Original | Odaily Planet Daily (@OdailyChina)

Author | Wenser (@wenser 2010)

The "6.1 million sky-high bonus" frenzy from SK Hynix has just passed, and the South Korean financial sector has suddenly turned down:

On May 18, the South Korean stock market triggered a circuit breaker mechanism due to a 5% drop in KOSPI 200 futures, with program trading suspended for as long as 5 minutes; Samsung Electronics found itself in a dilemma due to a "massive union strike." This was compounded by a proposal from Kim Yong-beom, a policy official from the South Korean presidential office, suggesting "AI tax dividends for all," which led to a market crash. Meanwhile, the cryptocurrency market, once a key sector of South Korea's finance, continued to bleed, with Upbit's parent company Dunamu's net profit plunging 78% in the first quarter.

The South Korean financial market, enjoying the dividends of the AI era, has entered a new chaotic era, where bubbles and dividends coexist, and speculation and hype dance together.

The Samsung Strike Crisis: From a Paper Ban to Negotiations Continuing, Strikes May Still Unfold

First, let’s talk about the "barometer of the South Korean stock market," Samsung Electronics.

Previously, Odaily Planet Daily had mentioned in "The AI Bull Market Repricing Everything, Including the 'Male Valuation System' in the Marriage Market" the roots of this massive strike: the union hoped the company would increase the bonus ratio and abolish the bonus cap mechanism. At that time, Morgan Stanley estimated that the 18-day strike plan could lead to a loss of 40 trillion KRW, while also causing a drop in DRAM and NAND chip production.

But the negative im

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