Kospi index has risen more than double since early 2025 (2399 at start of 2025 and 6023 as of 28 Jul), this is unprecended and an correction is expected.The rise of the index is caused retail investor leveraging on borrowed money which is not healthy. Kospi is very much consists of Skhynix and Samsung which were rocketed with their HBM product. Skhynix hold around 58% and Samsung 40% of market shares. To how low that the Kospi can go is anybody guess now. Currently, Skhynix ADR is cheaper than the IPO price of US$149, it might even get cheaper.$SK Hynix(SKHY.US)$NVIDIA(NVDA.US)$Netflix(NFLX.US)
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