dailypro2020

KOSPI at 8,000 Yet Foreigners Dump 44 Trillion Won: Korea's Great Rotation KOSPI just hit 8,000 for the first time in its history, up 101% year-on-year. In a normal market, that would be cause for celebration. But something deeply contradictory is happening beneath the surface: foreign investors have sold a record 44.7 trillion won ($34.6 billion) in Korean equities this year — the largest foreign exodus ever recorded, surpassing the 28 trillion won sold during the 2008 Global Financial Crisis by a factor of 1.6x. The selling has now run for 16 consecutive trading days, the longest streak since 2009's 17-day record. What makes this particularly striking is the concentration. 82% of the selling — 36.7 trillion won — has been in just two stocks: SK Hynix (20.7 trillion won sold) and Samsung Electronics (16 trillion won sold). Foreign ownership of SK Hynix has plunged from 58.3% at end-2024 to 42.1% in May 2026. Samsung Electronics saw its foreign ownership drop from 54.7...

KOSPI Breaks 8,000: Korea's Structural Revaluation and What It Means for Global Investors The KOSPI 8,000 Era Begins: A Market Transformed On May 30, 2026, the KOSPI index reached an unprecedented milestone, closing at 8,476.15 — an astonishing 94.2% gain since the start of the year. This rally has elevated South Korea's total stock market capitalization to $4.54 trillion (approximately 6,827 trillion won), vaulting it to the fifth-largest equity market globally. To put this in perspective, the market has nearly doubled from roughly 3,400 trillion won in just five months — a pace of wealth creation that rivals the Japanese asset bubble of the late 1980s. Deputy Prime Minister Koo Yoon-cheol dismissed overheating concerns, stating that 'worries about KOSPI 8,000 being overheated only emerge when there is no innovation effort.' I think he has a valid point — this rally is fundamentally different from past liquidity-driven surges. The move is being powered by genui...