SK Hynix jumped 12% and Samsung Electronics gained 8.9% on Thursday, pushing South Korea’s Kospi up 6.13%. The rally didn’t begin with a chip headline. It began with the US bond market, which has skilled volatility in latest days. Not to say the extremely risky Korean markets, pushed by numerous elements associated to AI. The…
South Korea’s Kospi sank 6.45% Wednesday, from 6,869 to six,426 factors. The Korea Exchange activated a sell-side sidecar for the benchmark in response. Program buying and selling on Kospi-listed shares was suspended for 5 minutes at 9:06 a.m. native time. The halt interrupted a rebound that had lifted the index in prior classes. Chip Stocks…
A single cross-border laundering methodology has quietly turn out to be the spine of South Korea’s crypto crime wave, accounting for $6.4 billion of the $7.1 billion in unlawful crypto transactions recorded within the nation since 2021. And regardless of realizing precisely the way it works, police are struggling to cease it. The approach is…
South Korea’s monetary regulators needed to calm a risky inventory market as they cracked down on leveraged ETFs. However, they’ve made it extra chaotic as a substitute. Crackdowns on leveraged ETFs tied to Samsung Electronics and SK Hynix, which required retail buyers to submit larger money deposits, didn’t cool hypothesis. Retail cash rotated en masse…
On-chain analytics platform Lookonchain tracked a whale that turned a multi-million-dollar loss right into a $6.44 million revenue within the days main as much as and following the Korean chipmaker’s earnings. SK Hynix’s inventory had been going through a chronic and substantial downturn as urge for food cooled for AI infrastructure firms. However, a powerful…
South Korea’s KOSPI index reopened decrease on July 20, its first session since Friday’s Constitution Day vacation. The index slid as low as 6,498 factors earlier than paring some losses. The drop pushed the index greater than 25% under its June peak, assembly the brink for a technical bear market. Chip-sector jitters compounded with an…
SK Hynix shares dropped 10.95% in Seoul on July 16, reversing the earlier session’s rally. A broader Asian chip selloff additionally dragged the KOSPI into its 37th sidecar of 2026. Samsung Electronics fell 7.33% in the identical session. The KOSPI opened at 6,960.50, down 4.45%, and losses deepened to an early morning low of 6,753….
South Korea’s largest single-stock leveraged ETF has misplaced almost half its worth in simply weeks, turning a red-hot chip rally into one of many market’s sharpest reversals. The Samsung KODEX SK Hynix Single Stock Leverage fund, the most important of greater than a dozen comparable merchandise, has dropped about 45% since its late-May debut, Bloomberg-compiled…
South Korea’s KOSPI peaked at 7,539 on Thursday, July 9, a acquire of almost 4% from Wednesday’s shut of seven,246.79. The rebound pulls the benchmark again above the brink that confirmed a bear market only a day earlier. Wednesday’s Plunge Set the Bear Market Trigger The rebound follows a brutal Wednesday session. The KOSPI fell…
South Korea’s Kospi index jumped as a lot as 2.7 p.c Monday. The tech-led rebound got here as Samsung Electronics and SK Hynix superior forward of carefully watched earnings. The index briefly traded above 8,300 factors earlier than easing barely in the direction of the 8,150 mark. Japan’s Nikkei 225 additionally broke above 70,000 factors….