NPS rides chip rally to record equity gains

South Korea’s National Pension Service saw the value of its domestic equity holdings nearly triple over the past year, with more than half of the gains concentrated in two tech giants — Samsung Electronics and SK hynix. According to data released Tuesday by Leaders Index, which analyzed 267 listed firms in which the NPS holds stakes of at least 5 percent, the pension fund’s equity holdings rose to 353.3 trillion won ($240 billion) as of April 10, from 129.2 trillion won at the end of 2024. The i

By The Korea Herald