Samsung Electronics, SK Hynix Plunge 6-7% as Margin Trading Losses Mount on July 7

According to Financial News, on July 7, Samsung Electronics and SK Hynix investors suffered significant losses as both semiconductor giants' stock prices fell sharply despite beating earnings expectations. Samsung Electronics declined 6.9%, while SK Hynix dropped 6%.

Data from the Korea Financial Investment Association showed that over the past month through July 3, the two stocks accounted for 10.7 trillion Korean won, or 36% of total margin-trading balances in the broader market. Samsung Electronics' margin balance increased 1.35 trillion won to 5.53 trillion won, while SK Hynix rose 1.60 trillion won to 5.20 trillion won during the same period.