Samsung and SK Hynix announced huge investment plans, and the Korea Composite Stock Price Index fell on the eve.

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Golden Finance reported that on June 29, South Korea's main stock index KOSPI once plummeted by 3.1%, with SK Hynix and Samsung Electronics stocks falling, following reports that the two companies will invest up to 2,000 trillion won (approximately $1.3 trillion) over the next decade. Samsung and SK Hynix stocks were the biggest drag on the index. According to Roy Lim, an equity sales trader at NH Investment Securities in Seoul, institutions generally believe that South Korea's special power equipment and grid-related targets will become the beneficiary sectors of this investment. As of now, KOSPI has risen 93% this year. Eugene Securities analyst Huh Jae-Hwan pointed out in a research report that the volatility in South Korea's domestic stock market is severe, with the core reason being the lack of competitive alternative tracks besides semiconductors. He added that this large-scale industrial project will benefit companies in the semiconductor industry chain and help alleviate industry capacity bottlenecks. "The leadership position of the semiconductor industry seems unlikely to be structurally weakened. But temporarily avoiding extreme volatility might be a prudent strategy," he said. The Kosdaq index once rose by 5%.
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