South Korea’s Kospi dives more than 5%, SK hynix down 10%

South Korea’s Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment boom worries. The Kospi index plunged over five percent in early trading sessions. Chip giant SK Hynix saw its shares dive more than ten percent. This occurred even after its US shares soared on Friday’s debut.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Leave a Reply

Your email address will not be published. Required fields are marked *