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It was a temperate, windless Friday afternoon in Seoul on October 18, 2019, but something big was moving through the ether.

A trillion-won block of shares in semiconductor manufacturing giant SK Hynix, one of South Korea’s largest listed companies, was preparing to hit the market. The block had come from global investment behemoth Capital Group and investment banks were scrambling to shore up demand, set terms and source buyers for the whale-sized trade.

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