
#KoreaChipSelloff
About KoreaChipSelloff
KOSPI fell 5% Monday, Samsung and SK Hynix down as much as 8%, a mirror of July 31's 14% intraday surge and Hynix's 28% spike. Korea's authorities floated "emergency powers" that could cut single-stock leveraged ETF multiples to 1.5x, plus caps and mock-trading rules. Long-term calls diverge: Nomura lifted its 2028 Samsung profit view to 770tn won; BofA said Samsung pricing "caps downside, not upside," with demand rising to 2028. Roundhill's DRAM fund cut ~$432M of Samsung and added CXMT.
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