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229 clusters · 565 sources · 80 days · First seen 3 months ago · Last updated 1 day ago

Categories: BUSINESS · POLITICS · TECHNOLOGY

SK Hynix IPO fuels volatility, ETF clampdown

Overview

The July 2026 Nasdaq ADR debut of SK Hynix priced at $149 per ADS secured up to $7 bn in cornerstone commitments, creating a 31 % premium over Korean‑listed shares and cementing the firm’s partnership with Nvidia on high‑bandwidth memory.

Domestic officials, led by policy chief Kim Yong‑beom, defended single‑stock leveraged ETFs on Samsung Electronics and SK Hynix, while asset‑manager Baek Jae‑gyu warned they were a “time bomb” after the KOSPI fell more than 24 % in a month. Regulators responded on June 16 by raising minimum cash margins, expanding lot sizes and mandating pre‑trade education; the move was reinforced on July 19 when officials cited the ETFs as a priority for tighter oversight.

Export data released on July 21 showed a record $549 bn in shipments for the July 1‑20 period, a 52.3 % YoY rise driven by a 180.6 % surge in semiconductor exports, which now account for roughly 40 % of total trade. The surge helped lift the KOSPI more than 5 % on July 22, reclaiming the 7,100 level and triggering a five‑minute “side‑car” halt as program trading accelerated. Foreign investors net‑bought about 1.8 trillion won, while institutional and retail participants largely sold to lock in gains.

SK Hynix’s secondary Nasdaq listing raised roughly $26.5 bn, earmarked for a new Yongin fab, advanced packaging in Cheongju and EUV lithography to expand DRAM and HBM capacity. The proceeds underscore the firm’s reliance on U.S. AI‑infrastructure demand, with half of its revenue now sourced from the United States.

Global markets echoed the Korean rally: on August 21 SK Hynix ADRs jumped 13.8 % to $171.93 as U.S. indexes rose on a broader semiconductor surge, while oil prices hit five‑week highs and investors awaited big‑tech earnings.

Timeline

1 day ago

[BUSINESS] 3 sources
SK Hynix ADR jumps 14% as US markets rally on semiconductor gains
US stocks rose on a semiconductor rally, with SK Hynix ADR up about 14% and major indices posting gains; oil prices hit five‑week highs ahead of big‑tech earnings.
2 days ago

[BUSINESS] 9 sources
SK Hynix Raises $26.5 B in US IPO, Expands AI Memory Production
SK Hynix’s $26.5 billion Nasdaq debut funds new fabs, EUV lithography and advanced packaging as it leads the AI high‑bandwidth memory market, now earning 65% of revenue from the US amid a global chip shortage.
2 days ago

[BUSINESS] 18 sources
South Korea's KOSPI rallies on semiconductor surge and foreign buying
South Korea’s KOSPI surged over 5 % on strong semiconductor gains, heavy foreign buying and multiple sidecar trading halts, reflecting AI demand and export growth.
2 days ago

[BUSINESS] 16 sources
AI‑Driven Memory Chip Surge Powers Global Stock Gains
AI‑focused memory chips lift Korean, Taiwan and US equities; a new KOSPI‑50 ETF highlights SK Hynix and Samsung, while US indices dip on oil‑driven inflation fears and Citi replaces the “Magnificent Seven” with
2 days ago

[BUSINESS] 2 sources
South Korea's KOSDAQ market slides despite new government support measures
KOSDAQ fell 2% as trading volume dropped 30%; new government reforms target funding and delisting rules, but analysts doubt their impact amid concentrated large‑cap buying.
2 days ago

[BUSINESS] 9 sources
South Korea Q2 GDP Grows 0.6% on Strong Chip Exports
South Korea's Q2 real GDP rose 0.6% QoQ, beating BOK forecasts, as chip exports surged to a record $44.8 bn, pushing total shipments above $102 bn.
4 days ago

[BUSINESS] 2 sources
Samsung Electronics and SK Hynix dominate Naver finance searches as Korean market shows mixed moves
Naver Finance searches placed Samsung Electronics and SK Hynix first on May 20‑21, with the former rallying on May 21 and falling on May 20, while broader Korean market showed mixed gains and declines across a‑
4 days ago

[POLITICS] 2 sources
Yoo Seung-min urges parliamentary probe of Samsung‑Hynix leverage ETF scandal
Former lawmaker Yoo Seung‑min blames the Blue House for the Samsung‑Hynix leverage ETF issue and calls for an immediate parliamentary investigation, also questioning the National Pension Service’s role.
4 days ago

[BUSINESS] 3 sources
South Korea’s Single‑Stock Leveraged ETFs Under Scrutiny
South Korean officials and asset managers clash over single‑stock leveraged ETFs, with the government urging stricter controls while industry insiders argue their market impact is limited.
4 days ago

[POLITICS] 4 sources
South Korean Policy Chief Kim Yong-beom Defends Samsung‑SK Hynix Leverage ETF Amid Opposition
Kim Yong-beom says delisting Samsung‑SK Hynix leveraged ETFs is unlikely, as the government proposes tighter rules. Opposition parties demand his resignation and a special probe, citing policy failure and abuse
4 days ago

[BUSINESS] 5 sources
SK Hynix Nasdaq ADR Listing Secures $7 bn Cornerstone Investment
SK Hynix’s Nasdaq ADR priced at $149 on 9 July 2026, attracting $7 bn of cornerstone interest and creating a ~31 % premium over Korean shares, while highlighting its Nvidia AI memory partnership.
5 days ago

[BUSINESS] 2 sources
South Korea retail investors keep buying as investor deposits fall sharply
South Korean retail investors net‑bought 145 trillion won despite a 21% drop in investor deposits, offsetting a 191 trillion won foreign sell‑off; analysts say the deposit decline reflects buying, not exit.
5 days ago

[BUSINESS] 4 sources
South Korea per‑capita GDP poised to exceed $40,000 as semiconductor boom lifts economy
South Korea's 2024 per‑capita GDP is projected at $39,164, potentially topping $40,000 if the won drops below 1,456 per dollar, while Taiwan is forecast to exceed $45,600, widening the gap between the two chip‑
5 days ago

[TECHNOLOGY] 2 sources
South Korean firms expand physical AI robotics for farms and industry
South Korean firms Permit and Beyond Robotics unveiled a fully autonomous vertical farm system, while Megazone and Tesolo partnered to advance physical AI education and industrial automation.
5 days ago

[TECHNOLOGY] 7 sources
Choi Tae‑won pushes for worldwide build‑out of new semiconductor fabs
Choi Tae‑won says SK is seeking global sites for new semiconductor fabs, citing a 60‑100 % AI‑driven demand surge and urging fast capacity growth while reforming performance‑bonus policies.
6 days ago

[BUSINESS] 13 sources
SK Hynix memory chip shortage fuels global market volatility
SK Hynix warns the AI‑driven memory chip shortage will last beyond 2030, fueling price hikes, stock rallies, and global investor focus on the Korean market.
6 days ago

[BUSINESS] 4 sources
Bank of Korea raises policy rate to 2.75%, sparking KOSPI sell‑off
South Korea’s central bank raised its policy rate to 2.75% – first hike since 2023 – amid inflation and won pressure, sending the KOSPI down over 6% and hitting chip stocks.
7 days ago

[BUSINESS] 2 sources
Asian stock markets slump amid tech and geopolitical tensions
Asian stocks tumble as Wall Street correction and tech‑sector pressure hit Taiwan, Japan, China, Hong Kong and South Korea, amid rising geopolitical risks.
7 days ago

[BUSINESS] 5 sources
South Korean leaders stress AI, semiconductor and regional growth at Jeju industry forum
At the Jeju Forum, Korea’s trade minister and SK Group chair warned that the semiconductor boom won’t lift the whole economy, named AI, regional development and ecosystem as key priorities, and urged investment
8 days ago

[BUSINESS] 22 sources
South Korea bans new single‑stock leveraged ETFs amid market turbulence
South Korea halted new Samsung‑ and SK Hynix‑linked leveraged ETFs, raised cash‑margin and lot‑size rules, and tightened tracking‑error limits after they amplified KOSPI swings and sparked market‑stability anx
8 days ago

[TECHNOLOGY] 2 sources
South Korea pushes AI-driven manufacturing and agriculture reforms
South Korea unveils a Manufacturing AI 2030 roadmap and showcases AI‑driven agri‑food innovations at AFPRO 2026, highlighting a nationwide push for physical AI across industry.
9 days ago

[BUSINESS] 2 sources
Samsung Chair Lee Jae-yong's Stock Value Surges as KOSPI Rally Fuels Korean Conglomerate Gains
Samsung chair Lee Jae‑yong's stock value jumped to 59.1 trillion won as KOSPI rallied, with other chaebol leaders also seeing gains amid AI‑driven semiconductor boom.
9 days ago

[BUSINESS] 43 sources
Bank of Korea lifts rate to 2.75% amid inflation, won slump
The Bank of Korea raised its benchmark rate to 2.75%—first hike since 2023—to tackle 3.2% inflation and a weakening won, sparking a 6% drop in the Kospi and prompting expectations of further tightening.
9 days ago

[BUSINESS] 12 sources
South Korea's KOSPI plunges amid chipmaker sell‑off
KOSPI fell over 6% on July 16, led by 8‑9% Samsung and 11% SK Hynix drops; foreign and institutional selling triggered market‑wide sidecars after a prior rally, reflecting US chip weakness and regional tensions
9 days ago

[BUSINESS] 3 sources
Korea's Financial Investment Association raises minimum deposit for leveraged ETFs
Korea's Financial Investment Association and ten securities CEOs will raise the minimum cash deposit for single‑stock leveraged ETFs and tighten investor education to curb retail losses amid KOSPI volatility.
9 days ago

[BUSINESS] 8 sources
Samsung Electronics explores issuing US ADRs
Samsung Electronics is preliminarily discussing a US ADR offering, amid revived interest after SK Hynix’s Nasdaq debut, but has not decided to proceed.
9 days ago

[POLITICS] 4 sources
South Korean President Lee Jae‑myung backs higher tax on ultra‑luxury homes
President Lee Jae‑myung used a YouTube poll during a cabinet meeting to gauge support for higher taxes on ultra‑luxury homes, with ~90% backing the move and the tax threshold likely set around 40‑50 billion won
9 days ago

[BUSINESS] 2 sources
SK Hynix ADR premium hits 51% within three days of US listing
SK Hynix ADRs jumped to a 51% premium after a Nasdaq debut, boosted by leveraged ETFs and options, while law firm Sejong handled the legal work for the cross‑border listing.
10 days ago

[BUSINESS] 2 sources
Samsung Electronics union pushes to negotiate Gwangju mega‑fab project under new labor law
Samsung Electronics' Chogijeop union will include the Gwangju mega‑fab in upcoming bargaining, invoking the Yellow Envelope Act, after 84% member opposition and management’s expressed concerns.
10 days ago

[POLITICS] 2 sources
South Korea mandates reporting of rental management and option fees
South Korea will require landlords to report management and option fees in lease filings, expand local authority over rent hikes, allow tenant audit requests, and lower minor‑violation fines.
11 days ago

[BUSINESS] 28 sources
South Korea's KOSPI plunges into bear market amid leveraged ETF turmoil
South Korea’s KOSPI entered a bear market, down ~25% from its peak, amid a steep fall in Samsung and SK Hynix stocks and a collapse of leveraged ETFs tied to them.
11 days ago

[POLITICS] 2 sources
South Korea launches national real‑estate debate on taxes, supply and rentals
South Korea held multi‑day public talks and a presidential debate on July 23 to overhaul housing taxes, supply targets and rental‑market rules amid growing public scepticism.
11 days ago

[POLITICS] 3 sources
South Korea to raise taxes on ultra‑high‑price and non‑resident homes
South Korea plans to hike taxes on ultra‑high‑price and non‑resident homes and refocus capital‑gains deductions toward primary residences, amid a rise in Seoul apartments above 15 billion won.
11 days ago

[BUSINESS] 24 sources
South Korea lifts 2026 growth forecast to 3% and unveils record 2027 budget amid AI chip boom
South Korea raised its 2026 growth forecast to 3 % and announced a record 2027 budget over 800 trillion won, funded by AI‑chip tax gains and earmarked for mega‑projects, while exports hit historic highs and FX‑
11 days ago

[POLITICS] 2 sources
Seoul Mayor Oh Se-hoon warns real estate debate may become a tax‑burden showdown
Seoul Mayor Oh Se‑hoon urged that the President‑led real‑estate debate focus on housing supply and rent stability, warning it could otherwise devolve into a debate over tax burdens.
13 days ago

[BUSINESS] 9 sources
South Korea's Kospi hits record highs as valuations hit historic lows
South Korea’s Kospi climbs 80% to record highs while forward PE falls to 6.4×, the lowest since the 2008 crisis, fueled by Samsung and SK Hynix memory‑chip earnings. Analysts debate whether the discount offers
14 days ago

[BUSINESS] 17 sources
South Korea's KOSPI Plummets Amid Middle East Tensions and Chip Stock Selloff
KOSPI dropped over 5% on July 13, led by SK Hynix and Samsung, as US‑Iran tensions and AI chip valuation doubts triggered a trading curb and circuit‑breaker in South Korea.
14 days ago

[BUSINESS] 2 sources
South Korea moves to tighten rules on leveraged ETFs after market turmoil
South Korea's leveraged ETFs on Samsung and SK Hynix caused sharp market volatility and a KOSPI circuit‑breaker, prompting regulators to consider stricter investor rules and lower leverage limits.
14 days ago

[BUSINESS] 2 sources
South Korea leads 2024 market gains as US stocks open mixed
South Korea’s market surged to its best 2024 gain, while US stocks opened mixed and US banks posted record China profits.
15 days ago

[BUSINESS] 166 sources
SK Hynix raises $26.5 bn in record U.S. IPO, shares jump 13% on debut
SK Hynix raised $26.5 bn in a record U.S. IPO, the biggest foreign listing, with shares jumping about 13% on debut; proceeds will fund new AI‑memory fabs in South Korea.
15 days ago

[BUSINESS] 2 sources
South Korea rolls out AI‑based early‑warning for 250,000 SMEs, adds steel sector aid
South Korea expands AI‑based early‑warning to 250,000 SMEs and launches new steel‑sector crisis aid, including R&D funding and import controls.
16 days ago

[BUSINESS] 7 sources
South Korea's semiconductor boom fuels record surplus and spurs rate‑hike signal
South Korea’s AI‑chip surge powers Samsung’s $51 bn profit, a record $386 bn current‑account surplus and prompts the Bank of Korea to raise rates to 2.75 %.
16 days ago

[BUSINESS] 2 sources
Foreign investors dump record Korean stocks as locals ramp up leveraged chip bets
Foreign investors sold a record 46 trillion won of Korean stocks in May, weakening the won, while locals surged leveraged buying of Samsung and SK Hynix as foreigners expanded short‑selling, boosting market vol
16 days ago

[TECHNOLOGY] 2 sources
South Korea's Gyeongbuk, Gyeonggi Provinces Secure Funding for On-Device AI Projects
South Korea's Gyeongbuk secured 106 bn won for on‑device AI traffic and logistics pilots, while Gyeonggi obtained up to 98 bn won to build an AI‑driven fire‑safety network for industrial and logistics sites.
16 days ago

[BUSINESS] 18 sources
South Korea's KOSPI plunges over 5% amid AI‑chip worries and circuit‑breaker halt
KOSPI tumbled over 5 % amid AI‑chip doubts, foreign selling and a circuit‑breaker trigger; regulators are eyeing curbs on leveraged ETFs tied to Samsung and SK Hynix.
17 days ago

[BUSINESS] 4 sources
Samsung shares slide 7% and BE Semiconductor drops 8% on sector concerns
Samsung Electronics posted record earnings but its shares fell over 7%, while BE Semiconductor Industries dropped about 8% after news that SK Hynix and Samsung may delay hybrid‑bonding adoption, prompting voter
17 days ago

[BUSINESS] 13 sources
Magnificent Seven lose edge as AI funds shift to memory chips
Investors are moving from the Magnificent Seven and chip makers to memory‑chip ETFs and hyperscalers as AI‑driven valuations unwind and semiconductor stocks slump.
17 days ago

[BUSINESS] 9 sources
AI Infrastructure and Memory Chip Stocks Power Global Market Rally
AI infrastructure and memory‑chip stocks are driving a global market rally, boosting emerging markets and prompting warnings of over‑heated AI‑focused momentum.
17 days ago

[BUSINESS] 3 sources
European stock markets slide amid semiconductor rotation, Easyjet shares jump
European equities fell as semiconductor stocks retreated and Easyjet jumped 10% after a revised capital raise; investors watch US ISM data and Fed rate outlook.
17 days ago

[BUSINESS] 2 sources
Samsung workers protest bonus gap between semiconductor and non‑chip staff
Samsung union leader secured record bonuses for semiconductor staff, but non‑chip workers received far smaller sums, prompting protests and a planned DX‑department rally in Pyeongtaek.
17 days ago

[BUSINESS] 2 sources
KB Asset Management's Samsung‑SK Hynix Fund Surpasses 1 trillion won
KB Asset Management's mixed‑asset fund targeting Samsung and SK Hynix hit 1 trillion won in assets within a month, combining 25% stakes in each tech leader with high‑grade bonds for pension investors.
18 days ago

[BUSINESS] 36 sources
SK Hynix launches $28 billion Nasdaq ADR offering as AI demand surges
SK Hynix is raising $28 billion via a Nasdaq ADR offering, oversubscribed with $7 billion demand, to fund AI‑driven HBM chip capacity and new factories.
18 days ago

[BUSINESS] 11 sources
South Korea weighs delisting Samsung and SK Hynix leveraged ETFs
South Korean lawmakers and regulators are considering delisting leveraged ETFs tied to Samsung and SK Hynix amid warnings of market volatility, heavy retail exposure, and growing investor losses.
18 days ago

[BUSINESS] 25 sources
South Korea's KOSPI crashes 8% triggering circuit breakers amid chip‑stock sell‑off
KOSPI plunged 8% on July 7‑8 2026, triggering circuit breakers as Samsung and SK Hynix fell after record Q2 profits, sparking global tech market pull‑backs and prompting Korean regulators to monitor chip‑stock‑
18 days ago

[BUSINESS] 7 sources
South Korean won slides nearly 6% as foreign investors dump equities
The won fell nearly 6% against the dollar in 2026 while foreign investors sold about 156 trillion won of Korean stocks, heightening market and currency concerns.
20 days ago

[BUSINESS] 2 sources
SK Hynix and Samsung Shares Swing Over 20% Amid Investor Frenzy
SK Hynix and Samsung shares surged then plunged over 20% amid volatile trading, with influencer Mi‑ja’s SK Hynix loss sparking online backlash; leveraged ETFs worsened swings.
20 days ago

[BUSINESS] 6 sources
SK Hynix launches $28‑$29 B US Nasdaq ADR listing
SK Hynix will raise $28‑$29 B via a Nasdaq ADR listing on July 10, the biggest foreign U.S. share sale, to fund new AI‑focused memory chip capacity and close the Korea discount.
20 days ago

[BUSINESS] 2 sources
Asian stock markets rally after Dow Jones hits record
Asian stock indexes rose after the Dow Jones set a record, with gains in South Korea, Japan, Hong Kong and Australia; AI‑related chips mixed, and US job data missed forecasts, easing inflation concerns.
20 days ago

[BUSINESS] 3 sources
Asian equities surge after Dow Jones record high, Kospi jumps 5%
Asian stock indexes rallied, led by South Korea's Kospi (+5.4%) and Japan's Nikkei (+1.4%), after a Wall Street tech sell‑off and a Dow Jones record high, while US markets were closed for Independence Day.
20 days ago

[BUSINESS] 2 sources
South Korea's KOSPI swings 7% on leveraged‑ETF selloff, triggering sidecar trading halt
KOSPI fell 7% on July 3 after a ₩2.8 trillion institutional sell‑off tied to leveraged‑ETF rebalancing, then rebounded >5% triggering a sidecar trading halt; Samsung and SK Hynix led gains.
21 days ago

[BUSINESS] 3 sources
South Korea warns won misalignment, discusses currency coordination with Japan
South Korea’s Huh Chang says the won is misaligned, signals readiness to act and stresses coordination with Japan and allies amid low‑won and yen levels.
21 days ago

[BUSINESS] 8 sources
Asian stock markets tumble on chip selloff amid AI concerns
Asian equities fell as chip stocks slumped on AI oversupply fears, with KOSPI down 5‑6% and Nikkei off 1½%, amid softer U.S. jobs data and falling oil prices.
21 days ago

[BUSINESS] 2 sources
South Korean President backs 392‑trillion‑won Chungcheong tech investment
South Korean President announced a 392 trillion‑won investment by Samsung, SK Hynix and Celltrion in the Chungcheong region, pledging government support and infrastructure to boost semiconductors, displays and
21 days ago

[BUSINESS] 3 sources
Samsung and SK Hynix fuel volatile swings in South Korea's KOSPI
Samsung and SK Hynix triggered a sharp drop in South Korea's KOSPI on July 2, then a rebound on July 3 as AI‑chip optimism lifted the index.
22 days ago

[BUSINESS] 2 sources
South Korea’s foreign reserves rise while June consumer inflation hits 3.2%
South Korea’s foreign reserves rose to $4.273 billion in June, while consumer prices rose 3.2% year‑on‑year, driven by higher oil prices.
22 days ago

[POLITICS] 2 sources
South Korean President Lee Jae‑myung unveils three nationwide mega projects
President Lee Jae‑myung announced three nationwide mega projects to boost Korea’s 4IR leadership and, in a lunch with ex‑president Moon, credited past renewable‑energy work as their foundation.
22 days ago

[BUSINESS] 2 sources
KOSDAQ shows mixed swing: semiconductor equipment shares jump, battery stocks fall
KOSDAQ saw semiconductor equipment stocks surge (e.g., Juseong Engineering +19%) while battery makers fell (EcoPro –10%), with mixed trading activity across top‑cap shares.
22 days ago

[BUSINESS] 35 sources
Samsung and SK Hynix shares plunge amid AI chip sell‑off across Asian markets
Samsung and SK Hynix tumble over 7% as AI chip sell‑off drags Asian markets down and US jobs data cools Fed rate hopes.
22 days ago

[BUSINESS] 2 sources
Malaysia and South Korea AI Chip Exports Surge
AI semiconductor demand fuels a 39.5% export rise in Malaysia and a 70.9% surge in South Korean exports, pushing both nations to record trade figures amid profit‑taking in equities.
22 days ago

[BUSINESS] 2 sources
Samsung Electronics Union Demands Tripartite Talks Over Mega Project Plans
Samsung Electronics’ union reports 37% of DS workers may quit and urges a tripartite council with government and management to discuss the 2,655‑trillion‑won mega project and improve worker conditions.
22 days ago

[BUSINESS] 4 sources
South Korea’s June exports top $1 trillion, driven by semiconductor surge
South Korea’s June exports hit a provisional $1.02 trillion, up 71% YoY, with semiconductor sales over $40 billion and a record $361.5 billion trade surplus, though domestic firms face lingering challenges.
22 days ago

[BUSINESS] 2 sources
South Korea launches $1.3B renewable platform and studies faster nuclear plant construction
South Korea rolls out a KRW 2 trillion renewable platform to power AI and semiconductor growth while the government studies speeding up nuclear plant construction to meet soaring electricity demand.
22 days ago

[TECHNOLOGY] 2 sources
South Korea allocates roughly $12 bn to accelerate physical AI across manufacturing and energy sectors
South Korea’s National Growth Fund will invest ~16 trillion won in physical AI across six sectors, while SK AX partners with KEPCO Technology to apply AI in power and energy operations.
22 days ago

[BUSINESS] 5 sources
South Korea's KOSPI and KOSDAQ plunge, activating sell‑side sidecars
KOSPI fell >6% and KOSDAQ >2% on June 2, triggering sell‑side sidecars as U.S. semiconductor weakness and Meta AI news hit Korean stocks, with Samsung and SK Hynix plunging.
22 days ago

[BUSINESS] 2 sources
South Korea's exports surge to record highs on AI chips and pharma growth
South Korea's June exports hit a 46‑year high, spurred by AI‑driven chip sales, while 2025 pharma exports topped $10 bn, setting new trade‑surplus records.
23 days ago

[POLITICS] 2 sources
South Korean President Lee Jae‑myung unveils $800 billion Honam chip investment and orders overhaul of overdue debt
President Lee Jae‑myung announced an 800 trillion‑won Honam chip investment, pledged government backing, and ordered the cleanup of CAMCO's long‑term overdue bonds while urging conversion of unused card points
23 days ago

[BUSINESS] 2 sources
South Korea's tax receipts near 200 trillion won as revenue surges
South Korea's tax receipts hit 199.9 trillion won Jan‑May 2024, up 27.5 trillion won YoY, driven by income and securities transaction taxes, prompting talks of a second supplementary budget.
24 days ago

[TECHNOLOGY] 43 sources
South Korea launches $576 bn AI‑chip, semiconductor and data‑center investment drive
South Korea unveiled a $576 bn programme to double memory‑chip output, build AI data‑centres and expand physical AI, led by Samsung and SK Hynix, aiming to shift high‑tech activity from Seoul to the southwest.
24 days ago

[TECHNOLOGY] 3 sources
South Korea commits $1.2 trillion investment in chips, AI data centers and robotics
South Korea pledges about $1 trillion for new chip fabs, AI data‑centres and humanoid‑robot production, targeting doubled DRAM output and major AI infrastructure by 2035.
24 days ago

[BUSINESS] 4 sources
South Korea's KOSPI falls, KOSDAQ jumps on biotech and battery stocks
South Korea's KOSPI slipped 1.2% amid heavy foreign selling, while the KOSDAQ surged 7% driven by biotech and battery stocks.
24 days ago

[BUSINESS] 3 sources
South Korea's semiconductor giants Samsung and SK Hynix dominate stock market
South Korean semiconductor stocks, led by Samsung and SK Hynix, drove a 181% index surge and now hold over 57% of KOSPI value, sparking high market volatility and limited spillover to other sectors.
24 days ago

[BUSINESS] 2 sources
South Korea's KOSDAQ slides sharply as reforms are unveiled at KOSDAQ CONNECT 2026
KOSDAQ saw a 20.8 % drop as 39 sectors turned negative; officials responded with the July 1‑3 KOSDAQ CONNECT 2026 summit unveiling stricter delisting rules, a tiered market and new growth‑fund initiatives to sp
24 days ago

[BUSINESS] 30 sources
South Korea to channel AI‑chip profits into mega chip projects and social fund
South Korea will use AI‑chip tax surplus to fund a new fund for AI, semiconductor infrastructure, housing and youth programmes, while President Lee presses ahead with three $260 bn chip megaprojects worth over
25 days ago

[BUSINESS] 8 sources
Asian equities slide as Middle East tensions and local factors press markets
Indonesia’s IHSG fell sharply in late June, Thai SET edged lower, while South Korea saw mixed moves with a KOSDAQ rally, NPS rebalancing concerns and geopolitical tension.
25 days ago

[BUSINESS] 3 sources
South Korea's Won Breaks 1,500 per Dollar Amid Large-Scale Dollar Sales
South Korea sold $136 bn of dollars in Q1, and the won’s average fell past 1,500 per dollar in Q2 – its weakest level since 1998, amid foreign investor sell‑offs and a strong dollar.
25 days ago

[POLITICS] 6 sources
South Korea President Lee announces trillion‑won semiconductor and AI mega‑projects
President Lee announced a 1,600 trillion‑won plan for semiconductor and AI projects, with Samsung and SK pledging major investments; he performed a 90‑degree bow to the chairs.
26 days ago

[BUSINESS] 6 sources
South Korea's KOSPI slides on foreign sell‑off as KOSDAQ rebounds on policy optimism
KOSPI fell >1% on foreign net selling, while KOSDAQ hit an eight‑month low then surged 6% on policy hopes; volatility spurred circuit‑breakers and new delisting rules affecting ~10% of firms.
26 days ago

[BUSINESS] 2 sources
S&P 500 Falls Amid Blue‑Chip Pullbacks and Market Weakness
The S&P 500 slipped toward a multi‑week low as blue‑chip stocks like Mastercard, McDonald’s and Pfizer fell amid bearish technical signals and macro pressures.
27 days ago

[BUSINESS] 2 sources
SK Hynix leveraged ETFs debut in US, widening semiconductor investment
Granite Shares seeks SEC approval for two leveraged ETFs (long and inverse) on SK Hynix, expanding US investor access to the AI‑chip maker amid growing demand and regulatory caution.
27 days ago

[BUSINESS] 2 sources
Tech Stocks Plunge as AI Valuations Hit Nasdaq and Korean Market
Tech stocks tumble as AI valuations push Nasdaq over 6% below its June peak and trigger a Kospi circuit‑breaker, while chip shortages hit Apple and lift Micron, and OpenAI weighs delaying its IPO.
27 days ago

[BUSINESS] 4 sources
Asian stock markets plunge amid AI investment concerns
Asian stocks tumbled Friday with South Korea’s Kospi down 6‑7% and Japan’s Nikkei off 4.5%, as AI‑related spending worries and US tech losses trigger a regional sell‑off.
27 days ago

[BUSINESS] 2 sources
South Korea's KOSPI plunges nearly 10% as Samsung and SK Hynix tumble
KOSPI fell 9.99% on 23 June 2026 as Samsung and SK Hynix each lost ~12%, triggering circuit‑breakers and highlighting the market’s chaebol concentration.
27 days ago

[TECHNOLOGY] 2 sources
Hyundai launches 2027 Elantra as SK Hynix tops Samsung in chip market
Hyundai released the 2027 Elantra, SK Hynix overtook Samsung with HBM chips, and OpenAI/Anthropic pivoted to biotech AI, alongside multiple Asian auto and tech product launches.
27 days ago

[BUSINESS] 2 sources
South Korea's semiconductor boom fuels worker stock gains and Seoul housing pressure
Korean office workers report strong stock profits, led by AI and semiconductor shares, while officials warn the semiconductor boom is driving Seoul gentrification and urge revenue‑recycling programs.
28 days ago

[BUSINESS] 2 sources
South Korea Q1 construction contracts climb 23% on semiconductor and data‑center surge
South Korea's Q1 construction contracts hit 74.1 trillion won, up 23.4% YoY, driven by private‑sector growth linked to semiconductor plants and data‑center projects.
28 days ago

[BUSINESS] 4 sources
US tech shares tumble as Apple price hikes and inflation fears pressure semiconductor stocks
Apple price hikes and US inflation data trigger a Nasdaq drop of over 1%, pulling down semiconductor stocks and spilling into European markets amid Fed rate‑hike worries.
28 days ago

[BUSINESS] 2 sources
SK Hynix launches $29 billion US ADR to fund AI memory chip expansion
SK Hynix announced a $29 billion US ADR listing to finance AI memory chip growth, sending its stock up >10 %; Korean brokers say Samsung may follow, while Kioxia also eyes an ADR.
28 days ago

[BUSINESS] 3 sources
European equities rise on tech earnings and falling oil prices
European stocks rose modestly on Thursday, spurred by Micron’s strong results and lower oil prices, while Asian markets also posted gains.
28 days ago

[BUSINESS] 2 sources
SK Hynix overtakes Samsung to become South Korea's most valuable firm and plans Nasdaq listing
SK Hynix eclipsed Samsung on South Korea's KOSPI, becoming its most valuable firm, and filed for a Nasdaq ADR listing to raise up to $29.4 billion.
28 days ago

[POLITICS] 2 sources
South Korean lawmaker Kim So-hee proposes semiconductor-level tax incentives for SMRs
South Korean lawmaker Kim So-hee proposes raising tax credits for SMR research and investment to semiconductor level to meet AI and chip power needs.

Sources

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