Daily Briefing · 2026-10-15

Amid concerns over China's memory chip push, SK Hynix shares plummeted 24% intraday, breaking below the 1.30 million won level. Cumulative foreign net selling surpassed 200 trillion won. Meanwhile, Taiwan's TSMC posted a 69% surge in third-quarter net profit, recording its highest-ever earnings. In the US, September's Consumer Price Index exceeded expectations, causing the Nasdaq to plunge by nearly 1.9%. The Fed's Beige Book also stated that the number of regions with accelerating inflation rose from 1 to 4, weakening expectations for a rate cut. AI cloud company CoreWeave saw its stock plunge 15% as credit risk concerns emerged, with its corporate bond yield surpassing 15%. Bitcoin plunged to the $81,000 level, and Coinbase and Circle also weakened in tandem. In the Middle East, Houthi rebels attacked Riyadh airport in Saudi Arabia and Aramco's headquarters, extending international oil prices' rally for a fifth consecutive day. In the real estate market, Seoul apartment prices rose for 88 consecutive weeks, setting an all-time record for the longest streak, while jeonse prices recorded their largest decline in 10 years. Seoul Mayor Oh Se-hoon pointed out that the government's housing supply policy for Yongsan Park violates special legislation and is a major cause of rising home prices. Apartment prices in the southern Gyeonggi region, including Bundang, Dongtan, and Gunpo, recorded their largest increase in 5 years, while the Gangnam 3 districts continued their decline for a 10th straight week, deepening polarization. In the financial sector, household loans in September decreased for the first time in 9 months, while large corporate loans increased by the largest margin in 4 years. HUG's uncollected jeonse guarantee bonds and the delinquent balance of Bogeumjari Loans also increased together, with financial risk persisting. In the fiscal sector, national tax revenue increased by 69 trillion won, cutting the government's fiscal deficit in half, but national debt rose to 1372 trillion won. SK, Samsung, Hyundai, and Doosan are pursuing a 4 trillion won investment for a stake in Westinghouse in the US. Financial sector hacking damage expanded to 16 institutions, leaking 100,000 cases of personal information. Homeplus closed its voluntary retirement application 8 days early due to a higher-than-expected number of applicants. The delinquency rate among those aged 60 and older surged from 0.7% to 1.5% over 4 years.