Seoul Answered the Foreign Press This Week. Here’s the Transcript.
On August 6 Korea’s deputy prime minister said the index was “stabilizing.” The KOSPI closed down 4.58% that day.
EWY
Korea Is Putting $14 Billion Into AI. Its Sovereign Wealth Fund Has Never Been Allowed to Do This.
Korea will put ₩20 trillion (about $14 billion) into AI through a new Strategic Investment Account inside KIC — the first time its sovereign wealth fund has been allowed to invest at home. What actually changed, why the money is meant to attract rather than buy, and the five checkpoints that decide whether it works.
The Won Hit a Five-Month High While Stocks Fell. Does a Weak Won Actually Help Korean Exporters?
On July 30 the won closed at a five-month high while the KOSPI fell for a third day — and Samsung rose 2.4% while SK Hynix fell about 3%. Same currency, same sector, opposite directions.
Nvidia Just Became Naver’s No. 3 Shareholder. Read the Line That Vanished From the Filing.
Nvidia is taking a 4.5% stake in Naver — ₩1.48tn (~$1.01B) via a third-party share issuance, Naver’s first in 22 years.
−4.5%, +3.6%, +0.7%, +4.4%, −5.7%: Four of Five Sessions Moved More Than 3.5% — and Foreigners Bought ₩5.6tn Anyway
Korea’s market whipsawed all week: down 4.46% Monday, up 4.40% Thursday to reclaim 7,000 for the first time in six sessions, then down 5.72% Friday.
Buying Nvidia Buys the AI Demand. In San Francisco, Korea Just Made a National Claim on the AI Supply.
On July 24 President Lee Jae-myung stood in San Francisco — after meetings with the CEOs of Nvidia, OpenAI, Anthropic and Broadcom — and declared Korea…
How US Investors Actually Play Korea — the Four Doors, and Why ‘You Can’t Buy It’ Is a Myth
Only about a dozen Korean companies trade as US ADRs — so most of Korea looks unbuyable from a US account. It isn’t.
Korea Used to Buy Back Stock — and Then Re-Sell It. The Law Changed, and Cancellations Just Overtook Disposals.
For years a Korean buyback was only half a buyback — companies could resell the treasury shares later.
Korea’s Defense Boom Has a ~$76B Backlog — and No US Ticker. Here Are the Three Ways In.
Korea’s defense primes — Hanwha Aerospace, Hyundai Rotem, KAI — carry a combined order backlog past ₩111.9tn (~$76B), yet none trades as a US ADR.
EWY Top Holdings: You Bought Two Memory Stocks
SK Hynix and Samsung Electronics are now over half of the EWY ETF — and 57–60% of the KOSPI itself.