Foreign Ownership of Samsung Electronics Hits 1998-Like Low
Amid the continuous exodus of foreign investors from the domestic stock market, the decline in foreign ownership of Samsung Electronics and SK hynix was found to be 1.6 to 1.8 times the overall drop seen across the KOSPI. Foreign investors, who have net sold around 208 trillion won (about $156.6 bil
Foreign ownership of Samsung Electronics and SK hynix in South Korea's stock market has hit a 1998-like low, following a large exodus of foreign investors from the domestic market. The decline in foreign ownership of these semiconductor giants has been 1.6 to 1.8 times the overall drop in the KOSPI index. Foreign investors have net sold around 208 trillion won since the beginning of the year, maintaining a strong selling dominance during the recent downturn when the KOSPI fell from 7,000 points to around 5,500 points.
This is the lowest level for Samsung Electronics and SK hynix in approximately 18 years since 2008. Analysts attribute the current trend to concerns over AI companies' debt and a lack of improvement in investment sentiment for global funds in semiconductor-centric emerging markets.
Written by urgent.news from BusinessKorea's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
