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South Korea's KOSPI crashes around 11%: Circuit breaker triggered, market sees worst session in 5 months
South Korean equities suffered their steepest one-day decline in nearly five months on Tuesday, with the benchmark KOSPI sliding almost 11% as a global rout in semiconductor stocks battered SK Hynix and Samsung Electronics. Investor concerns were further amplified by the blockbuster stock market debut of China's CXMT, which intensified fears over rising competition from Chinese chipmakers.
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economictimes.indiatimes.com
South Korea's KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK Hynix shares…
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thehindubusinessline.com
South Korean shares tumble as chip selloff and China competition fears hit KOSPI
South Korea's KOSPI fell over 7% as SK Hynix and Samsung tumbled amid a global chip selloff and growing concerns over China's semiconductor advances.
