Today, Korean stocks reached their highest closing level in three and a half years, with SK Hynix hitting a record high.

The South Korean stock market rose to its highest level in three and a half years on Monday, as the stock prices of artificial intelligence companies surged due to policy hopes. The benchmark Korea Composite Stock Price Index (KOSPI) closed up 1.80% at 2,946.66 points, marking the highest closing level since January 13, 2022. AI chip manufacturer SK Hynix rose 5.31%, hitting a new record high at the close. Cloud service provider Samsung SDS soared 21.7%, marking the largest single-day gain on record, while competitor LG CNS rose 11.3%. Search engine Naver rose 4.49% and instant messaging tool Kakao rose 3.30%. South Korea's Ministry of Economy and Finance stated that the authorities will closely monitor the financial market and take bold measures immediately if excessive volatility occurs.