KOREAN CHIP STOCKS STAGE RECORD REBOUND SK Hynix surged 30% and Samsung Electronics jumped 27%, lifting the Kospi 18%, as Citadel's purchas…
KOREAN CHIP STOCKS STAGE RECORD REBOUND
SK Hynix surged 30% and Samsung Electronics jumped 27%, lifting the Kospi 18%, as Citadel's purchase of distressed AI assets fueled a relief rally.
Analysts said heavy deleveraging by retail investors and hedge funds has largely run its course, improving sentiment toward Korean equities after weeks of sharp AI-driven selling.