As the KOSPI continued a strong rally, rising past 6,100 and 6,200 to 6,300 just a day after topping 6,000, online communities are seeing the spread of "memes (trending content)" signaling a "bullish stock market."
On the 26th, an image spreading through online communities shows Chey Tae-won, chair of SK Group, flinging open the driver's door in a war zone–like setting and extending a hand while shouting, "No time to explain, get in now!" The image is presumed to have been generated by artificial intelligence (AI).
It is seen as a humorous way of delivering the message to not miss the uptrend and to "jump on the soaring market even now" as share prices surge at an unprecedented pace.
On the 13th, when Samsung Electronics shares surpassed 180,000 won for the first time ever, a meme starring Lee Jae-yong, chair of Samsung Electronics, also spread on social media.
Then, as the KOSPI climbed past 6,300 and SK hynix hit a record high, images featuring Chey Tae-won, chair of SK Group, and Chung Eui-sun, chair of Hyundai Motor Group, also appeared.
Online, memes that splice the faces of the heads of Samsung Electronics and SK hynix onto currency are also spreading.
Netizens are reacting with comments such as "I can't live because of FOMO," "The uptrend is really incredible," and "Do we get in now?"