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Shanghai STAR exchange

Coverage of Shanghai STAR exchange in the Nexus archive.

Earliest in view: Jul 28 · 05:53 UTCMost recent: Jul 28 · 05:53 UTC

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BUSINESSJul 28 · 05:53 UTCAP NEWS
Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
South Korea’s Kospi index fell over 10% due to heavy selling of chipmaking stocks like Samsung Electronics and SK Hynix, driven by concerns over competition from Chinese AI startups. Asian markets broadly declined, with the Nikkei 225 and Taiex dropping 4% and 3.9% respectively, while oil prices fell amid reduced U.S.-Iran tensions.