Foreign ownership of Samsung Electronics fell to 46.38%, its lowest since January 2008, in the week Samsung posted a record 107 trillion won quarterly profit. The six points foreign funds sold went to domestic holders and a Samsung buyback that Yuanta Securities says has ended.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 13%
- Investor
- Investor 80%
Reality
- Evidence82
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence74
South Korea's KOSPI fell 2.62% to 6,625.93 on Oct. 8, its third straight loss. Samsung Electronics posted 107 trillion won of third-quarter operating profit, Seoul Economic Daily reported, yet about 96.6 trillion won of foreign net selling since June has left the index trailing Taiwan's.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 12%
- Investor
- Investor 81%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence70
SK hynix accounted for 12 trillion won of the 20.3 trillion won that foreign investors sold net on the KOSPI between Sept. 1 and Oct. 2. With Samsung Electronics included, two memory makers carried about 85% of it, leaving little foreign selling for the rest of the market.
Reality
- Evidence80
- Adoption
- Not scored
- Hype gap+5
- Incentives
- Not scored
- Confidence78
Korean investors favour Treasury-bill and dividend ETFs over a 3x chip fund nearly three to one
Korean investors put $477 million into two defensive US ETFs in September, nearly three times the $168 million sent to a triple-leveraged chip fund. Their $589 million of net buying covers about 7.5% of the $7.8 billion rise in US holdings since August, so price gains account for the rest.
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence58
Institutions put 59% of their pre-Chuseok KOSPI buying into Samsung Electronics
Institutions net-bought 4.71 trillion won of KOSPI shares in the six sessions before Chuseok, 59% of it in Samsung Electronics. Retail and foreign holders sold into the 6.85% rise, so Samsung's preliminary results now test whether a bet that narrow holds the index above 7,000.
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence60
Yuanta's 630,000 won Samsung target bets the memory squeeze outlasts 2028
Yuanta Securities Korea raised its Samsung Electronics target 18.9% to 630,000 won, about 124% above the 281,500 won quote, on an argument that HBM is eating into general-purpose DRAM capacity and pushing the end of the supply squeeze further out.
Reality
- Evidence46
- Adoption
- Not scored
- Hype gap+35
- Incentives74
- Confidence50
A Yuanta broker out-earned his own CEO 24-fold in six months
Korean brokerages have tied retail pay so tightly to individual sales results that a trading boom now pays front-line contract staff many times what the people running the firms take home.
Reality
- Evidence48
- Adoption
- Not scored
- Hype gap+10
- Incentives30
- Confidence55