Hynix

• On August 19, Japanese and South Korean stock markets plunged following a three-day decline in major U.S. indices, including a 1.33% drop in the Nasdaq. • South Korea's KOSPI fell over 6%, triggering a circuit breaker, while specific stocks like Kioxia dropped over 10% and SK Hynix also saw significant declines. • The sell-off was driven by a cooling risk appetite for global tech stocks, with the S&P 500 sliding 0.69% and the Dow Jones falling 0.22%.

• The Kospi index surged 3.68% to close at 6,579.04 on August 12, gaining 233.51 points and nearly ending a seven-week losing streak. • The rally was driven by foreign investors net buying $2 billion, with semiconductor giants Samsung and SK Hynix leading the market gains. • Positive after-hours earnings from U.S. AI infrastructure firms CoreWeave and Supermicro dispelled fears regarding semiconductor demand, boosting investor sentiment in South Korea.

• On August 12, Japanese and South Korean stock markets closed higher, highlighted by a 3.68% surge in South Korea's KOSPI Index to 6,579.04 points. • The rally was driven by the semiconductor sector, with Samsung Electronics jumping 6%, SK Hynix gaining over 5%, and Kioxia rising nearly 4%. • Investor confidence was bolstered by reports that Singapore's Temasek plans to invest directly in South Korean semiconductor leaders, citing low valuations and high AI memory chip demand.

• Shares of South Korean chipmakers Samsung Electronics Co. and SK Hynix Inc. rallied, with both extending gains to more than 8%. • The surge follows a report from Asia Business Daily stating that Singapore’s state fund, Temasek Holdings Pte, plans to invest directly in the two companies. • This development has boosted investor optimism and restored risk appetite following a significant market rout last month.

• South Korean stocks rallied sharply on Wednesday, driven by a renewed surge of investment into chip giants Samsung Electronics Co. and SK Hynix Inc. • The market recovery follows a period of uncertainty, as signs of resilient global spending on artificial intelligence (AI) infrastructure revived investor confidence. • This shift is significant because these two companies are critical pillars of the Kospi index and the global semiconductor supply chain.

• Brokerages are lowering price targets for Samsung Electronics and SK hynix due to concerns that semiconductor earnings may peak earlier than expected. • SK hynix is seeing significant divergence in analyst valuations, with price targets ranging widely from 2.7 million to 4 million won. • In separate corporate moves, Thailand's Minor Group is acquiring the Korean-founded chicken franchise Bonchon, providing an exit for private equity firm VIG Partners.

• South Korea's benchmark KOSPI index extended its rebound on August 11, closing up 0.73% at 6,345.53 points. • The market gain was driven by significant growth in major tech stocks, with Samsung Electronics rising over 4% and SK Hynix edging higher. • This upward movement reflects a positive shift in investor sentiment toward South Korean equities following a period of volatility.