SK Group’s 19 listed companies reached a combined market value of 2,019 trillion won (US$1.33 trillion) on June 16, the first time the South Korean conglomerate topped 2,000 trillion won (US$1.32 trillion).

The rise was driven mainly by SK hynix, its memory chip unit.

Its shares climbed 4.11% to about 2.4 million won (US$1,600), lifting its market capitalization to 1,697 trillion won (US$1.12 trillion), or 84.06% of SK Group’s total.

Meanwhile, Samsung Group’s combined market value rose 1.81% to 2,552 trillion won (US$1.68 trillion).

Recent gains in SK hynix have been linked to investor bets on AI infrastructure, stronger demand for high-bandwidth memory, and higher analyst target prices after Nvidia’s latest results.

Recent analysis also said SK hynix and Samsung Electronics accounted for 44% of the Korea Composite Stock Price Index, or KOSPI, when the benchmark index crossed 7,000 earlier.

🔗 Source: Yonhap

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