Kospi Enters Bear Market! What South Korea’s Finance Minister Said After 20% Crash
Samsung Electronics and SK Hynix fell after investors questioned whether AI spending can keep driving chip demand, Reuters reported.
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7 Articles
South Korea's KOSPI drops 20% from June record close as chipmakers drag
KOSPI crashes into bear market: How the AI trade turned against South Korea’s hottest stocks
Samsung posted record profit guidance, SK Hynix’s $28 billion US listing drew strong demand, and yet Korean chip stocks sold off. The problem is no longer AI demand. It is how much of that demand was already priced in.
Kospi enters bear market! What South Korea’s finance minister said after 20% crash
South Koreas Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconductor giants Samsung Electronics and SK Hynix. Finance Minister Koo Yun-cheol warned that heavy concentration in chip stocks is increasing market volatility. Despite the correction, Kospi remains the worlds top-performing major index in 2026.
KOSPI Plunges Another 5% as Second Wave of Sharp Chip-Sector Selloff Hits South Korean Stocks Wednesday
South Korea's KOSPI index fell sharply due to a selloff in semiconductor stocks, despite strong earnings from Samsung Electronics. The decline reflects investor concerns over AI investment sustainability.
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