🔥 Historic Moment! Korea KOSPI Breaks 7,000 Points at the Open, Violent Rebound Up 33%!
Today, the Korean stock market is going wild! The KOSPI opened with a gap-up jump of 2.68%, at 6,995.67 points. It surged as high as 7,010.86 points during the session, and after three weeks it has once again reclaimed the 7,000-point level. This is the 5th consecutive trading day of gains, with the week’s cumulative rise exceeding 11%.
Who’s driving it? SK Hynix is up more than 6%, and Samsung Electronics follows closely, directly igniting the broader market. Earlier, foreign investors’ shareholding in the Korean semiconductor sector had fallen to a historic low, but now overseas funds are疯狂抢补 (ruthlessly making up positions). AI memory chips have become the main battlefield for “buying spree” demand.
Looking back, this leg of the KOSPI rally has surged from the late-July low of 5,262.77 points all the way to today—an accumulated gain of as much as 33%, truly a violent rebound.
Market impact:
Short term: Bullish sentiment is running hot 📈 After a series of short-squeeze moves, there may still be momentum for an additional push higher, but investors should also watch for the risk of profit-taking.
Long term: Watch for structural divergence ⚠️ The KOSPI is highly concentrated in Samsung and SK Hynix (combined weight over 43%). In essence, this is a行情 (cycle) driven by AI memory. The next resistance level given by Goldman Sachs is 7,700 points, implying about 7.8% upside potential—but if the semiconductor cycle peaks, downside pressure during a pullback could be just as large. #韩股KOSPI开盘破7000点
$KORU
$SAMSUNG
$SKHYNIX
Today, the Korean stock market is going wild! The KOSPI opened with a gap-up jump of 2.68%, at 6,995.67 points. It surged as high as 7,010.86 points during the session, and after three weeks it has once again reclaimed the 7,000-point level. This is the 5th consecutive trading day of gains, with the week’s cumulative rise exceeding 11%.
Who’s driving it? SK Hynix is up more than 6%, and Samsung Electronics follows closely, directly igniting the broader market. Earlier, foreign investors’ shareholding in the Korean semiconductor sector had fallen to a historic low, but now overseas funds are疯狂抢补 (ruthlessly making up positions). AI memory chips have become the main battlefield for “buying spree” demand.
Looking back, this leg of the KOSPI rally has surged from the late-July low of 5,262.77 points all the way to today—an accumulated gain of as much as 33%, truly a violent rebound.
Market impact:
Short term: Bullish sentiment is running hot 📈 After a series of short-squeeze moves, there may still be momentum for an additional push higher, but investors should also watch for the risk of profit-taking.
Long term: Watch for structural divergence ⚠️ The KOSPI is highly concentrated in Samsung and SK Hynix (combined weight over 43%). In essence, this is a行情 (cycle) driven by AI memory. The next resistance level given by Goldman Sachs is 7,700 points, implying about 7.8% upside potential—but if the semiconductor cycle peaks, downside pressure during a pullback could be just as large. #韩股KOSPI开盘破7000点
$KORU
$SAMSUNG
$SKHYNIX