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Samsung Electronics and SK Hynix draw U.S. retail money beyond Bitcoin ETF frenzy

Published: · Source: mk.co.kr

Samsung Electronics and SK Hynix draw U.S. retail money beyond Bitcoin ETF frenzy
TL;DR: Nikkei reported that as the KOSPI approaches 8,000 in a record rally, U.S. institutional and retail investors are moving into Samsung Electronics and SK Hynix.
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As the KOSPI nears the 8,000 mark and extends its record-high rally, U.S. institutional and retail investors are increasingly targeting Samsung Electronics and SK Hynix. According to a report by Japan’s Nikkei, Wall Street views the two Korean chip stocks as undervalued compared with Micron, while direct trading of Korean shares has also begun. Market interest has grown to the point that inflows are described as stronger than during the Bitcoin ETF boom. Attention is now on how overseas demand for major semiconductor stocks may affect the KOSPI’s rise and access to Korean equities. Source: mk.co.kr

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