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Thursday, October 29, 2026 · Morning
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Thursday, October 29, 2026 · Morning · Economy 5 pages
Front page · Economy

Record quarterly operating profit of 184 trillion won
Stock prices fall to financial crisis levels

Samsung Electronics and SK Hynix are expected to post record earnings in the third quarter.

  1. 1 pagesRecord quarterly operating profit of 184 trillion won Stock prices fall to financial crisis levelsEconomy
  2. 2 pagesHomeplus electricity bill unpaid KEPCO warns power cuts this month-endEconomy
  3. 3 pagesGyeonggi regional currency payments Extra 5% cashback addedEconomy
  4. 4 pagesTIGER200 October distribution 725 won…5 times last yearFinance
  5. 5 pagesSeoul apartment prices up 89 weeks Record longest streak, Gangnam weakensEconomy
Economy · Planned · 2 sources combinedp. 1 / 5

Record quarterly operating profit of 184 trillion won
Stock prices fall to financial crisis levels

Deadline Deadline October 29 · Samsung Electronics and SK Hynix third quarter earnings announcement date
Photo: 매일경제

In short

Samsung Electronics and SK Hynix are expected to post record earnings in the third quarter.

Combined operating profit of the two companies is projected to reach 184 trillion won.

Yet stock prices have fallen significantly from their June highs this year.

Key facts

WhenSK Hynix will announce third quarter results on the 28th, Samsung Electronics on the 29th.
WhoSamsung Electronics and SK Hynix will post record third quarter earnings this year.
WhatCombined operating profit of the two companies is expected to reach approximately 184 trillion won.
HowHowever, stock prices have fallen 36.2% and 51.9% respectively since end of June.

What it means for me

Semiconductor-related investors should watch the undervaluation debate and upcoming shareholder return policy announcements.

Economy · Planned · 4 sources combinedp. 2 / 5

Homeplus electricity bill unpaid
KEPCO warns power cuts this month-end

Deadline Deadline October 29 · Final day of sequential power cut notice
Photo: 연합뉴스

In short

Some Homeplus stores have failed to pay electricity bills for over two months.

Korea Electric Power Corporation (KEPCO) announced sequential power cuts from October 27 to 29.

Small business tenants inside the stores face payment and service disruption losses.

Key facts

WhenSequential power cuts are scheduled from October 27 to 29.
WhoClosed Homeplus stores and their tenant small businesses are targeted.
WhatSix Homeplus locations have defaulted on 2-3 months of electricity bills.
HowKEPCO will maintain electricity for tenant businesses if they apply for shared transformer contracts.

What it means for me

Homeplus customers should check whether stores may suspend operations or payments.

Homeplus tenant business owners must urgently apply for shared transformer contracts.

Economy · 2 sources combinedp. 3 / 5

Gyeonggi regional currency payments
Extra 5% cashback added

D-8 Deadline November 15 · Korea Grand Festival closing date
Photo: 연합뉴스

In short

Gyeonggi Province will return an additional 5% cashback to those who pay with Gyeonggi regional currency during the 'Korea Grand Festival' period.

This is an additional benefit on top of existing county-level incentives.

The cashback start date varies by county, and early termination is possible if the budget runs out.

Key facts

WhenThe 'Korea Grand Festival' period runs from October 29 to November 15.
WhoGyeonggi Province provides this to residents who use Gyeonggi regional currency.
WhatAn additional 5% cashback is given on top of existing county-level incentives.
HowThe cashback start date varies by county, and early termination is possible if the budget is exhausted.

What it means for me

Residents using Gyeonggi regional currency will receive more cashback during this period compared to usual.

Increased local spending may help boost sales.

If you normally shop with regional currency, you can earn the additional cashback.

Finance · 2 sources combinedp. 4 / 5

TIGER200 October distribution
725 won…5 times last year

Deadline Deadline October 28 · Buy by today to receive October distribution
Photo: 연합뉴스

In short

Mirae Asset Global Investments' TIGER 200 ETF will pay 725 won per share as October distribution.

This is 5 times the 145 won from the same month last year, marking the largest amount since distributions began.

This reflects Samsung Electronics' large-scale special dividend initiative.

Key facts

WhenInvestors who purchase the ETF by October 28 are eligible to receive the distribution.
WhoInvestors in Mirae Asset Global Investments' 'TIGER 200 ETF'.
WhatPer-share distribution of 725 won, increased 5-fold from 145 won in October last year.
HowSamsung Electronics' third-quarter special dividend is reflected, recording 1,508 won in cumulative distributions this year.

What it means for me

Investors holding the ETF through October 28 will receive larger distributions than usual.

Economy · 6 sources combinedp. 5 / 5

Seoul apartment prices up 89 weeks
Record longest streak, Gangnam weakens

Photo: 한국경제

In short

Seoul apartment prices rose for the 89th consecutive week, setting an all-time record.

Gangnam's three main districts declined, but northern and outer areas rose significantly.

The semiconductor belt region in southern Gyeonggi is also seeing rapid home price increases.

Key facts

WhenStatistics as of October 19 were announced by Korea Real Estate Board on the 22nd.
WhoKorea Real Estate Board surveyed nationwide weekly apartment price trends.
WhatSeoul apartment transaction prices rose 0.13% from the previous week, marking 89 consecutive weeks of gains.
HowGangnam's 11 districts rose 0.02%, northern 14 districts rose 0.26%, and Byeongjeom in Hwaseong recorded the nation's highest at 0.65%.

What it means for me

If you plan to buy or sell a home, it's worth checking regional price trends.

If you're considering homeownership, note the upward trends in outer and southern Gyeonggi areas.

If you own an apartment in northern or outer Seoul, your asset value could appreciate further.

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