South Korean stocks soared a record 17 percent Friday as global tech firms performed a blistering recovery from an extended sell-off, with beaten-down chip giant SK hynix rocketing more than a quarter…

SK hynix and Samsung lost around 13 percent, dragging the Kospi index down 10.2 percent, having earlier been paused for a 20-minute circuit-breaker.

South Korean shares saw a rebound on Wednesday after a significant previous day's fall. Investors engaged in dip buying, focusing on domestic chipmaker earnings and major US tech…