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Finance

Kosdaq stalls; policy momentum in focus after local elections

Hopes that the launch of a public-participation National Growth Fund would lift South Korea’s Kosdaq quickly faded as funds rotated back to large semiconductor stocks. The Kosdaq fell 2.29 percent on Monday, extending a five-session decline. Foreign investors bought Kosdaq shares, but institutions sold, weighing on the index. Market breadth in the KOSPI weakened, and smaller stocks lagged. Investors are watching post-election policy momentum and whether policy funds translate into broader demand.

Industry

SK Hynix to overhaul long-term supply contracts to prioritise volumes over price

SK Hynix is reviewing a new structure for long-term supply agreements, saying customers increasingly view securing volumes as a key risk. The company reported record quarterly revenue and operating profit for the first quarter of 2026 and said shortages of HBM, server DRAM and enterprise SSDs may persist, extending a price upcycle. It will bring forward the start of its Yongin cluster Phase 1 fab and accelerate NAND transitions and next-generation product rollouts.

AI & Enterprise

Legal AI helps level playing field as B&H teams up with Korea Consumer Association

Law firm B&H and the Korea Consumer Association signed a memorandum of understanding on April 15 to promote consumer rights. Attendees included B&H managing partner Han Tae-hwa (한태화) and association officials, as well as Consumer Issues Research Institute head Jung Yong-soo (정용수). The partners plan to build tailored strategies for ADR and class actions, apply B&H’s legal AI Lexi.A to consumer services and predict new types of disputes to propose preventive solutions.