KOREA ALPHA

Markets

Goldman Sachs KOSPI 12,000 target compared with the September 7 KOSPI level of 6,995.39

AI data-center investment strengthens Korea’s memory cycle as demand for advanced memory continues to rise

Stronger Korean earnings could support a KOSPI valuation re-rating and renewed foreign investor inflows

Key conditions investors should watch for the KOSPI to move toward Goldman Sachs’ 12,000 target

Markets

Goldman Sees KOSPI at 12,000. What Does Korea See?

September 7, 2026 · 8 min read

Foreign investors return to Korean equities as the KOSPI rises 1.64% on September 4, 2026

Foreign and institutional investors join corporate buybacks to broaden demand for Korean equities

Foreign and institutional investors begin taking over from corporate buybacks as a broader source of demand for the KOSPI

Key signals to watch for whether foreign and institutional inflows can sustain the KOSPI rally

Markets

Foreign Investors Are Back — Is This the Handoff KOSPI Needed?

September 4, 2026 · 8 min read

The KOSPI remains resilient despite foreign selling as corporate share buybacks absorb market supply

Samsung Electronics and SK hynix share buybacks are absorbing foreign selling and supporting the KOSPI

Corporate share buybacks are strengthening KOSPI resilience by absorbing selling pressure and supporting market demand

Key factors to watch for the KOSPI including corporate buybacks, foreign investor flows, liquidity conditions and the AI earnings cycle

Markets

Who Is Holding Up the KOSPI?

September 3, 2026 · 8 min read

Foreign investors are broadly selling Korean equities while selectively buying key sectors

Global capital is rotating from broad market exposure toward selective quality and growth sectors in Korea

Foreign capital is selectively targeting biotech, shipbuilding, defense and technology sectors in Korea

Key signals to watch for the continuation of foreign investor rotation in Korean equities

Markets

Foreign Investors Are Selling Korea — But Not Everything

September 2, 2026 · 8 min read

Rising oil prices and global bond yields increase pressure on Korea’s financial markets

Oil price shock flows through inflation, interest rates and foreign capital outflows to pressure Korea’s equity market

Korea’s energy import dependence and sensitivity to global liquidity amplify the impact of rising oil prices

Key signals investors should monitor as Korea responds to higher oil prices and global bond yields

Markets

Why an Oil Shock Hits Korea Harder Than It Looks

September 2, 2026 · 8 min Read

Korea’s August 2026 exports surge to a record high, led by strong semiconductor shipments

AI infrastructure investment drives HBM and DRAM demand, boosting Korea’s semiconductor exports

Semiconductors account for 47.5 percent of Korea’s August 2026 exports as AI memory demand accelerates

Korea’s AI memory boom creates growth opportunities while increasing semiconductor concentration risk

Markets

AI Memory Is Rewriting Korea’s Export Economy

September 1, 2026 · 7 min

KOSPI falls 1.79% to 6,788.88 on August 28, 2026, ending a three-day rally in Korean equities

Foreign and institutional selling, Fed uncertainty and U.S. semiconductor tariff risks weigh on Korea’s stock market

Korea’s KOSPI diverges from the global AI rally as semiconductor weakness, policy uncertainty and foreign outflows weigh on the market

Key factors to watch after Korea’s market pullback, including Fed policy, foreign investor flows, semiconductor stocks and U.S. chip policy

Markets

Why Korea Fell Even as the Global AI Trade Stayed Strong

August 28, 2026 · 5 min read

Korea's stock market rebounds sharply as the KOSPI surges 5.9% following the previous session's selloff

SK hynix shareholder return plan emerges as a key catalyst behind Korea's sharp stock market rebound

SK hynix and Samsung Electronics lead Korea's market rebound, highlighting the semiconductor sector's influence on the KOSPI

Key factors to watch after Korea's sharp market rebound, including global rates, foreign investor flows and semiconductor fundamentals

Markets

Korea’s Market Snaps Back 5.9%. What Changed Overnight?

August 20, 2026 · 5 min read

Korea's market stress test as the KOSPI plunges 5.8% amid a sharp stock market selloff

Multiple pressures hit Korea's stock market as rising yields, geopolitical tensions and semiconductor weakness drive a broad selloff

Korea's market selloff reveals concentrated exposure, vulnerability to external shocks and fragile investor sentiment

Key factors to watch for Korea's stock market, including global rates, geopolitical developments, semiconductor recovery and won stability

Markets

Korea's Market Just Got a Stress Test. What Broke First?

August 19, 2026 · 5 min read