Samsung and SK Hynix Filed to Buy Stock — Not to Cancel It.
42 Korean firms filed to buy their own shares Sept 9, Samsung and SK Hynix included. But buying is not cancelling – here’s what it means for EWY.
SK Hynix
What Did EWY Do While Seoul Ran? Not Much.
US markets closed for Labor Day while Seoul’s KOSPI jumped 4.6%. When New York reopened, EWY rose just 0.55%. Here’s where the gap went.
Korea’s Won: Seoul Says Immune, Washington Says Tariffs
Seoul’s central bank called the won immune; Washington put Samsung and SK Hynix on notice. The won ended the week stronger at 1,350.4.
Is SK Square Just Cheaper SK Hynix? Not Quite.
EWY holds SK Hynix twice — directly, and through SK Square at a 46 percent discount that an activist and buybacks are pushing to close.
SK Rebuilt Its Group — SK Hynix Stayed Put
SK Group absorbed a battery unit, spun off a data-center firm, and sold 49% of it for ₩3.08tn — none of it touched SK Hynix, the core of EWY.
Korea’s Indexes Split Again — the Reverse of Last Week
KOSPI rose and KOSDAQ fell for a second day — the mirror image of last week. If you own EWY, you own the large-cap half in the tariff line of fire.
Korea’s Memory Lead — Micron Bets Against It
Buy “memory” after Nvidia’s blowout and there are three doors. Two hold Samsung and SK Hynix; Micron is the bet against them. Here’s the map.
When Does Korea Trade Nvidia? Before the US.
Nvidia reports after the US close on Aug 26. Seoul opens 3h40m later — the first major market to trade the print in cash, on the same Thursday morning the…
DRAM and EWY — the Same Two Korean Stocks
There is a memory ETF now. It trades on the Cboe BZX exchange under the ticker DRAM, it launched on April 2, 2026, it charges 0.65%, and the issuer calls it a “pure play” — the first-ever memory stock ETF. Roughly half of that pure play is two companies listed in Seoul. The Korea ETF … Read more
SK Hynix Will Cancel 3.3% of Its Shares. Who Gains?
SK Hynix will buy back and cancel ₩40tn of stock, about 3.3% of its shares. The arithmetic lifts its parent’s stake without SK Square buying anything.