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Lenders discuss bailout

Hynix Semiconductor Inc shares surged by their daily limit after Yonhap news agency said Deutsche Bank AG advised creditors of the world's third-largest memory chipmaker to bail it out rather than sell or liquidate it. Deutsche, which was hired by creditors to review their options, concluded that finding a buyer for Hynix is too difficult as chip companies have their second year of losses, the report said. Korea Exchange Bank, which has led efforts to keep Hynix in business, denied the report and said in a faxed statement it hasn't received any recommendations yet.

The shares, the fifth-most traded stock by value on the KOSPI index, rose by their 15 percent daily limit.

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