Korean Stocks

[Spekulatius]

Very well written substack article about the Korean market and the Value Up program, that is supposed to improve corporate governance.

https://substack.com/home/post/p-200629257

Edited Sunday at 11:39 AM by Spekulatius

[brobro777]

KOSPI looks like it will hit 10,000 and that will probably be psychologically important

 

Maybe I'll short EWY again then! 

[Peregrine]

21 hours ago, brobro777 said:

KOSPI looks like it will hit 10,000 and that will probably be psychologically important

 

Maybe I'll short EWY again then! 

 

Close to 60% of the KOSPI are now Samsung and SK Hynix.

 

Also this from the WSJ: https://www.wsj.com/world/asia/stock-market-ai-chips-taiwan-korea-01b7d385?mod=hp_lead_pos5

[brobro777]

22 minutes ago, Peregrine said:

 

Close to 60% of the KOSPI are now Samsung and SK Hynix.

 

Also this from the WSJ: https://www.wsj.com/world/asia/stock-market-ai-chips-taiwan-korea-01b7d385?mod=hp_lead_pos5

 

I know bro, so it can grind higher with Johnny Come Latelys jumping in da action

 

But when a big number like 10k flashes across da headlines and smartphone feeds, you know something can turn baby, it can turn!

 

 

[Valuebo]

38 minutes ago, Peregrine said:

 

Close to 60% of the KOSPI are now Samsung and SK Hynix.

 

Also this from the WSJ: https://www.wsj.com/world/asia/stock-market-ai-chips-taiwan-korea-01b7d385?mod=hp_lead_pos5

 

Man, we really are going to see no wealth effect on consumers on the way up and a massive recession once this turns around, won't we? Rip Coupang & co.

[brobro777]

24 minutes ago, Valuebo said:

 

Man, we really are going to see no wealth effect on consumers on the way up and a massive recession once this turns around, won't we? Rip Coupang & co.

 

My bet is all the lucky Hynix and Samsung funboys are gonna pour all them bonus cash (and then some, borrow baby borrow) into real estate

 

Average consumer? Probably tighten da belts even more due to higher cost of goods due to currency crashing

 

Oh man it's gonna suck to pay these borrow fees to IBKR again for shorting EWY, like it's gonna suck ass