22%: live ≈−2.6% / high still red so soft side already clipping; leftover is rest-of-day into close / overnight QoQ-vs-YoY digestion, not unused full band.
Q3 prelim OP ₩25.5bn (−13% YoY / +7% QoQ) · pretax/NI loss-turn −₩19.9bn/−₩13.2bn · sales ₩314bn +12%
Thu 22 Oct 12:15 KST live cash: Boryung (보령, 003850, KOSPI) printed Q3 prelim sales ₩314.4bn (+12.3% YoY / +12.4% QoQ); OP ₩25.5bn (−13.4% YoY / +7.1% QoQ); pretax −₩19.9bn and NI −₩13.2bn (both loss-turn vs YoY pretax ₩43.5bn / NI ₩34.0bn). 9M OP ₩69.4bn (+5.7%) and NI ₩52.3bn (+21.1%) still black. Direction MIXED — sales and OP expand QoQ, but YoY OP soft and a large below-OP swing to quarterly loss (not clean Flitto UP; not an LS Eco sequential-OP-miss). Magnitude 3–8%: ~₩40bn pretax hole vs ~₩733bn mcap is a real mid-cap whip; refuse 8%+ expected drift on liquid pharma. Probability ≈28%: live ≈+1.2% / high +1.9% so first clip small; leftover is rest-of-day into close / overnight NI-loss digestion (Oct 21 risk-off mute).
Q3 prelim OP ₩165.8bn (+127% YoY / +35% QoQ) on sales ₩1.08tn · 9M OP +78% YoY
Thu 22 Oct 11:26 KST live cash: IPARK Hyundai Development (IPARK현대산업개발, 294870, KOSPI) printed Q3 prelim OP ₩165.8bn (+127.1% YoY / +35.1% QoQ) on sales ₩1.08tn (+2.8% YoY / +18.3% QoQ); 9M OP ₩368.6bn (+77.9% YoY) despite 9M sales −14.5%. Direction UP — sequential and YoY OP both expand hard on a margin recovery, not an LS Eco sequential-miss print. Magnitude 3–8%: genuine OP double on a liquid ~₩1.38tn developer (refuse 8%+; no FY guide raise or cancel buyback unlike Samsung E&A pack). Probability ≈28%: live ≈+0.7% after session high +5.8%, so first clip partially spent; Oct 19 preview telegraphs some of the print; leftover is rest-of-day into close / overnight confirmation, not unused full band.
Samsung Display Vietnam display-equipment supply · ₩4.61bn (5.73% sales / ~10.6% mcap) · zero advance · to Dec 2027
Thu 22 Oct 11:04 KST live cash: Youngwoo DSP (영우디에스피, 143540, KOSDAQ) booked a display-equipment supply to Samsung Display Vietnam for ₩4.61bn (5.73% of 2025 consol sales / ~10.6% of ≈₩43.4bn mcap) with zero advance, mid 90%/final 10%, delivery through 31 Dec 2027. Direction UP — named Samsung Display Vietnam commercial PO on a thin equipment name. Magnitude 3–8%: ~10% of micro mcap is sizeable, but zero advance + ~14-month drip + voluntary (<10% sales) → Access Bio / Conic class; refuse 8%+ expected drift (thin book can still spike-fade). Probability ≈32%: live ≈−0.8% near unchanged mid-session so leftover is rest-of-day into close; Oct 21 risk-off mute haircuts same-session leftover.
Jiangsu New Yangzi ship-engine supply · ₩26.83bn (~6.7% sales / ~2.1% mcap) · advance yes · to Oct 2029
Thu 22 Oct 10:45 KST live cash: HD Hyundai Marine Engine (HD현대마린엔진, 071970, KOSPI) booked a Jiangsu New Yangzi ship-engine supply for ₩26.83bn (~6.7% of 2025 consol sales / ~2.1% of ≈₩1.30tn mcap) with advance, multi-year through Oct 2029. Direction UP — named foreign yard award with down payment adds backlog cash. Magnitude 1–3%: ~2% of mid-cap mcap + 3-year progress-bill (Hyundai Rotem / HD KSOE class); refuse 3–8% off sales%. Probability ≈30%: live stamp into still-open session; tape −1.5% pre-reaction so leftover is rest-of-day confirmation, not a clean overnight gap.
Q3 OP ₩500.6bn (+184% YoY) + FY26 guide OP ₩800bn→₩1.4tn + cancel buyback ₩690bn (~7.4% OS)
Thu 22 Oct 08:05–08:18 KST pre-open: Samsung E&A (삼성E&A, 028050, KOSPI) printed a four-stamp package — Q3 prelim OP ₩500.6bn (+183.6% YoY / +83.3% QoQ) on sales ₩2.91tn; FY26 guide raise sales ₩10.0tn→₩11.0tn, OP ₩800bn→₩1.4tn (+75%), orders ₩12.0tn→₩19.0tn; open-market buyback ₩780bn (~8.3% OS) with ₩690bn cancel-bound (~7.4% OS) plus ₩90bn employee reward. Direction UP — earnings beat + large guide raise + cancel float shrink. Magnitude 3–8%: liquid ~₩9.35tn mega (LGES/Cheil class); refuse 8%+. Probability ≈42%: clean pre-open leftover into 09:00; NXT may clip some edge.
Creditor bankruptcy petition dismissed · Incheon court · 2nd try after Jul withdraw
Thu 22 Oct 07:43 KST pre-open: Haesung Aerobotics (해성에어로보틱스, 059270, KOSDAQ) said Incheon court dismissed a shareholder-creditor bankruptcy petition — second attempt after a Jul filing was withdrawn. Court found no proven claim from alleged false-disclosure damages. Direction UP — removes an active bankruptcy-process overhang on a thin ₩~54bn name. Magnitude 3–8%: process relief, not a cash/earnings print; thin KOSDAQ can still gap the band at the open. Probability ≈30%: clean pre-open leftover into 09:00; Sep 14 related stamp haircuts surprise.
Control SPA to Lumens Bios · ₩57.3bn for 1.9m sh + ₩15bn CB · close 11 Dec · 34% post-convert
Wed 21 Oct 17:52 KST after-close: Polaris Uno (폴라리스우노, 114630, KOSDAQ) — max holders sold control package to Lumens Bios for ₩57.3bn (1.9m shares + ₩15bn CB), close 11 Dec, 34% post-convert. Deal face ≈1.8× live mcap. Direction MIXED — control flip + cash bid vs listing/shell path and thin book (Artist Studio / Nexa class). Magnitude 8%+: gap risk either way on a ₩~32bn name. Probability ≈35%: overnight→Thu open is the first cash auction; invest-caution flag already on the name.
Taoyuan Green Line Zhongli E&M supply · Rotem share ₩239.2bn (~4.1% sales / ~2.5% mcap) · advance yes · to 2033
Wed 21 Oct 16:53 KST after-close: Hyundai Rotem (현대로템, 064350) booked Taoyuan metro E&M ₩239.2bn (~4.1% sales / ~2.5% of ₩9.67tn mcap) with advance, multi-year to 2033; Aug 14 IR already flagged. Direction UP — named foreign transit award with down payment. Magnitude 1–3%: liquid mega + small % mcap + long drip (HD KSOE / Samsung Heavy class). Probability ≈22%: overnight confirmation leftover; prior IR cuts surprise.
Series-18 CB put: buy ₩3.0bn face for ₩3.008bn cash · ~26% of mcap leaving · ₩7.0bn CB left
Wed 21 Oct 16:47 KST after-close: Newbotec (엔투텍, 060260) will spend ≈₩3.01bn (~26% of ₩11.5bn mcap) to retire ₩3.0bn of Series-18 CB on a put. Direction MIXED — cash leaving offsets removal of convert optionality (JK Synapse / Telcon class). Magnitude 3–8%: material vs micro mcap but not a clean overhang-kill. Probability ≈25%: overnight→open; ₩7bn CB still outstanding.
3P ₩1.70bn @ ₩4,866 (−10%) · 349k sh (~8.7% OS) · individuals + related · pay-in 29 Oct
Wed 21 Oct 16:37 KST after-close: Aroot (에이루트, 096690) 3P ₩1.70bn at −10% (~8.7% OS), partly to max-holder related. Direction MIXED — ops cash vs discounted dilution. Magnitude 3–8%: mid-single % of mcap / high-single % OS on a ₩~22bn name. Probability ≈28%: overnight leftover; pay-in 29 Oct.
SD Biosensor petition for leave to call EGM · board swap / CEO removal slate · Suwon court
Wed 21 Oct 16:19 KST after-close: Asta (아스타, 246720) — SD Biosensor asked the court for leave to call an EGM aimed at board swap and CEO removal. Direction MIXED — petition is not a granted EGM or board flip (Mobile Appliance class). Magnitude 3–8%: control-fight headline on a ~₩100bn name, but no ruling yet. Probability ≈28%: overnight leftover; binary only if/when court grants leave.
Raise pack: 3P ₩9.0bn @ ₩6,120 (−5%) to max-holder + CB ₩10bn/₩5bn @ ₩6,485 · 70% refix · pay-in 12 Nov
Wed 21 Oct ~16:12–16:37 KST after-close: RFTech (알에프텍, 061040, KOSDAQ) stacked a max-holder 3P ₩9.0bn at ₩6,120 plus ₩15.0bn private CBs at ₩6,485 with 70% refix — ~₩24bn face / ~38% of ₩63bn mcap and ~42% potential OS. Direction MIXED — cash vs heavy dilution/control-stack (KS Industry / private-CB class). Magnitude 8%+: size + refixable convert on a mid-₩60bn book. Probability ≈32%: overnight→Thu open; pay-in still 12 Nov so tape can two-way.
Sanmina DC supercapacitor PO · ₩119.5bn (~145% sales / ~18% mcap) · zero advance · India · halt-to-close
Wed 21 Oct ~15:53 KST after cash close: Vinatech (비나텍, 126340, KOSDAQ) signed a Sanmina Corp PO for data-center supercapacitors — face ₩119.5bn (~145% of 2025 consol sales / ~17.6% of ~₩680bn mcap). Zero advance; overseas-sub production into India through 2027-12-23. Same-minute KRX disclosure halt until session end (already closed). Cash close ≈₩94,700 (+3.27%) is pre-stamp. Direction UP — named mega EMS CP plus mid-teens % of mcap near-term PO book. Magnitude 3–8%: refuse 8%+ for zero advance and ~14-mo drip despite 145% of sales (Access Bio / Woori Ro class). Probability ≈32%: after-close → next-open leftover; live only +3.3% so unused overnight band remains.
Battery assembly-equipment PO · ₩10.1bn (~13% sales / ~14% mcap) · unnamed CP · zero advance · 70% midpay
Wed 21 Oct ~15:51 KST after cash close: MOT (엠오티, 413390, KOSDAQ) signed secondary-battery assembly-equipment supply — face ₩10.1bn (~13.4% of 2025 consol sales / ~14.3% of ~₩70.8bn mcap). CP withheld; zero advance; 70% midpay on delivery/inspection + 30% final; window through 2027-04-20. Cash close ≈₩6,270 (soft into the stamp). Direction UP — size vs thin mcap is real near-term equipment cash even with unnamed CP. Magnitude 3–8%: refuse 8%+ for withheld CP + zero advance (Jetema/Conic class). Probability ≈28%: after-close overnight leftover; soft pre-stamp tape.
Gyeongju Nasan Energy waste-to-oil award cancel · ₩31.0bn (~7.8% sales / ~79% mcap) · PF fail · conditional never effective
Wed 21 Oct ~15:41 KST after cash close: Korea Comprehensive Engineering (한국종합기술, 023350, KOSPI) cancelled the Gyeongju Nasan Energy waste-to-oil construction award — face ₩31.0bn VAT-ex (~7.77% of 2024 sales / ~79% of ~₩39.4bn mcap). CP Nasan Energy asked to cancel after PF financing failed to close; the Sep 2025 award was conditional on PF and never took effect. Cash close ≈₩3,600 (−2.44%) is pre-stamp. Direction DOWN — headline removes contingent backlog on a thin engineer. Magnitude 1–3%: refuse 3–8%/8%+ face/mcap trap (never-effective conditional, no cash write-off). Probability ≈28%: after-close → next-open leftover; substance softer than the ₩31bn title.
BN vs HL (Korea pair)
Live marks pulled 07:42 HKT Thu (BN via www.binance.com/fapi/v1 — fapi.binance.com geo-blocked; HL api.hyperliquid.xyz/info metaAndAssetCtxs default + dex=xyz; fundingHistory 24h majors + xyz). Research series, paper only.
| Pair | BN−HL (bp) | BN lastFR | HL funding/hr | HL 24h sum | mark vs index/oracle bp (BN / HL) |
|---|---|---|---|---|---|
| BTCUSDT / BTC | +0.83 | 8.5400e-06 | -1.4028e-06 | +2.239e-04 | -4.48 / -5.81 |
| ETHUSDT / ETH | -0.58 | 1.3820e-05 | 1.2500e-05 | +3.000e-04 | -4.26 / -3.63 |
| SOLUSDT / SOL | -2.23 | 6.1400e-05 | 1.2500e-05 | +2.791e-04 | -5.83 / -3.50 |
| SKHYUSDT / xyz:SKHY | +10.93 | -2.7110e-05 | 6.2500e-06 | +1.336e-05 | +9.86 / +1.42 |
| SKHYNIXUSDT / xyz:SKHX | +12.10 | -3.6430e-05 | 7.6916e-05 | +1.111e-04 | +15.10 / +21.84 |
Marks: BN SKHY 141.20 / HL 141.05; BN SKHYNIX 960.20 / HL SKHX 959.04. SKHY/SKHX BN−HL spreads +10.9 / +12.1 bp. Last BN prints: SKHYUSDT Wed 16:00 +0.00e+00 · Thu 00:00 +0.00e+00; SKHYNIXUSDT Thu 00:00 -5.08e-05 · Thu 04:00 +0.00e+00. HL 24h: xyz:SKHY +1.34e-05, xyz:SKHX +1.11e-04. HL SKHY mark +1.4 bp / SKHX +21.8 bp vs oracle.
Next funding: Binance next print 08:00 HKT (00 UTC) relative to this 07:42 snap; Hyperliquid hourly. No HL SKHYNIX — hedge is xyz:SKHX.
Estimated carry (per 8h at live rates; BN 4h×2 for SKHYNIX; HL×8): BTC ≈ 0.20 bp |diff| · ETH ≈ 0.86 bp |diff| · SOL ≈ 0.39 bp |diff| · SKHY ≈ 0.77 bp |diff| · SKHYNIX ≈ 6.52 bp |diff|. Snapshot only — fees/inventory/liquidation can erase it. Paper only; no live orders.
SK Hynix map
Korea line
000660 / SKHYNIX / xyz:SKHX
Wed 21 Oct official close ₩1,294,000 (+71,000 / +5.81%) (Yahoo/Naver/KIND) vs Tue ₩1,223,000. Integrated (not official): ₩1,288,000. Wed dealTrend: foreign +150,127, inst −16,885, indiv −569,645; foreign own 48.79%. Thu PREOPEN ~₩1,275,000 (−1.47%) / NXT alt prints not cash. Shorts/program: not sourced (data.krx blocked). Q3 IR Tue 28 Oct 09:00 KST (`20261014800385`). No new 000660 DART.
ADR / FX / premium
SKHY / xyz:SKHY
SKHY Wed RTH $143.25 (+2.48%) vs Tue $139.79. Hana FX Wed 1,327.50. Same-session premium Wed ~+46.96% (143.25 × 10 × 1,327.50 / 1,294,000 − 1). Yonhap 15:30 FX 1,325.20 → ~+46.7%.
Pre-open read (arithmetic): BN SKHYNIXUSDT mark 960.20 (07:42 HKT) vs Wed cash USD $974.76 → perp -1.49%. BN SKHYUSDT 141.20 vs Wed ADR $143.25 → -1.43%. HL SKHY/SKHX mark−oracle +1.4 / +21.8 bp.
Paper Seoul rule: NO. Leg A Wed +5.81% fails (needs ≤ −8%); Leg B premium ~+47.0% passes (needs ≥ +40%). Research flag only — paper only; no SKHY short / no xyz perps / no live.
Context: Wed cash bounce on SpaceX/SMCI AI prints after Tue −4.23%. Overnight X: Jukan Micron 3D DRAM/zHBM; Zephyr 2030 framing. DART/KIND: no 000660 filing after IR notice. Related perps: BN SKHYUSDT / SKHYNIXUSDT; HL xyz:SKHY / xyz:SKHX only (no HL SKHYNIX).