SK Hynix's U.S. Listing Could Support Korean Won in Near Term
Dow Jones
Jul 10
0903 GMT - The U.S. listing of SK Hynix could offer the Korean won some near-term support, Barclays analysts say in a note. Some of the support could come from hedging and ultimately conversion of part of the proceeds into won to fund domestic investments, they say. The won's rally in recent days suggests that some of the prehedging is already in the price, they add. Meanwhile, If Korean semiconductor companies fund a meaningful share of their domestic investment through the repatriation of offshore assets or overseas earnings in the future, that would create additional won demand and support the currency, the analysts say. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
July 10, 2026 05:03 ET (09:03 GMT)
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