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 market structure
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%.
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.
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.
Korea’s Fed Day: Seoul Opened +0.9%, Closed −0.04%
The Fed raised rates at 3 AM Seoul time. New York traded two more hours. Seoul traded the next six and a half, and spent them erasing the overnight gap.
SK Hynix Has Three Rumors on Korea’s Public Record
SK Hynix has three rumors on file in Korea. A Chongqing stake sale, a Japan fab, a Solidigm pre-IPO. All answers said undetermined. Each has a filing deadline.