Kospi Falls 5.46% as South Korean Semiconductor Stocks Face Heavy Selling Pressure
📉 On October 13, the Kospi closed at 6,035.35 points, down 5.46% after briefly falling below 6,000. Intense selling pressure triggered a five-minute suspension of program sell orders.
📊 Samsung Electronics fell 7.39%, while SK hynix plunged 10.09%. Foreign investors recorded net sales exceeding 4 trillion won, weighing heavily on the market despite buying interest from domestic investors.
🔍 The decline came as China's CXMT announced progress in its 4F² DRAM architecture and plans to introduce DDR5 RDIMM server memory in 2026, raising concerns about growing competition in the semiconductor industry.
🌐 The selloff reflects increasing caution among international investors over technology stock valuations and memory industry earnings prospects, although Samsung and SK hynix retain significant advantages in the HBM segment.
#SouthKorea $SKHYB
📉 On October 13, the Kospi closed at 6,035.35 points, down 5.46% after briefly falling below 6,000. Intense selling pressure triggered a five-minute suspension of program sell orders.
📊 Samsung Electronics fell 7.39%, while SK hynix plunged 10.09%. Foreign investors recorded net sales exceeding 4 trillion won, weighing heavily on the market despite buying interest from domestic investors.
🔍 The decline came as China's CXMT announced progress in its 4F² DRAM architecture and plans to introduce DDR5 RDIMM server memory in 2026, raising concerns about growing competition in the semiconductor industry.
🌐 The selloff reflects increasing caution among international investors over technology stock valuations and memory industry earnings prospects, although Samsung and SK hynix retain significant advantages in the HBM segment.
#SouthKorea $SKHYB