SK Hynix Up, Meituan Rally, Fast Retailing Slips
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung Electronics Co. and SK Hynix initiating large-scale investments in memory chips, data centers and robotics.- Meituan CFO Chen Shaohui says the company is “severely undervalued” and plans to conduct share buybacks, Yicai reports, citing remarks made in annual shareholders meeting.- Japan’s retail sales rose in May for a third month, powered by strong wage gains…
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