SK Hynix Surpasses 1 Million Won.
The South Korean stock market hit a historic peak today as the benchmark KOSPI index marched toward 6,000 points. A defining moment of this rally was SK Hynix shares soaring past the 1,000,000 KRW mark for the first time.The surge is driven by an AI supercycle, with massive global demand for High-Bandwidth Memory (HBM) chips. SK Hynix has solidified its position as a domestic market leader through bold investments in next-generation hardware. Despite global volatility in software stocks, South Korea’s hardware-centric market remains a primary target for international capital, with the KOSPI up over 40% since the start of 2026. The National Assembly is expected to pass new legislation today requiring companies to cancel treasury shares, a move aimed at improving corporate governance and boosting shareholder value.
©YovaniBernard