KOSPI 8,000-line reentry, Samsung 8% surge·Hynix recovery
9The KOSPI rebounded sharply intraday and reentered the -line. JPMorgan acquired a stake in Innocean, BlackRock expanded its stake in HLB by 8,000%, changes in SK hynix’s stake and an ACE leveraged product’s 6% plunge were also confirmed.39 }
9South Korean stocks rebounded sharply intraday. The KOSPI reentered the -line. Samsung Electronics surged 8,000% intraday.8 }
SK hynix recovered to 200ten-thousand won. On the same day, the ACE leveraged product plunged 39%. News of the product’s sharp decline reached the market.
Buy-side circuit breakers were triggered on the KOSPI and KOSDAQ. They were triggered amid a sharp intraday rebound following the previous day’s steep decline. A buy-side circuit breaker was also applied to the KOSDAQ, restricting intraday trading.
JPMorgan acquired a stake in Innocean. BlackRock increased its stake in HLB to 6%. Changes in the stakes held by the two institutions were confirmed that day.
U.S. Capital Group sold a large portion of its stake in SK hynix. Cases of changes in the ownership structures of some listed companies were confirmed. Changes in the ownership proportions held by each institution were confirmed.
That day, gains centered on large-cap stocks and changes in institutional stakes were observed simultaneously. The relevant disclosures can be found in each company’s filings. Please refer to the relevant disclosures for specific transaction details and ownership proportions.