S. Korea’s Kospi Hits ATH Even as $74B in Global Funds Exit Korean Stocks

TLDR: Foreign investors net sold 91.13 trillion won on the Kospi yet ownership rose to a record 39.43% of the market cap.  Strategic retention of AI and memory chip stocks like Samsung and SK Hynix inflated total foreign portfolio values.  Retail investors absorbed heavy foreign outflows through direct purchases and leveraged ETFs, raising correction risks.  [...]

The post S. Korea’s Kospi Hits ATH Even as $74B in Global Funds Exit Korean Stocks appeared first on Blockonomi.