[Strategist: Further Profit-Taking in South Korean Stock Market May Undermine KRW Stability] According to a report by Jinse Finance on June 5, Chang Wei Liang from DBS Group Research stated that further profit-taking by investors in the South Korean stock market poses a risk to the stability of the Korean won (KRW). He wrote that this risk is particularly pronounced against the backdrop of South Korean exporters not fully repatriating overseas earnings and oil prices remaining sticky around $100 per barrel. The forex and credit strategist pointed out that after the Korea Composite Stock Price Index (KOSPI) has risen over 90% year-to-date, profit-taking by foreign investors has led to capital outflows, contributing to the weakness of the KRW. Chang noted that with the USD/KRW exchange rate already surpassing 1,530 KRW, volatility in semiconductor stocks could present another risk. Memory chip giants Samsung Electronics and SK Hynix fell by 6.4% and 9.9%, respectively, dragging the benchmark index down by 5.5% on the day.