Can You Buy DRAM Stocks in the US? Two of the Big Three.
Samsung, SK Hynix and Micron make about 88% of global DRAM revenue. A US brokerage account can buy two of them directly. Samsung needs a workaround.
Mr. Gat
Korea: Foreigners Sold ₩2.9T, and KOSPI Fell Just 0.27%
Foreigners net sold ₩2.9 trillion of Korean stocks on Sept 29, yet KOSPI fell just 0.27%. 74% of that selling hit two stocks: SK Hynix and Samsung.
Korea’s Reopening Sell-Off Hit Chips — Not Shinhan
KOSPI fell 2.70% on its first day back from Chuseok as Samsung and SK Hynix slid over 5%. Shinhan Financial, a 1.56% EWY holding, rose 1.83%.
Korea Heard From Wall Street. Then It Closed.
Druckenmiller visited Seoul on Sept 22 and said Korea has good companies. The Bank of Korea ran a chip-downturn scenario the same day. Then Seoul closed.
Hanwha Aerospace’s Deal Rumors Come With a Korean Deadline
Hanwha Aerospace answered deal reports with “not yet” plus a date to answer again. Still open: Nov 28 for the Spain K9 price and Dec 9 for Austal.
What Moves EWY When Korea Is Closed? Not Korea.
Seoul is shut for four days from September 24. New York trades two of them. Here is what actually sets EWY’s price and its NAV while Korea has no price.
How Korea Gave Back a 2.2% Gap Before Its Holiday Close
KOSPI opened +2.20% and closed +0.15% on September 22. Seoul’s own session gave back 2.01%, and the biggest giveback was SK Hynix, 24.54% of EWY.
Hyundai Group: Korea Rose 1.6%, Its Three Stocks Fell
Korea’s KOSPI closed above 7,000 on September 21 while Hyundai, Kia and Mobis all fell. Here is what EWY holders actually own of Korea’s largest carmaker group.
How to Buy SK Hynix Stock From the US
SK Hynix trades on Nasdaq as SKHY, sits inside EWY at 24.54%, and still lists in Seoul as 000660. Three doors, three different things you own.
Seoul Held Three Meetings on the Fed. The Won Fell Anyway.
The Fed hiked. Seoul held two 8 AM meetings, then a third. The index barely moved in won, and EWY fell 3.9% in dollars. Here is what Seoul said and did not say.