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Korean Equity Markets

South Korea's stock markets, led by the KOSPI and KOSDAQ exchanges, where listed companies' shares trade and corporate actions are disclosed.

Current stories

investOne report1 publisher

BlackRock's AI chip ratings project could take about a year, as HSBC's Roberts says lenders want higher payoffs on AI projects

Seoul's Kospi closed down 7.57% after a circuit breaker, as chipmakers sold off on U.S. inflation data. BlackRock's Fink says halting data centers means recession. HSBC's Roberts says lenders want higher returns first.

Reality

Evidence50
Adoption
Not scored
Hype gap+15
Incentives65
Confidence55
investOne report1 publisher

SK Hynix lost 11.35% and Samsung 9.70% as the Kospi's circuit breaker tripped

Korea's Kospi closed down 7.57% at 5,554.22 on October 15, tripping its circuit breaker, as SK Hynix lost 11.35% and Samsung Electronics 9.70%. Both fell harder than the index.

Reality

Evidence55
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence50
investOne report1 publisher

Musinsa at 10 trillion won would be valued at about 96 times annualized first-half operating profit

Musinsa is heading for a Kospi listing valued at up to 10 trillion won even though first-half operating profit fell 11.2% to 52.3 billion won. Buyers at that price would be paying for overseas growth that so far has come with lower earnings.

Reality

Evidence45
Adoption65
Hype gap+35
Incentives
Not scored
Confidence50
investOne report1 publisher

Back-end chip suppliers lift the KOSDAQ to its first close above 900 since July

South Korea's KOSDAQ closed at 919.92, its first finish above 900 since July, as seven back-end chip suppliers averaged 54.86% gains since Sept. 1. The gains price in more AI spending by the big chipmakers, so the index still depends on Samsung and SK hynix budgets while their shares lag.

Publishers:en.sedaily.com

Reality

Evidence62
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence55
investOne report1 publisher

Tway Holdings filed a 59.6 billion won affiliate guarantee on the day the exchange flagged its listing

Tway Holdings came back from suspension at 907 won after the Korea Exchange flagged it for holding a market value under 30 billion won for 30 sessions. On the day of that flag it guaranteed a credit line for an affiliate.

Publishers:en.sedaily.com

Reality

Evidence62
Adoption
Not scored
Hype gap+12
Incentives30
Confidence55
investOne report1 publisher

DS Asset Management opens its AI chip ETF with 30% in Samsung and SK hynix

The Korean manager's second ETF lists next month with SK hynix and Samsung Electronics at 15% apiece, half the 60% it must keep in domestic stocks. The discretion it is selling sits in the eight suppliers around them.

Publishers:en.sedaily.com

Reality

Evidence40
Adoption18
Hype gap+15
Incentives65
Confidence42
investOne report1 publisher

Korea Exchange eases cash deposit rule for all flagged stocks as retail investors keep buying some anyway

Of 1,548 caution and risk designations since 2022, prices were lower 20 trading days later in 1,050 cases and down more than 30% in 398, while individuals were net buyers of 13 of the 41 stocks flagged in August.

Publishers:en.sedaily.com

Reality

Evidence60
Adoption55
Hype gap+12
Incentives62
Confidence55
investOne report1 publisher

Two stocks, PonyLink and Valofe, swung more than 32% in the four hours KRX added to the trading day

KRX scrapped 10-minute single-price matching for continuous trading between 4 p.m. and 8 p.m., and on the first day the biggest movers round-tripped, with Hanwha Galleria finishing about 0.9% below its regular-session close.

Publishers:en.sedaily.com

Reality

Evidence52
Adoption48
Hype gap+12
Incentives58
Confidence50
investOne report1 publisher

Korea Exchange replaces twelve evening auctions with four hours of continuous matching

From September 14 KRX will match orders continuously between 4 and 8 p.m., taking limit orders only, capping moves at 30% and leaving ETFs and ETNs out, with 38 brokerages covering 95.2% of volume signed up.

Reality

Evidence42
Adoption30
Hype gap+20
Incentives55
Confidence45
investOne report1 publisher

SK hynix Sold ADRs High, Then Bought 40 Trillion Won of Its Own Stock Low

The chipmaker raised more than $2.6 billion selling depositary receipts, then announced a $27 billion buyback-and-cancel at prices roughly a third lower. Price discipline, not signalling.

Publishers:en.sedaily.com

Reality

Evidence48
Adoption
Not scored
Hype gap+22
Incentives66
Confidence46
investOne report1 publisher

A 40 Trillion Won Buyback Is Holding Up the KOSPI, and the KOSDAQ Is Paying For It

The KOSPI closed up 0.88% on the 21st while the KOSDAQ fell 4.63%. That gap is not risk appetite. It is two chip names promising to hand cash back.

Publishers:en.sedaily.com

Reality

Evidence58
Adoption48
Hype gap+22
Incentives55
Confidence60