B · Normal
[Foreign investors have sold Samsung Electronics and SK Hynix for a total of 176 trillion won this year] On October 14, a brokerage research report stated that foreign investors continued to sell Korean stocks, and the selling trend has not yet eased. However, a series of events from the end of this month to mid-November may become a turning point for the return of foreign investment. The financial reports of the two major memory chip giants, the U.S. midterm elections, changes in the situation in the Middle East, and the listing of AI company Anthropic are regarded as core variables that may reverse market sentiment. Data from the Korea Exchange on the 14th showed that as of the previous trading day, foreign investors had sold a total of 203.6977 trillion won (approximately US$141.5 billion) in the Korea Composite Index main board market this year. Among them, only two stocks, Samsung Electronics and SK Hynix, suffered a net selling of approximately 176 trillion won, accounting for 86% of the total foreign selling scale. The foreign shareholding ratio of Samsung Electronics fell to an 18-year low since 2008; the foreign shareholding ratio of SK Hynix also fell below the ten-year average. This round of withdrawal of foreign capital is the core driver of the downward trend of the KOSPI index. Intensified geopolitical risks in the Middle East, disputes over OpenAI's annual revenue, and concerns about the increased competitiveness of foreign companies have combined to suppress the market.
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