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Samsung Union to Launch Strike Tmr; XL2CSOPSMSN (07747.HK) Slumps 8%
Negotiations between SAMSUNG ELECTRONICS (005930.KS) and its union have entered the third day. The Samsung union said it will proceed as scheduled with a large-scale strike tomorro...
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Samsung Union to Launch Strike Tmr; XL2CSOPSMSN (07747.HK) Slumps 8%
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Negotiations between SAMSUNG ELECTRONICS (005930.KS) and its union have entered the third day. The Samsung union said it will proceed as scheduled with a large-scale strike tomorrow (21st), after company management rejected a government mediation proposal. This means nearly 48,000 Samsung workers will stage a strike lasting up to 18 days.

KOSPI last slid 2.03% at 7,123, while Samsung's share price dived about 2% to KRW268,000. In Hong Kong, XL2CSOPSMSN (07747.HK)  -28.900 (-13.454%)    Short selling $2.52B; Ratio 47.335%   opened 1.66% lower today (20th) before extending losses. It last quoted at HKD127.2, down 8.06%, with turnover of 10.6481 million shares, involving HKD1.408 billion. XL2CSOPHYNIX (07709.HK)  -25.600 (-19.321%)    Short selling $7.30B; Ratio 49.899%   last quoted at HKD79.7, down 1.77%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)

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