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US equities desk, V-shaped recovery and buyback framing

관점별 · 1 시각 이번 호 전체

Benzinga reported a sharp V-shaped recovery in Korean markets after the circuit breaker: Samsung announced an approximately 90 trillion won ($58.6 billion) share buyback programme, while SK Hynix accelerated a $26 billion US ADR offering. Both moves were interpreted as co-ordinated corporate stabilisation efforts following the session's worst intraday drop.

“Samsung announced a $58.6B share buyback and SK Hynix accelerated a $26B US ADR offering, driving a V-shaped recovery after the circuit-breaker halt.”