金色财经
金色财经|May 27, 2026 04:50
[South Korean Stock Market Soars 100% This Year, Surpassing the Internet Bubble Era] Reported by Jinse Finance on May 27, the South Korean stock market has surged 100% this year, surpassing the historic rallies seen before the burst of the internet bubble and during the late 1980s industrial boom in South Korea. Driven by significant gains in SK Hynix and Samsung Electronics, the South Korean Kospi Index has continuously set new records, skyrocketing from 5,000 points to 8,000 points in just a few months. On Wednesday, the index rose as much as 5.1% at one point. With the year not even halfway through, the Kospi Index's performance is already comparable to the Nasdaq 100 Index's 102% rise in 1999, just before the internet bubble burst. However, few market observers are issuing warnings about the South Korean stock market. They believe that global demand for memory chips is undergoing a structural shift, moving from cyclical fluctuations to a more sustained growth trend.
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