Throughout this year, global investors have shown a keen interest in trading the shares of Samsung Electronics and SK Hynix, propelling these two memory giants to a remarkable surge of 147% and 245% in their stock prices, respectively. However, the meteoric rise in stock values has presented a conundrum for certain funds, compelling them to divest as their holdings in individual stocks approached the 10% threshold. This wave of sell-offs underscores the intense competition within the memory market and has the potential to amplify market volatility. By Thursday, global investors had collectively net sold South Korean stocks worth $63.6 billion, marking the most substantial monthly sell-off since data tracking commenced in 1999. Notably, Samsung and SK Hynix contributed to a combined net outflow of $58.6 billion.
