Foreign investors now account for 38.3% of the market value of South Korea's KOSPI index, a record level. The share has risen by seven percentage points since June 2025, while foreign holdings in Korean equities have hit a record $1.39 trillion, roughly three times the 2024 level. The inflows are concentrated in large-cap stocks, notably semiconductor giants Samsung and SK Hynix, as well as secondary battery makers, power equipment firms, and the defence sector. Analysts say foreign capital is reshaping the Korean stock market.