The chip rally that powered Asia’s markets for months broke hard today. Korea’s main index crashed about ten percent and trading was halted twice.
The selling spread to Japan and beyond as the great bet on artificial intelligence met its first real test. A reckoning had arrived.
Today’s Asia Intelligence Brief covers the region’s finance, markets, economy, and policy. We pulled it together from Japanese, Chinese, Korean, Hindi, Bahasa Indonesia, Vietnamese, and English sources.
South Korea — The Crash
A Ten Percent Fall
