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Korea's mood on Samsung, SK Hynix stocks turns cautious but hopeful

Korean investors are nursing heavy losses in Samsung Electronics and SK Hynix stocks, especially those in single-stock leveraged products, which saw 6.3 trillion won in losses over two and a half months, with 40-somethings hit hardest and seniors over 70 losing the most per account. Retail investors are described as sighing even as SK Hynix surges, while top 1% traders are selling SK Hynix and rotating into other stocks. At the same time, brokerages like KB Securities see the recent plunge as passing a peak of worry, predicting a W-shaped bottom and a rebound in November-December, and analysts debate fair values like 70,000 won for Samsung and 200,000 won for SK Hynix. News also highlights external factors: Samsung and SK Hynix are upgrading China plants to counter YMTC, and Micron's Taiwan union cited Samsung and SK Hynix in a strike, which could tighten supply and boost their pricing power. Overall, the mood mixes pain from recent drops with guarded optimism for a turnaround.

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