Foreign Investors Dump 11 Trillion Won in KOSPI This Month; Samsung, Hynix See 9.7 Trillion Won Profit-Taking

Finance|
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By Kang Do-won
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Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News] - Seoul Economic Daily Finance News from South Korea
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News]

▲AI PRISM* Customized Economic Briefing

*Editor's Note: 'AI PRISM' (Personalized Report & Insight Summarizing Media) is an 'AI-based customized news recommendation and summary service' developed with support from the Korea Press Foundation. It selects and provides six customized news items for each reader type.

[Key Issue Briefing]

■ Foreign Profit-Taking Storm Threatens KOSPI 5,000 Level: Foreign investors have net sold 11.1191 trillion won in KOSPI alone this month, continuing the 'Sell Korea' trend. Selling pressure concentrated on semiconductor stocks including Samsung Electronics (005930.KS) and SK hynix (000660.KS), amplifying the index decline, but defensive buying by retail and institutional investors has defended the 5,000 level.

■ AI Investment Overheating Concerns Reignite, Big Tech Disappointment Spreads: Amazon and other U.S. Big Tech companies' astronomical AI investment plans have raised profitability questions, fueling 'AI bubble' concerns. Korean semiconductor stocks, classified as beneficiaries of excessive investment, are facing chain-selling pressure.

■ Volatility Widens Before Lunar New Year Holiday, March Rebound Expectations Remain: Weakness is expected until the Lunar New Year holiday ahead of U.S. employment data and CPI releases. However, analysis suggests this is more of a short-term correction than a trend decline, as Korean semiconductor companies have confirmed demand through 2027.

[News for Stock Investors]

1. Profit-Taking Foreigners Sell 11 Trillion Won This Month Alone… "Not a KOSPI Trend Decline"

- Key Summary: Foreign investors net sold 5.0385 trillion won on the 5th and 3.3226 trillion won on the 6th, showing record-level selling for two consecutive days. KOSPI closed at 5,089.14, down 74.43 points (-1.44%), with intraday volatility reaching 221.47 points. Selling concentrated on semiconductor stocks, with Samsung Electronics at 5.0641 trillion won and SK hynix at 4.7269 trillion won. Securities firms interpret this as short-term profit-taking correction given KOSPI's 23% surge this year, forecasting a rebound catalyst from March.

2. Samsung Electronics' Sudden Limit-Down… Pre-Market Shakes Morning Commute

- Key Summary: An unusual situation occurred where 4,525 shares of Samsung Electronics traded at 111,600 won, down 29.94%, immediately after Nextrade pre-market opening. The extreme opening price formed due to liquidity shortage in Nextrade's continuous trading system. KOSPI futures plunged more than 5%, triggering a sidecar, and the won-dollar exchange rate surged to 1,475.3 won intraday. Pre-market volatility issues have become controversial again, requiring caution for trading during low-liquidity periods.

3. LG Energy Solution Acquires Canadian Battery JV's $1 Billion Stake for '100 Dollars'

- Key Summary: LG Energy Solution (373220.KS) will acquire Stellantis's 49% stake in NextStar Energy for 100 dollars, converting it to a 100% subsidiary. Stellantis is transferring the stake, for which it contributed approximately $980 million, for a symbolic amount—a decision to absorb losses amid prolonged EV market difficulties. LG Energy Solution has secured three ESS production bases in North America, achieving 140GWh in cumulative global ESS orders. The company is expected to strengthen cost competitiveness by exclusively securing Canadian government subsidies and U.S. AMPC-level production subsidies.

4. Silver Investment Becomes Ant Trap… 1 Trillion Won Trapped in One Month

- Key Summary: Silver spot prices plunged 36% from a high of $114.08 per troy ounce on the 29th of last month to the $73 level. Retail investors net purchased 1.0394 trillion won in KODEX Silver Futures (H) over the past month, adding 373.3 billion won even after the plunge began. The one-week return of -33.32% marks the worst performance among commodity ETFs. JP Morgan forecasts prices will bottom out at $75-80 per ounce before recovering to $90 by early next year, but short-term volatility risks are expected to persist.

▶ Related Article: Record $123 Billion Current Account Surplus, But Overseas Investment Offsets Dollar Supply Effect

▶ Related Article: LG Energy Solution Acquires Canadian Battery JV's $1 Billion Stake for '100 Dollars'

▶ Related Article: Government Successfully Issues $3 Billion Foreign Exchange Stabilization Bonds… Spread at Record Low

Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News] - Seoul Economic Daily Finance News from South Korea
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News]
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News] - Seoul Economic Daily Finance News from South Korea
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News]
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News] - Seoul Economic Daily Finance News from South Korea
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News]
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News] - Seoul Economic Daily Finance News from South Korea
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News]
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News] - Seoul Economic Daily Finance News from South Korea
Foreign investors net sold 11 trillion won of KOSPI this month... Took 9.7 trillion won profit on Samsung Electronics and SK Hynix [Stock News]

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.