header-langage
简体中文
繁體中文
English
Tiếng Việt
한국어
日本語
ภาษาไทย
Türkçe
Scan to Download the APP

South Korea's KOSPI Index Nearly Doubles Year-to-Date, Structural Shift in Memory Chip Demand Drives Rally

BlockBeats News, May 27th, the astonishing rally in the South Korean stock market has driven the cumulative increase to nearly 100% year-to-date in 2026, surpassing even the historical surge seen before the burst of the internet bubble and during the late 1980s South Korean industrialization boom.


Led by major memory chip manufacturers such as SK Hynix and Samsung Electronics, the South Korean benchmark KOSPI index continues to hit new all-time highs, soaring from 5000 to 8300 points in just a few months. The index surged 5.1% intraday on Wednesday. With less than half of the year gone, the index's current performance is now on par with the Nasdaq 100 index's 102% surge before the 1999 bubble burst.


However, there are hardly any market participants issuing bubble warnings for the South Korean stock market at the moment. They believe that the global memory chip demand structure has shifted, transitioning from the previous cyclical pattern to a more prolonged, sustainable growth trend.

举报 Correction/Report
Correction/Report
Submit
Add Library
Visible to myself only
Public
Save
Choose Library
Add Library
Cancel
Finish