Kospi rally goes beyond Samsung, SK hynix: JP Morgan

JPMorgan Chase & Co.

Asia equity and quant strategist Mixo Das says South Korea's stock rally still has room to run, as the artificial intelligence-driven memory cycle, earnings upgrades and governance reform continue to support the bank's most bullish regional market call.

In a May 10 report titled "Embracing the AI momentum; Kospi 10K?" Das and his team raised JPMorgan's Kospi base, bull and bear targets to 9,000, 10,000 and 6,000, respectively, only weeks after lifting them to 7,000, 8,500 an ...