Crash, dip buying, rebound exit: Korean retail investors sold 5.1 trillion won in two days, missing out on surges in Samsung and SK Hynix

Jinse Finance reports that after the "Black Monday" on the Korean stock market, a rapid rebound occurred, but individual investors who had previously made large-scale bottom-fishing purchases in semiconductor giants faced a scenario of “buying the dip during the slump and exiting during the rebound.” According to data from the Korea Exchange, Korean retail investors bought a total of approximately 3.89 trillion KRW worth of Samsung Electronics and SK hynix, with a net purchase of 1.10 trillion KRW in Samsung Electronics and 2.79 trillion KRW in SK hynix. On the same day, the stock prices of the two companies plummeted by 10.7% and 15.37%, respectively, with retail investors taking over the chips sold off by foreign investors and institutions. However, as semiconductor stocks rebounded, retail investors quickly switched to selling.