TechFlow reports, on June 30, the Japanese and South Korean stock markets officially concluded the first half of the year. South Korea's KOSPI index closed up about 1% today, while Japanese stocks closed up about 0.9%. Primarily driven by demand for AI memory chips, the South Korean stock market posted a cumulative gain of about 100% in the first half, refreshing interim highs multiple times and once touching the historical high of 9385. The two tech giants, Samsung Electronics and SK Hynix, rose about 180% and 310% respectively year-to-date. Driven by multiple factors including corporate reform, AI, and the boom in the semiconductor supply chain, the Nikkei 225 index gained about 40% this year, and the TOPIX index gained about 17%. Tech stocks became the main driving force. Chip testing equipment manufacturer Advantest gained about 65% this year, while chip manufacturing equipment vendor Tokyo Electron rose over 120%. (Jin10)
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