💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
SK Hynix System IC Wuxi Company increases capital to $1.4 billion and undergoes equity restructuring
According to Tianyancha, recently, SK Hynix System IC (Wuxi) Co., Ltd. underwent a business change, and the company name was changed to SK Hynix System IC (Wuxi) Co., Ltd., with the registered capital increasing from approximately $635 million to $1.4 billion.
The company was established in August 2018, with the legal representative being Shin Heetae. Its business scope includes the production and sale of imported and exported integrated circuits, electronic components, and related product parts, as well as providing related technical services. Shareholder information shows that the company is jointly held by SK Hynix System IC Inc., Wuxi Industrial Development Group Co., Ltd., Ningbo Gaoyi Phase III Venture Capital Partnership (Limited Partnership), and Wuxi Gaoyi Haisheng Investment Partnership (Limited Partnership).