I am quite AI-pilled and have been glued to what has been going on in the hardware and compute space recently. At the center of recent events is Korea and the portfolio blowout and liquidations have been going on. Two companies in particular are on my watchlist: SK Hynix and Samsung, the former being the one I have followed most closely. SK Hynix is listed on three separate exchanges, and there is also a proxy investment in SK Square, a holding company that holds more SK Hynix stock than its own current market cap. While some discount is justified, management has said it will try to reduce it to 30%, so if you believe they achieve that its the obvious play at the time of writing. After coming across skhypremium.com which tracks the premium of the US ADR versus the korean base shares, I was annoyed that it left out these other instruments that are just as relevant when looking at the company. That is why I decided to extend the idea with https://skhy-tracker.pages.dev/, a compact dashboard that shows them all side by side.
arbitrage opportunity or just a permanent SKHY premium?
august 4, 2026
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