Claudio Olivares

#kospiup15.13%inmorningtrade Market Commentary & Analysis 💥Historic Rebound: After plunging ~40% from its June peak, the KOSPI surged +17.91% in a single session. The rally added approximately ₩720 trillion ($500B) back to the market cap, driven by a massive short squeeze and a rebound in global AI sentiment. 💥Semiconductor Dominance: The rally was led by the "Big Two" which account for over 50% of the index weight. SK Hynix hit its daily upper limit of +30% , while Samsung Electronics surged nearly +27% , both setting all-time records for single-day gains. 💥Retail Carnage & Regulation: The recovery comes too late for many; reports indicate over 500,000 retail accounts were fully liquidated during the July crash. In response, the Financial Services Commission (FSC) implemented a new 30 million won (~$22k) minimum cash margin for leveraged products starting today, July 31. 💥Macro Context: The surge was bolstered by the Bank of Japan (BoJ) holding rates steady and a broader recovery in Asian tech, including a +10% jump in TSMC in Taiwan. Impacted Assets 💥$000660 (SK Hynix $SKHY ): Hit the +30% daily limit; the primary beneficiary of the HBM/AI memory rebound. 💥$005930 (Samsung Electronics $SAMSUNG ): Surged +27% , reclaiming critical psychological levels after the recent sell-off. KOSPI records largest single-day gain in history SK Hynix hits 30% daily limit Goldman Sachs: Over 500k Korean accounts liquidated in July $NVDA #KospiHitsIntradayRecordUp17% #NasdaqRebounds2.8%EndingSixDaySlide #KospiJumpsRecord15% #USStocksOpenHigherStorageSharesRebound