Passive money is broadening across Korean sectors just as the macro backdrop tightens again.
BlackRock disclosed stake increases in eight Korean companies in August alone, with 31 of its 34 large-holding filings this year adding to positions across biotech, platforms, construction and defense. US ten-year Treasury yields returned above 4.7 percent and the yen weakened past 159 per dollar, erasing much of the gain from the first joint US and Japan intervention since 1998. SK Hynix emerged as Kioxia's largest shareholder at 14.17 percent, while Hanwha bid up to 1.2 billion dollars for Austal's US shipbuilding operations.
Sources:
From Biotech to Naver and Kakao, BlackRock Raises Its Korea Bets - Seoul Economic Daily, August 11, 2026
Bessent's Card Loses Potency: US Yields Rise, Yen Weakens - Seoul Economic Daily, August 11, 2026
SK Hynix Becomes Largest Shareholder of NAND Pioneer Kioxia - Seoul Economic Daily, August 11, 2026
Hanwha Pursues Acquisition of US Warship Builder Austal USA - Seoul Economic Daily, August 11, 2026
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Tags:
#BlackRock #KoreaEquities #TreasuryYields #YenIntervention #SKHynix #Kioxia #KOSPI #AIPRISM #SeoulEconomicDaily #WANIFRA
