SK Hynix Overtakes Samsung Electronics to Claim Top Spot in KOSPI Market Capitalization; Major Stock Changes After 25 Years

*This content was translated by AI.

SK Hynix has surpassed Samsung Electronics to become the leading stock of the Korean stock market.

On the 22nd, SK Hynix closed trading at 2.918 million won, up 5.57% from the previous day. Its market capitalization reached 2,079.6655 trillion won, surpassing Samsung Electronics (2,060.8132 trillion won) by a margin of 18.8523 trillion won. It has been approximately 25 years and 7 months since Samsung Electronics last held the top spot in market capitalization, dating back to November 2000. However, this ranking is based solely on common shares.

According to the Korea Exchange, SK Hynix recorded a market capitalization of 2,084.6544 trillion won at 12:51 p.m. that day, surpassing Samsung Electronics (2,084.1983 trillion won) at the same time and subsequently widening the gap in market capitalization.

Samsung Electronics closed trading at 352,500 won, down 0.42% from the previous trading day, ceding the top spot in market capitalization to SK Hynix. SK Hynix has long been recognized as the primary beneficiary of expanding artificial intelligence (AI) investments due to its business structure centered on high-bandwidth memory (HBM) semiconductors. Riding this trend, its stock price surged by more than 340% this year, surpassing Samsung Electronics, which rose by approximately 198% during the same period, to reach the number one position in market capitalization.

The securities industry views the possibility of SK Hynix's stock price rising further positively.

Meanwhile, if Samsung Electronics' preferred shares, "Samsung Electronics Preferred," are included, its market capitalization would reach 2,241.5473 trillion won, surpassing SK Hynix by 161.8818 trillion won. Samsung Electronics Preferred closed the market up 1.46% at 225,250 won from the previous trading day, recording a market capitalization of 180.7341 trillion won. SK Hynix has not separately listed preferred shares.

Meanwhile, the KOSPI fluctuated around the 9,000-point mark before closing with a slight gain. The KOSPI closed the market at 9,114.55 points, up 62.13 points (0.69%) from the previous trading day.

SK Square, the largest shareholder of SK Hynix, closed the market at 1.97 million won, a sharp increase of 10.67% from the previous trading day. Among Samsung Group stocks, Samsung Electric fell 1.85%, Samsung Life Insurance fell 9.36%, and Samsung Biologics fell 5.75%, while Samsung C&T rose 5.8%. In the case of Hyundai Motor Group stocks, Hyundai Motor fell 5.22% and Kia fell 2.26%.

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*This content was translated by AI.