Korea’s Foreigners Sold All Five Days, but Less Each Day
Korea’s first week after Chuseok: foreigners net sold all five sessions, but daily selling fell from ₩3.2T to ₩0.14T. KOSPI ended −1.09%, KOSDAQ +5.78%.
Korea Got a Chip Tax Windfall. It Sold Fewer Bonds.
Korea now expects ₩63.2 trillion more tax than planned, led by chip-era corporate tax, and cut October bond sales by ₩5 trillion. Too early to judge.
How KORU Lost 30% in Three Months While EWY Went Nowhere
KORU, the 3x Korea ETF, fell 29.7% from July 1 to Oct. 1 while EWY rose 0.3%. Same MSCI index, different clocks: what daily reset does to it.
Korea’s State Fuel Deal Grew 19% at the Same Stated Volume
SK Energy’s renewed fuel deal with Korea’s state oil company is ₩2.21 trillion, up 18.9% on the same stated 1.3 billion liters. What it shows.
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.
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.