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SK Group Chairman Recommends Long-Term Holding Over Frequent Trading Amid SK Hynix Stock Plunge on July 17

2026-07-17 09:29:34

SK Hynix-11.52%

According to BlockBeats, SK Group Chairman Choi Tae-won responded to SK Hynix's stock plunge on July 17, advising investors to avoid frequent trading and instead maintain long-term positions for better asset preservation. While acknowledging the difficulty in predicting next month's stock movements, Choi noted that AI-driven memory demand will likely expand exponentially as the industry matures. He added that sharp price declines following rapid gains are normal market corrections reflecting changing expectations.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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