South Korea’s KOSPI finished last week at 6,788.88, down 1.79%, and is positioned to test a return above 7,000 as semiconductor earnings momentum and shareholder-return expectations underpin the index. Foreign investors net-sold between ₩8.32 trillion and ₩9.22 trillion, while other corporations bought ₩8.04 trillion amid SK Hynix’s treasury share purchases; retail investors added ₩634.4 billion. Fed Chair Kevin Warsh’s Jackson Hole remarks lifted September rate-hike odds in federal funds futures to 57.5%, though a hold still priced near 63.5%, leaving U.S. August payrolls and CPI as the immediate catalysts. Single-stock leveraged ETF curbs have sharply cut activity in products tied to Samsung Electronics and SK Hynix—average daily turnover across 16 related products fell more than 90% in August to about ₩1.01 trillion—while analysts at Daishin, NH Investment & Securities and Samsung Futures also flag easing VKOSPI readings, improving market breadth and August export data as factors that could reinforce a rebound if fresh buying accompanies any advance.