Due to the news of SK Group Chairman's first-time purchase of SK Hynix's stock, the price of SK Hynix futures surged nearly 3% briefly.

July 30th, according to BIT (bit.com) market data, the SK hynix futures price surged by nearly 3% briefly due to news of SK Group Chairman's first-time purchase of SK hynix stocks, currently trading at $950.

Earlier reports stated that SK Group Chairman Chey Tae-won bought 3620 shares of SK hynix, marking his first direct purchase of SK hynix stocks, increasing his holding from 0 shares to 3620 shares. Based on today's SK hynix closing price of $920, this is valued at approximately $3.33 million.