KOSPI opens higher despite SK hynix's retreat after record-setting Nasdaq debut SEOUL, July 13 (AJP) - South Korean shares opened higher on Monday as gains in Samsung Electronics and battery and defense stocks offset a decline in SK hynix, whose shares retreated after its record-setting Nasdaq debut last Friday. The benchmark KOSPI added 14.24 points or 0.2 percent, to 7,490.18 in early trade. SK hynix fell 3.1 percent to 2,113,000 won (US$1,408.10), giving back part of the run-up into its American depositary receipt (ADR) listing, which raised $26.5 billion July 13, 2026

SK hynix ETF frenzy heads to Wall Street after record ADR debut SEOUL, July 13 (AJP) -A wave of leveraged exchange-traded funds tied to SK hynix's newly listed American depositary receipts is set to hit Wall Street this week, extending the AI chipmaker's explosive rise from South Korea's stock market to the world's largest financial market and raising fresh concerns that the trading frenzy which reshaped Seoul could spread to New York. At least six ETF products from U.S. issuers including Leverage Shares, ProShares, GraniteShar July 13, 2026

SK hynix's record Nasdaq debut lifts everything in Seoul except SK hynix SEOUL, July 10 (AJP) - South Korean stocks surged on Friday after SK hynix priced the largest United States listing ever by a foreign company, but the company that supplied the spark closed lower while the rest of the market rallied around it. The main index in Seoul added 184.03 points to 7,475.94, up 2.5 percent. The close understates the session. The KOSPI jumped more than 5 percent past the 7,700 line at midday, forcing the Korea Exchange to halt program buy orders for the July 10, 2026

SK hynix ADR: An epic Korea Inc. drama from penny stock to blockbuster SEOUL, July 10 (AJP) - Few Korean stocks have rewarded investors—or punished them—as dramatically as SK hynix. The memory chipmaker, whose Nasdaq American depositary receipts became the largest U.S. equity offering ever by a foreign issuer this week, once traded at just 135 won, making it one of the cheapest technology shares on the Korea Exchange and a dismal reminder of Korea Inc.'s collapse in the aftermath of the Asian financial crisis. Its fortunes have rid July 10, 2026

SK hynix ADR debut sends KOSPI past 7,500 and boosts Asia SEOUL, July 10 (AJP) - The KOSPI surged past the 7,500 line at Friday's open, hours before SK hynix's American depositary receipts begin trading on the Nasdaq in the largest ADR offering ever brought to the U.S. market. The main index in Seoul jumped 235.48 points, or 3.2 percent, to 7,527.39 in the first minutes of trade. SK hynix rose 3.1 percent to 2,254,000 won ($1,497) and Samsung Electronics gained 3.6 percent to 288,000 won ($191), with the chipmaker's sale of July 10, 2026

SK hynxi ADR priced at $149 per share for Fri Nasdaq debut-report SEOUL, July 10 (AJP) - SK hynix's American depositary receipts (ADRs) will be priced at $149 each when they debut on the Nasdaq on Friday, about 3 percent above Thursday's closing price of the chipmaker's common shares in Seoul, Bloomberg reported, citing people familiar with the matter. One ADR represents one-tenth of a common share, according to SK hynix's filing with the U.S. Securities and Exchange Commission. Following the reported pricing, SK hynix shares ros July 10, 2026

KOSPI paradox – few winners among retail investors SEOUL, July 09 (AJP) — "I demand a refund," wailed a day trader on social media after SK hynix shares plunged from their near 3 million won peak in June. Memes of disbelief, despair and fury quickly spread across Korean investing forums. The complaint captured the contradiction of this year's Korean stock market. The benchmark KOSPI nearly doubled through June to become one of the world's best-performing equity markets, yet a large majority of retail inv July 9, 2026

KOSPI's fragile rebound fails to calm jittery investors SEOUL, July 09 (AJP) - South Korean stocks snapped a three-day losing streak on Thursday, closing marginally higher after surrendering most of their early gains in a volatile session that underscored the fragility of investor sentiment. The benchmark KOSPI closed at 7,291.91, up 0.62 percent. The index opened 3.31 percent higher and briefly climbed above the 7,500 level, but the early rally quickly faded after Bahrain and Kuwait sounded warning sirens and Qatar issued emergency se July 9, 2026

The mystery behind the near-flat Korea-U.S. sovereign yield gap SEOUL, July 09 (AJP) - Foreign appetite for South Korean sovereign bonds has stayed firm this year even as investors dumped Korean equities, but that has not stopped bond prices from falling. The spread between Korean and U.S. 10-year government debt has narrowed to less than 30 basis points, even though the policy-rate gap between the Bank of Korea and the Federal Reserve remains wider than 100 basis points. As of midday Thursday, Korea’s 10-year government bond yielded 4. July 9, 2026

Seoul leads broad Asian rebound after three-day rout SEOUL, July 09 (AJP) — South Korean stocks led a broad Asian rebound Thursday as chip heavyweights surged ahead of SK hynix's highly anticipated Nasdaq ADR debut, while the Bank of Korea's upbeat view on the semiconductor cycle helped outweigh growing skepticism over AI valuations on Wall Street. As of 10:37 a.m., the benchmark KOSPI jumped 2.87 percent to 7,454.62 after tumbling more than 10 percent over the previous three sessions. The junior KOSDAQ climbed 3.66 perc July 9, 2026