Carrot
October 24, 2026
📊 SK hynix shelves Solidigm listing plan, and attention shifts to shareholder returns - 2026.10.24
Hi, it’s Carrot 🥕 Today’s story revolves around one thing: shelving Solidigm’s listing. The key news is that on the 23rd, SK hynix dropped plans to raise pre-IPO investment for and pursue an IPO of its U.S. subsidiary Solidigm [3].
Why shelve the listing? First, the company’s explanation 🎯
The company said it took capital market conditions and semiconductor stock price trends into consideration [1]. But it doesn’t look like the explanation ends the story. Shareholder opposition continues, and financial authorities keep warning about duplicate listings, so there’s still room for the situation to shift again [1]. Wow, this is really not an easy structure to sort out.
How did the chart react? 📊
Let’s start with the chart. The closing price on October 23 was ₩1,263,000, with a change of +2.35%. The day before, October 22, it was ₩1,234,000, down -4.19%. The stock fell early in the session and then recovered, meaning its direction changed several times within a single day. There’s a recent low of ₩1,171,000 (October 23), and I’d like to treat this area as the bottom of the trading range. I usually look at both the top and bottom of the range. The numbers show that volatility is definitely high.
Attention shifts to shareholder returns, but questions remain 💡
According to reports, the debate over a duplicate listing has been put on hold for now, and market attention is shifting toward shareholder returns [2]. An opinion column argued that SK hynix should respond to shareholders’ demands [3]. Here’s the one question I want to raise: will talk of shareholder returns lead to an actual plan with concrete numbers? Nothing has been confirmed yet.
In an interview with Lee Hwa-jin, deputy general manager at Meritz Securities, filmed on October 22, they discussed whether halting the Solidigm listing would remove a negative catalyst for SK hynix and what impact it might have on semiconductor stocks overall [5]. They also brought up the issue of the stock plunging after Meta’s results and the talk of a sharp rise in CDS [5]. This is the part I’m most curious about. Will other factors fill the space left by the removed negative catalyst, or is this just news from somewhere else? This part is seriously confusing.
We should also keep an eye on the competitive landscape. Samsung Electronics and SK hynix are competing to secure a lead in next-generation memory technology, going beyond improvements in HBM performance [4]. If this competition becomes part of how the stock is interpreted, it could open up a whole different story from the listing issue. I’ll follow up on this in the next update.
What to watch in the next round ✨
To sum up, shelving the listing has put the duplicate-listing controversy on hold, but shareholder demands, warnings from financial authorities, and the race in next-generation memory are still there [1]. No going all-in on buying, no going all-in on selling—act only if support breaks. That’s my chart rule. For this round, I think the first thing to watch is whether shareholder returns move from words to action. How will the chart react then? 🥕
📰 Reference News (4)
[Editorial] Solidigm listing shelved… Missing the right time to invest could boomerang on shareholders
네이버뉴스 · 2026.10.24
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SK hynix shelves Solidigm IPO… Market attention shifts to shareholder returns
네이버뉴스 · 2026.10.24
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[Park Jin-woo’s Retail Investor Talk] Retail investors stopped the Solidigm IPO… SK hynix should respond to shareholders
네이버뉴스 · 2026.10.24
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Samsung Electronics and SK hynix compete to secure next-generation memory technology… going beyond HBM performance improvements
네이버뉴스 · 2026.10.24
📰 View original
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