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Asian shares slip and South Korea’s Kospi index sinks 11% on heavy selling of chipmaking stocks
South Korea’s Kospi index fell 11% due to heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by fears of an AI market bubble and competition from Chinese firms. Asian markets broadly declined, with concerns over China’s progress in chipmaking tools and CXMT’s record IPO amplifying investor anxiety.
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- South Korea’s Kospi index sinks more than 10% on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- South Korea’s Kospi index sinks more than 9%, triggering a trading halt, on heavy selling of chipmaking stocks
- South Korea’s Kospi index sinks more than 10% on heavy selling of chipmaking stocks