ANALYSIS: ARBITRAGE OPPORTUNITIES FOR SK HERCULES AMERICAN AND KOREAN STOCK PRICES LITRES WEN

FOREIGN MEDIA ANALYSIS REPORTS THAT IN LARGE IPOS, IPO PRICES ARE USUALLY REDUCED TO ATTRACT INVESTORS. SK HERCULES, HOWEVER, SUCCESSFULLY COMPLETED HIS RELEASE AT A PRICE ABOVE FACE VALUE. THE ANALYSIS CONCLUDED THAT THIS WAS DUE TO THE HIGH LEVEL OF RECOGNITION IN GLOBAL FINANCIAL MARKETS OF THE COMPANY ' S LEADING POSITION IN HBM AND THE NEXT GENERATION OF REPOSITORIES, WHICH RESULTED IN OVERSUBSCRIBEMENT. THE 40 TRILLION WON RAISED THIS TIME WILL BE FULLY USED TO DRIVE THE EXPANSION OF COMPANIES IN THE GLOBAL AREA OF ARTIFICIAL INTELLIGENCE. MOST OF THE FUNDS WILL BE USED FOR THE CONSTRUCTION OF STATE-OF-THE-ART CONTAINMENT PRODUCTION BASES IN INDIANA, UNITED STATES, AND FOR THE DEVELOPMENT OF THE NEXT GENERATION OF ARTIFICIAL INTELLIGENT STORAGE SEMICONDUCTORS. AS THE US DOLLAR ADR PRICE IS HIGHER THAN THE PRICE OF ORDINARY SOUTH KOREAN EQUITIES IN THE CONTEXT OF HIGH EXCHANGE RATES, THIS IS EXPECTED TO PUT AN UPWARD PRESSURE ON SK HERCULES ' SHARE PRICES IN THE KOSPI MARKET IN THE SHORT TERM. THE ANALYSTS ALSO INDICATED THAT THE SYNCHRONIZATION OF STOCK PRICES COULD BECOME MORE EVIDENT AS ARBITRAGE BETWEEN THE UNITED STATES AND KOREAN STOCK MARKETS INCREASED. KIM XIAN