Samsung Electronics and SK Hynix Hit 768 Trillion Won in Market Value

According to Hankyung, the combined market capitalization of Samsung Electronics and SK Hynix, referred to in Korea as “Samjeon-nix,” reached 768 trillion won, drawing cheers from retail investors. The headline highlighted renewed attention on the once far-fetched idea of “10,000 KOSPI,” as the valuation of the two semiconductor heavyweights rose. Because Samsung Electronics and SK Hynix carry large weightings in the Korean stock market, their expanding market value is viewed as a factor that can affect both the index and investor sentiment. The original report focused on the stated figure and the reaction from individual investors, without asserting a future index level. Source: hankyung.com