Sunday, August 23

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Companies Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation Companies SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back Markets Europe registered one electric car in four in July, and Italy nearly halved Markets Michael Burry sold his Alibaba stake over the share sale and moved to JD.com Tech Dutch regulators fined Uber 825 million euros for letting software cut drivers off Personal Finance Home insurers earn $8.8 million a day for every day a claim is late Companies UniCredit reached 48 percent of Commerzbank, and almost nobody sold to them Crypto A Cleveland Fed paper says what people expect from crypto predicts ownership better than what they earn Companies Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation Companies SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back Markets Europe registered one electric car in four in July, and Italy nearly halved Markets Michael Burry sold his Alibaba stake over the share sale and moved to JD.com Tech Dutch regulators fined Uber 825 million euros for letting software cut drivers off Personal Finance Home insurers earn $8.8 million a day for every day a claim is late Companies UniCredit reached 48 percent of Commerzbank, and almost nobody sold to them Crypto A Cleveland Fed paper says what people expect from crypto predicts ownership better than what they earn

Topic: sk hynix

The Seoul skyline seen from Hangang Park on the Yeouido waterfront

Sunday, 8/23, 06:37 PM

SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back

The board approved cancelling 24.07 million shares, 3.3 percent of the company, in what it calls the largest treasury-share cancellation ever by a Korean listed company.
Six weeks earlier it sold stock in New York to fund fabs.

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