• Bitcoin$75,676▼ 0.10%
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  • XRP$1.15▼ 0.85%
  • KOSPI5,059.69▼ 6.02%
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  • S&P 5007,376.86▲ 0.31%
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  • Samsung Elec.$138.38▼ 6.35%
  • SK hynix$830.13▼ 10.44%
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  • Microsoft$530.61▼ 0.99%
  • Alphabet$284.78▲ 0.78%
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  • Nvidia$186.64▲ 2.78%
  • Meta$610.15▲ 0.84%
  • Tesla$358.22▲ 4.23%
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Latest news

Dieters rejoice! Korea approves its own GLP-1 shot, Efpe

Korea's obesity drug market tripled in a year, from about $181 million to $612 million, and Mounjaro took 85% of it in August. Homegrown Efpe posts smaller weight loss...

From 57th to No. 2 on KOSDAQ: why did Jusung Engineering rise 9x this year?

At the start of the year, no chip company was among KOSDAQ's top 10 by market value; during trading on Oct. 1 there were six, and Jusung Engineering led them, going...

Samsung's KRW 15 trillion buyback ends. Who absorbs the KRW 14 trillion of selling?

From Aug. 24 to Oct. 1, Samsung Electronics bought back its own shares worth about 97% of the KRW 14.639 trillion that foreign and retail investors net sold, and that buying is due to end on Oct. 6...

Samsung Electronics' quarterly profit nears KRW 100 trillion. Why did foreign investors sell KRW 84 trillion of its stock?

Korean retail investors and institutions bought nearly two-thirds of the KRW 84 trillion in Samsung Electronics stock that foreign investors sold this year, and the share price rose 130% in the meantime. The number to watch in these results...

Hyundai Motor lost KRW 79 trillion in market value in three months. Did earnings or robots cut it in half?

In one Korean brokerage's math, Hyundai Motor's profit forecast was cut by about 18%, but its price target was cut by about 44%. A price target is not the stock price, but that gap is more than...

Same SK hynix, so why do US investors pay 41% more?

On Sept. 30, one SK hynix share closed at KRW 1,776,000 in Seoul, while the same stake in New York ADRs came to about KRW 2.5 million. Popularity is only part of it. The main reason appears to be the narrow path for...

On the day of record chip exports, why did Korea's retail investors sell KRW 2.6 trillion?

On Oct. 1, the day Korea reported record September chip exports of $60.3 billion, the KOSPI rose 1.95%, yet individuals sold about KRW 2.6 trillion on the KOSPI and KOSDAQ. With the...

Chips are booming. Will a stronger won shave KRW 15 trillion off Samsung and SK hynix profits?

On Sept. 29, DS Investment & Securities estimated Samsung Electronics' and SK hynix's combined third-quarter operating profit at about KRW 15 trillion below consensus (the average of brokerage forecasts), and a roughly 11% fall in the dollar-won...

Korea's margin loan limits tighten today. Will KOSDAQ shake first?

Korea's 10 largest brokerages cut their margin lending limit to 90% of their own capital from Oct. 1. Samsung Electronics and SK hynix are most likely to be hit first by the single-stock concentration rule...

Nvidia $150B, SK hynix KRW 40T in buybacks to cancel. What about Samsung?

Measured on a planned basis, SK hynix (about 43% of its latest quarterly net income) outpaces Nvidia (about 33%, actually spent). But the roughly KRW 15 trillion of stock Samsung Electronics is buying is...

Korea's homegrown obesity shot 'Efe' is coming. Is a price war about to start?

Four weeks of Mounjaro costs 2.6-3.5 times more in Korea than in Japan, and Korea's own Efe is expected at a starting factory price of around KRW 150,000. Whether a price war starts depends on whether Mounjaro, with 85%...

Trading in Samsung and SK hynix 2x ETFs fell 92%. Where did retail money go?

Once a KRW 30 million cash bar was set, daily trading in Samsung Electronics and SK hynix 2x ETFs fell from over KRW 12 trillion to under KRW 1 trillion. But analysts say...

Foreigners sold KRW 12 trillion in September. Will Samsung's earnings bring them back?

Foreign investors sold KRW 12 trillion of KOSPI stocks in September alone, about 70% of it in SK hynix and Samsung Electronics. Yet Samsung's expected third-quarter operating profit is nine times last year's. What brought foreigners back...

Kia's US sales hit a record. Why did its stock fall 12% in September?

Kia sold 83,793 cars in the US in August, a monthly record, yet its stock fell 11.9% from KRW 131,000 at the end of August to KRW 115,400 on Sept. 23...

Why a $150 billion subsidiary IPO could be bad news for SK hynix shareholders

A report says SK hynix's U.S. subsidiary Solidigm is weighing a U.S. listing at a valuation of up to $150 billion (about KRW 205 trillion). That is more than 4 times the value floated...

Korea's retail ‘ants’ sold KRW 1.4 trillion, yet KOSPI rose: is pre-Chuseok selling a bad sign?

According to the Korea Exchange, of the 26 Chuseok holidays since 2000, KOSPI rose over the five trading days after the break in 19 years (73.1%). But that is an average, and in years like this one, when before the holiday...

114x Earnings: What Are Samsung Electro-Mechanics Buyers Actually Paying For?

At 114 times earnings it is plainly expensive on this year's numbers. What the buyers are looking at is not this year's profit but the 2027-2028 earnings that AI data centers will create,...

Same chips, so why did foreigners buy SK hynix instead of Samsung Electronics?

On the first trading day after the Fed raised rates, foreigners sold more than KRW 2 trillion of KOSPI stocks. The 'switch to net buying' two days later was a single day's worth driven by one stock, SK hynix,...

Samsung Electronics' KRW 110 trillion shareholder return: why do shareholders say they were misled?

Samsung Electronics unveiled a shareholder return plan worth KRW 90 trillion to 110 trillion, the largest ever by a Korean company. Yet among shareholders, disappointment broke out before any welcome...

Shareholder returns: KRW 40 trillion for SK hynix, KRW 100 trillion for Samsung Electronics?

Samsung Electronics, sitting on KRW 167 trillion in net cash, is preparing a new shareholder return policy that includes a special dividend and additional share buybacks and cancellations. The amount and method have not been finalized, but...

An obsession with portfolios & rebalancing (feat. pension funds and foreigners)

Warren Buffett's investing principles are simple: “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” Of course, Buffett has also had paper losses along the way...

KOSPI at 7,400: how cheap is the Korean market right now?

The KOSPI has slipped to the 7,400 level. Samsung Electronics posted record earnings, yet the market sold. It looks strange, but it happens quite often in the stock market. Not because there is no good news...

This robot is mine now.

1. $325 million, the price of full ownership: Hyundai Motor Group bought the remaining 9.65% stake in Boston Dynamics held by SoftBank Group for $325 million, gaining full...

Korea's No. 1 stock by market cap has changed, from Samsung Electronics to SK hynix

A symbolic moment in the Korean stock market: SK hynix overtook Samsung Electronics in market capitalization during trading. According to Reuters, on June 22 SK hynix shares rose 5.7%, lifting its market cap to KRW 2,082.5 trillion...