---
symbol: "SKHX"
name: "SK Hynix"
date: 2026-08-10
change_pct: -3.625365853658533
direction: "down"
event_type: "theme_sympathy"
url: "https://perplo.app/why/SKHX/2026-08-10"
updated_at: 2026-08-10T23:06:38.882Z
---

# Why SK Hynix (SKHX) fell 3.63% on August 10, 2026

SK Hynix (SKHX) fell 3.63% on August 10, 2026 — Won nears 1,400 — Korea tech selloff on FX stress.

## What happened

The Korean won tumbled to 1,400, the sharpest move in 15 years, dragging SK Hynix and the Korea Tech cohort lower alongside broader risk-off flows.

## Why it moved

Won weakness pressures memory chip makers via currency translation and signals reduced foreign demand; SK Hynix's HBM strength is offset by macro stress in its home market and the capital flight repricing Korea equities.

## Why it matters

HBM supply tightness had buoyed SK Hynix for months, but the Korea Tech theme is now turning on currency crisis and foreign selling—the won's historic volatility overrides near-term chip upside.

## What would break the thesis

The Chongqing packaging plant optionality (mentioned in headlines) is overshadowed; watch for Bank of Korea intervention or geopolitical de-escalation to anchor the won and revive the HBM thesis.

## Sources

- [Won nears 1,400 after sharpest swings since financial crisis](https://www.koreaherald.com/article/10836205) — Korea Herald
- [SK hynix weighs options for Chongqing packaging plant](https://www.koreaherald.com/article/10835093) — Korea Herald

---

Trade SKHX perpetual futures 24/7 onchain: https://perplo.app/asset/SKHX