Press Enter to search · ESC to close

Crypto US Stocks

SK Hynix and Samsung Shares Rise; Gate Stock Futures Open Interest Ranks Second Globally

SK Hynix (000660) rose 4.23% to about $1,098.52 and Samsung Electronics (005930) gained 1.77% to about $170.17 on Nov. 2 as South Korean semiconductor stocks traded higher. Gate’s related stock futures ranked second globally by open interest, with SKHX at about $127 million and SAMSUNG at about $10.05 million, totaling roughly $137 million.

Original source

AI take

The striking detail is where the derivatives activity sits: Gate's combined open interest on these two names, dominated by SK Hynix, is large enough to rank second globally, which suggests offshore venues are becoming a meaningful price-discovery channel for Korean semis exposure rather than a sidelight. That matters for traders tracking the gap between local cash markets and offshore futures, and for how quickly moves in Seoul transmit abroad. Whether that concentration in a single name persists, or broadens across the sector, is the open question worth watching.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback