Foreign investors have offloaded a net 5.33 trillion won (approximately $3.5 billion) of SK Hynix shares over the past week, extending a broader 12-day selling streak. The massive institutional sell-off represents a profit-taking wave following a historic KOSPI rally driven by the artificial intelligence boom. Meanwhile, financial regulators have clamped down on promotional events ahead of the May 27 listing of Korea's first 2x single-stock leveraged ETFs tracking SK Hynix, warning of severe volatility risks. Despite the heavy institutional selling, SK Hynix's stock remained stable, closing at 1,941,000 won.
Foreign Investors Dump 5.3 Trillion Won of SK Hynix as Regulators Curb Leveraged ETFs