KOSPI Surges 6% as SK Hynix, Samsung Lead Chip Rally
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- South Korea's KOSPI surged nearly 6%, leading broader Asian share gains, driven by a chip rally and eased US bond yield concerns following Treasury buybacks.
- SK Hynix jumped 12% and Samsung rose 9%, anchoring Seoul's chip-driven surge as US Treasury buybacks pushed bond yields lower across the region.
Why it matters: Treasury buybacks easing yields combined with a chip-sector rally gave Korean semiconductor heavyweights SK Hynix (+12%) and Samsung (+9%) a double catalyst, pulling the KOSPI up nearly 6% and lifting Asian markets broadly in a single session.
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