SK Hynix became South Korea’s most valuable listed company for the first time on Monday after surpassing Samsung Electronics in market capitalization.
Shares rose as much as 6.5% to 2.945 million won, extending the memory-chip maker’s winning streak to eight straight sessions.
The move marks a symbolic shift in South Korea’s equity market leadership, with the world’s No. 2 memory chipmaker displacing the country’s longtime corporate bellwether.