00:02You're listening to AI Prism from Seoul Economic Daily.
00:06Samsung and SK Hynix shares just crashed.
00:10But brokers' target prices are still double where the stocks trade.
00:14Foreign investors dumped 18.3 trillion won,
00:18that's roughly 13 billion dollars, of those two chip giants in days.
00:23Retail investors poured hundreds of millions of dollars
00:26into leveraged COSPI and semiconductor ETFs instead of running.
00:31And a batch of delisting risk stocks just doubled,
00:34while still sitting below the safety line.
00:36It's Thursday, October 15th.
00:39Let's look at what this means for retail investors in Korea.
00:43Korean markets have been sliding for six straight sessions,
00:46the longest skid since 2004.
00:49Foreign funds accelerated their Sell Korea trend,
00:52pulling cash from Samsung and SK Hynix,
00:55even as AI demand forecasts stayed strong.
00:58At the same time, a court-ordered pause on delisting procedures
01:02for cap-starved stocks triggered a wave of speculative buying.
01:06Here's what the numbers show.
01:08COSPI closed at 6,008.81 on Wednesday,
01:12down 26.54 points, or 0.44%,
01:16marking a sixth consecutive losing session.
01:19Samsung's average brokerage target price sits at 495,227 won,
01:26113.5% above its 232,000 won close,
01:31after the stock fell 7.39% in a single session this week.
01:36SK Hynix's target price gap is even wider,
01:39at 129.6%,
01:42after the stock dropped 10.09%,
01:45and then slipped another 1.66% the next day.
01:49Foreign investors sold a net 18.3 trillion won,
01:53about $13 billion,
01:55of Samsung and SK Hynix combined since late September,
01:5979% of their total 23 trillion won COSPI sell-off.
02:04Retail investors bought 361 billion won,
02:08roughly $258 million,
02:10of the Codex Leverage ETF on the day of the worst drop.
02:14The court-ordered delisting pause
02:16lifted 35 of 49 capital-deficient stocks,
02:20with four more than doubling in a single week.
02:22So what does this mean for retail investors in Korea?
02:26Earlier, we said brokers' target prices
02:28for Samsung and SK Hynix
02:30are still double where the shares trade.
02:32Here's what that actually means for you.
02:35Analysts still expect the earnings story to play out,
02:38but foreign funds aren't waiting around for it.
02:41If you're holding chip stocks directly,
02:43that valuation gap could close through a rebound
02:45or through further downward revisions.
02:48Not guaranteed either way.
02:50If you're in the leveraged ETFs retail investors
02:53just piled into,
02:55remember those products amplify losses as fast as gains,
02:59so size your position accordingly.
03:01That's today's AI Prism, retail investors.
03:05This episode was produced with AI Assistants
03:08based on Seoul Economic Daily reporting
03:10and reviewed by a human editor.
03:13AI Prism is a Juan Ifra award-winning series.
03:16We'll be back tomorrow.
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03:19from Seoul Economic Daily.
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