星球日报|7月 03, 2026 05:33
[South Korean Stock Market Rebounds After a Week of AI Market Volatility]
Odaily Planet Daily News – After experiencing nearly a 10% decline over the previous two trading days, the South Korean stock market has rebounded. On Friday, the South Korean KOSPI index surged by as much as 5.5%, with the stock prices of Samsung Electronics and SK Hynix both rising by over 9%. Due to the sharp rise in KOSPI futures prices, the Korea Exchange temporarily halted programmatic buying. Foreign funds and retail investors were net sellers of the index's stocks, while domestic South Korean funds increased their holdings.
Earlier reports indicated that Anthropic PBC is in talks with Samsung to collaborate on developing custom AI chips. Meanwhile, market expectations for Samsung's upcoming preliminary earnings report have been growing. Fibonacci Asset Management's Global CEO, Jung In-yoon, stated: 'The collaboration between Anthropic and Samsung is still in its early stages, so the short-term impact on earnings is limited. However, it is a positive signal on a strategic level. This reinforces Samsung's position in the AI chip sector and highlights Asia's importance in the AI semiconductor supply chain.' (Jin10)
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