Samsung, SK Hynix Slide Causes $137 Billion Hit to Korea Pension
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
South Korea’s main pension fund took a 182 trillion won ($137 billion) hit after a decline in stakes of equities including Samsung Electronics Co. and SK Hynix Inc.
The significant loss highlights the impact of falling stock prices in major companies on national financial stability.
SamsungSK HynixKorea Pension
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“South Korea’s main pension fund took a 182 trillion won ($137 billion) hit after a decline in stakes of equities including Samsung Electronics Co. and SK Hynix Inc.”
Bloomberg — Samsung, SK Hynix Slide Causes $137 Billion Hit to Korea Pension