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Sangmi Cha

Sangmi Cha

Asia Stocks Reporter/ Stocks Reporter at Bloomberg News Online

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68
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Location
United States
Languages
  • English
Covering topics
  • Finance & Banking Services

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Recent Articles

bloomberg.com

Ligent Technologies to Debut After $727 Million in Hong Kong IPO

Computing networks maker Ligent Technologies Inc.’s shares rose in their debut on the Hong Kong stock exchange on Tuesday after the company raised HK$5.7 billion ($727 million) in a initial public offering, adding to this year’s stampede of companies capitalizing on the global artificial intelligence buildout.
bloomberg.com

Z.AI’s Cash Burn Drives Alibaba-Like Hong Kong Fundraising Spree

Z.AI Co. dashed back to Hong Kong’s equity market as soon as its last lockup expired, underscoring a cash burn rate that leaves the artificial intelligence model maker’s hunger to take advantage of any fundraising opportunity.
bloomberg.com

Korean Traders Chase 40% Coupons as Risk Appetite Survives Rout

A historic stock selloff has driven South Korea’s retail investors toward complex structured products as the risk-loving cohort continues to look for ways to boost returns.
bloomberg.com

Korean Markets Hit by Turmoil as Chip Rout Forces Trading Halts

South Korean stocks suffered a series of trading suspension on Tuesday, as a selloff in chipmakers spread across sectors.
bloomberg.com

Korea to Announce Measures on Single-Stock Leveraged ETFs Soon

South Korea will soon announce measures regarding the leveraged exchange-traded funds tied to shares of Samsung Electronics Co. and SK Hynix Inc. that have fueled a surge in market volatility.
bloomberg.com

SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout

SK Hynix Inc. erased an early plunge to climb more than 3% in Seoul on Tuesday, underscoring the extreme volatility gripping one of the world’s biggest beneficiaries of the artificial intelligence boom.
bloomberg.com

SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff

An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix Inc. American depositary shares fell 9.3%, underscoring growing investor concerns that the boom is overextended.
bloomberg.com

SK Hynix’s US Trading Debut Unleashes Wave of New Leveraged ETFs

SK Hynix Inc.’s record-setting US debut is paving the way for a fresh wave of leveraged products tied to the South Korean memory giant’s shares, bringing to Wall Street the popular bets that have amplified the stock’s volatility in Seoul.
bloomberg.com

Korean Stocks Slump 6% as Chipmakers Hit by Renewed Selloff

South Korean stocks went from euphoria to anxiety in a gut-wrenching week that exposed just how fragile the AI rally has become.
bloomberg.com

SK Hynix Jumps 12% as US Listing Plan Boosts Valuation Hopes

SK Hynix Inc. shares surged after the memory chipmaker unveiled its plan for a $29 billion US listing, a move that analysts viewed as boosting valuations through capacity expansion and greater foreign investor access.
bloomberg.com

South Korea Overtakes India as World’s Sixth-Largest Stock Market

South Korea’s equity market has overtaken India’s as the world’s sixth largest, driven by a relentless surge in chip heavyweights powering the global artificial intelligence buildout.