Samsung and SK Hynix are plunging. Why are Korean stocks starting to decouple from the global AI rally?🤯🤯
Samsung and SK Hynix powered Korean stocks higher in the first half. But with so much index weight concentrated in just two memory giants, that concentration became a risk.
Now, foreign investors are cutting exposure, leverage is unwinding, and some retail investors are shifting to US stocks—putting more pressure on memory stocks.
Corporate buybacks had absorbed some of the selling. But as those programs wind down, the next wave of buyers seems nowhere to be found.
Samsung and SK Hynix powered Korean stocks higher in the first half. But with so much index weight concentrated in just two memory giants, that concentration became a risk.
Now, foreign investors are cutting exposure, leverage is unwinding, and some retail investors are shifting to US stocks—putting more pressure on memory stocks.
Corporate buybacks had absorbed some of the selling. But as those programs wind down, the next wave of buyers seems nowhere to be found.