Record Q2 operating profit of ₩60.5tn. A 24-point intraday swing, a 7.54% close, and a two-day drop of 22.5%. The market didn’t reject the quarter — it hasn’t bought the second half.
Korea’s stock market swung −9%, +6%, −6% in four days, then the Bank of Korea hiked for the first time since 2023.
SK Hynix’s Nasdaq ADR (SKHY) dropped ~21% in its first full week. Read the Seoul tape next to the New York tape and most of that decline wasn’t the…
SK Hynix lists on Nasdaq as SKHY on July 10, 2026 — the largest ADR offering in Wall Street history.
SK Hynix and Samsung Electronics are now over half of the EWY ETF — and 57–60% of the KOSPI itself.
In 2026 the KOSPI broke 9,000 while foreign ownership of Samsung and SK Hynix hit a one-year low. It’s not a contradiction — it’s forced selling of “Korea” and deep conviction in its AI memory. Here’s the machine behind it.
A Korean retail investor’s true story of holding Samsung through a two-year slump — and the HBM truth the English headlines missed.