The judgment is the same as yesterday. When I woke up this morning, I noticed that SK in the Korean stock market was down, and the ADR changed from a small loss to profit, so I didn’t pay much attention. I just saw the news that KOSPI's decline intensified, so the ADR probably won’t fare better.

Currently, the short positions are still on the premium part of the ADR, and it seems that the semiconductor sector has also been facing tough times lately, especially since there has been no improvement in the semiconductor field after NVIDIA's earnings report; my belief in shorting has strengthened.

Besides semiconductors, South Korea is also affected by Iran's blockade of Hormuz, and South Korea has just gone through deleveraging. It will probably take some time to recover.

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