Samsung, SK Hynix Stocks Trigger $63.6B Korean Stock Sell-Off on Thursday as Funds Hit Position Limits

GateNews
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According to Odaily and Goldman Sachs, Samsung and SK Hynix stock prices surged this week, triggering automatic fund redemptions as holdings hit the 10% position cap, forcing global investors to net-sell $63.6 billion worth of Korean stocks on Thursday (May 28)—the largest monthly outflow since 1999.

Goldman Sachs analysts warned that if market concentration in Samsung and SK Hynix continues to rise, additional selling pressure may persist, though most forced redemptions have already occurred.

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