Korean National Pension Service's listed stock valuation surged by 70 trillion won, largely due to Samsung Electronics and SK Hynix stock appreciation

The Korean National Pension Service (NPS) saw a significant increase of nearly 70 trillion won in its listed stock valuation during Q4 last year, primarily driven by the surge in Samsung Electronics and SK Hynix stock prices. These two semiconductor giants accounted for approximately two-thirds of the total increase. Individual investors have also heavily bought Samsung Electronics shares, leading to record-high credit balances for the stock. Analysts predict continued rises in DRAM and NAND prices, with some suggesting Samsung Electronics' stock could climb further if HBM supply for GPU customers expands. However, caution is advised regarding potential demand slowdowns after customer memory stock levels are met.