South Koreans Redirect Savings and Insurance to Invest in SK Hynix and Samsung Amid AI-Driven Rally
Retail investors in South Korea are liquidating savings, insurance policies, and fixed deposits to invest heavily in SK Hynix (00660.KS) and Samsung Electronics (005930.KS), which have surged due to strong demand for AI chips. This trend has led to a significant drop in bank deposits and increased leverage among older investors.
Topics: AI chips investor behavior margin debt South Korea stock market