SK Hynix Bought About 20 Trillion Won of Bonds This Year
SK Hynix (KRX:000660) has invested about 20 trillion won in bonds this year as strong semiconductor earnings boosted its cash holdings, Yonhap News Agency reported on Wednesday, citing industry sources. The purchases include high-grade bonds issued by public institutions, banks, financial companies, securities firms and specialized credit finance companies, the report noted. The chipmaker has become one of the largest investors in South Korea's credit market as it deploys excess liquidity generated from record earnings, the news agency reported, citing industry sources. SK Hynix declined to comment on the matter when contacted.
SK Hynix (KRX:000660) has invested about 20 trillion won in bonds this year as strong semiconductor earnings boosted its cash holdings, Yonhap News Agency reported on Wednesday, citing industry sources.
The purchases include high-grade bonds issued by public institutions, banks, financial companies, securities firms and specialized credit finance companies, the report noted.
The chipmaker has become one of the largest investors in South Korea's credit market as it deploys excess liquidity generated from record earnings, the news agency reported, citing industry sources.
SK Hynix declined to comment on the matter when contacted.