South Korean Stocks Rally as SK Hynix Pledges $75 Billion Payout
The Kospi rose as much as 6.5% as AI enthusiasm gained steam after SK Hynix pledged a $75 billion shareholder payout.
By Amanda LeeSouth Korean stocks rallied as artificial-intelligence enthusiasm gained steam after SK Hynix pledged a $75 billion shareholder payout.The benchmark Kospi, in which SK Hynix and Samsung Electronics account for nearly half of the market value, rose as much as 6.5% and was recently up 5…