KOSPI tăng 17% do mua vào nước ngoài kỷ lục, các chuyên gia cảnh báo về hiện tượng "nhảy chết mèo"

The Huoxing Finance report states that on July 31, after a prolonged slump throughout July, the Korean KOSPI index surged more than 17% intraday, recording its largest single-day gain in history. Although some investors optimistically view this rebound as a "signal flare" indicating a reversal in market trend, market experts argue that Korea's stock market has once again demonstrated its fragile structure, highly susceptible to foreign capital flows and volatile swings, suggesting this rebound may ultimately prove to be merely a "dead cat bounce." Data shows that within just over two minutes after opening, foreign investors' net purchases of Korean stocks reached 1.6 trillion Korean won; by closing, foreign investors had accumulated net purchases of 7.18 trillion Korean won for the day, setting a new historical record. Meanwhile, Korean retail investors recorded net sales of 8.2 trillion Korean won, also setting a new historical record for the highest single-day net selling. Analyst Lee Chae-won stated: "It is currently difficult to determine whether this rebound is merely a temporary technical recovery or the beginning of an upward trend." "Ultimately, the key lies in the semiconductor cycle. As the market questions whether high operating profit margins can be sustained, investors should focus on whether semiconductor supply bottlenecks will persist beyond 2028 when making decisions over the next six months." A figure in the asset management industry remarked: "Retail investors trapped at current highs are likely to sell to lock in profits when the index approaches its previous high of around 8,000 to 9,000 points, thereby suppressing the upward trend."