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SK Hynix Shares Plunge 9% After Goldman Sachs Downgrade

7/23/2025

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Story summary
  • SK hynix shares dropped nearly 9% following Goldman Sachs' downgrade from "buy" to "neutral" due to falling high-bandwidth memory prices.
  • Foreign investors sold 563 billion won in shares, showcasing their significant impact on the South Korean stock market.
  • Domestic analysts' warnings were largely ignored, indicating a tendency for positive ratings among local brokerage firms.
  • Foreign ownership in Kospi-listed companies averages 32.44%, with substantial investments in SK hynix and Samsung Electronics.