During the four consecutive days of gains in the South Korean stock market, foreign investors net purchased 5.57 trillion won, with over 80% flowing into Samsung Electronics and SK Hynix.

According to data from the Korea Exchange, from July 20 to 23, foreign investors net purchased South Korean stocks for four consecutive trading days, with a cumulative net purchase of 5.574 trillion won. This marks the first four-day net inflow since April. Samsung Electronics and SK Hynix were the main destinations for these funds, receiving net purchases of 1.73 trillion won and 2.76 trillion won respectively, totaling 4.48 trillion won, which accounts for over 80% of the total foreign net purchases during the period.

The market believes that tech giants like Google are continuously raising their AI capital expenditure expectations, driving improvements in the demand outlook for HBM and server DRAM. Combined with the enhanced attractiveness of these two companies' valuations after recent adjustments, this has led foreign capital to concentrate on South Korea's major memory chip leaders. (Daum)