🚨 BREAKING: SOUTH KOREA’S STOCK MARKET IN FREEFALL 🚨 The KOSPI just cratered ~11% — its worst single-session collapse in 5 months. 🔴 SK Hynix: -14.7% (ADRs hit a record low) 🔴 Samsung Electronics: -14.4% (worst day since 2008) 🔴 Circuit breaker triggered — 8th time this year The trigger? China’s CXMT debuted +466% on the Shanghai exchange, and Beijing just started mass-producing homegrown DUV chip-making tools. Korea’s two chip giants control 50%+ of the KOSPI’s weighting — when they bleed, the entire market bleeds. Foreigners dumped $3.4B worth of Korean stocks in a single day. The KOSPI is now down 29% this month alone — exceeding its worst monthly loss since the 1997 Asian financial crisis. This isn’t just a Korea story. It’s a global semiconductor reckoning. 🌐 Intel, AMD, Micron all sliding in sympathy. 🤖 AI infrastructure spending fears are spreading fast. The era of unchallenged Korean chip dominance may be facing its biggest test yet. 📌 Follow @AsafGivoli for real-time market intelligence. #KOSPI #SKHynix #Samsung #ChipStocks #KoreaMarket #BreakingNews #Semiconductors #AIStocks #CXMT #MarketCrash #GlobalMarkets #Investing
The Raw Wire 🚨@RawWireShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.