SK Group's total market capitalization surpassed ₩2,000 trillion ($1.32 trillion) for the first time on June 16.

The group is now the second South Korean conglomerate to reach this valuation after Samsung Group.

A semiconductor sector rally drove the milestone through significant gains in key affiliates.

Chipmaker SK hynix Inc. accounts for approximately 84% of the group's total market value.

SK hynix shares rose 4.11% on the day to reach a record-high closing price.

Investment firm SK Square also reached a new all-time high stock price.