Foreign Investors Return to Net Buying on Korea's Kospi, Still Sell Samsung and SK Hynix

Foreign investors returned to net buying on South Korea's Kospi on July 8 after 14 trading days, but Samsung Electronics and SK Hynix remained the top two stocks by foreign sell-off volume. Despite Samsung's record earnings release, elevated profit expectations and concerns over memory chip cycle peak dampened investor sentiment, driving the index down over 5% as securities firms lowered price targets and global investment banks recommended reducing semiconductor exposure.
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