O Que É $HACHI

On August 19, South Korean Meritz Securities analyst Kim Sun-woo stated that SK Hynix announced its shareholder return plan after market hours on August 19, revealing a plan to repurchase and cancel 40 trillion won of its own shares within three months. This announcement came earlier than the company's previously stated plan to disclose it 'within the third quarter,' leading Kim Sun-woo to believe that the market may perceive the timing itself as exceeding expectations. SK Hynix indicated that the decision for a large-scale repurchase and cancellation was made because the company believes its current stock price does not adequately reflect its business competitiveness and cash generation ability. Additionally, the company plans to announce a new basic dividend and special dividend policy at the end of October during its third-quarter earnings presentation. Furthermore, SK Hynix has raised its shareholder return scale from the previous 'up to 50% of free cash flow (FCF)' to 'over 50% of FCF,' and plans to introduce a capital reduction dividend policy next year. Meritz Securities estimates that SK Hynix's FCF could reach 250 trillion to 300 trillion won by 2027, which would imply potential shareholder returns of 125 trillion to 150 trillion won (approximately 89.9 billion to 107.9 billion USD). This plan exceeds expectations in terms of timing, management's recognition of undervaluation, and subsequent policy expectations, and it is anticipated that the company will focus on completing the share repurchase within the next three months to boost stock performance.

On August 19, Kim Sun-woo, an analyst at South Korea's Meritz Securities, stated that SK Hynix announced its shareholder return plan after market hours on August 19, revealing plans to repurchase and cancel 40 trillion won of its own shares within three months. This announcement came earlier than the company's previously stated plan to disclose it 'within the third quarter,' leading Kim Sun-woo to believe that the market may view the timing itself as exceeding expectations. SK Hynix indicated that the decision for a large-scale repurchase and cancellation was made because the company believes that its current stock price does not adequately reflect its business competitiveness and cash-generating ability. Additionally, the company plans to announce a new base dividend and special dividend policy at the end of October during its third-quarter earnings presentation. Furthermore, SK Hynix has raised its shareholder return scale from 'within 50% of free cash flow (FCF)' to 'above 50% of FCF' and plans to introduce a capital reduction dividend policy next year. Meritz Securities projects that SK Hynix's FCF could reach between 250 trillion to 300 trillion won by 2027, which would imply potential shareholder returns of 125 trillion to 150 trillion won (approximately 89.9 billion to 107.9 billion USD). This plan exceeds expectations in terms of timing, management's recognition of undervaluation, and subsequent policy expectations, and it is anticipated that the company will focus on completing the share repurchase within the next three months to boost stock performance.

According to Beating AI news, US legal AI company Harvey has launched its first proprietary legal model, Tenet, which is based on the open-source model Kimi K3 from the dark side of the moon, specifically fine-tuned for legal reasoning. Harvey is currently valued at $11 billion, with total funding exceeding $1 billion. Previously, it primarily utilized general models from companies like OpenAI and Anthropic, marking its first venture into having its own legal model. To train Tenet, Harvey enlisted lawyers to create virtual disputes and case materials, then scored the model's legal reasoning results, using this data to further train Kimi K3. Harvey claims that Tenet has reached the level of top general models in major legal assessments while being more cost-effective. However, specific performance scores have not yet been released, and Tenet has not officially launched. In the future, Harvey also plans to enable different law firms to train their own exclusive legal models based on Tenet.