KOSPI

EM stocks slide as Asian chip selloff exposes index risk

Emerging-market equities retreated this week as South Korea's Kospi extended a punishing selloff and Asian semiconductor stocks cooled, dragging the MSCI Emerging Markets Index lower from a three-week high. The decline laid bare the risks of an index increasingly dominated…

Memory chip stocks slide as Friday’s Korean rally unravels

Memory chip stocks fell sharply in pre-market trading on Monday, led by Micron Technology, which dropped 4.2% to trade near $788, losing the $800 level again. The decline came as investors questioned whether Friday's historic rebound in South Korean markets…

Banks use exotic ‘crash puts’ to shed leveraged ETF risk

Banks are turning to obscure derivatives known as "crash puts" to shed exposure accumulated from the explosive growth of leveraged exchange-traded funds, according to a report by Bloomberg. The instruments, which pay out in the event of an extreme market…

Kospi surges in record rebound as AI chip stocks rally across Asia

Asian markets staged one of their most dramatic recoveries in years on Friday, July 31, as investors rushed back into semiconductor and artificial intelligence stocks after blockbuster earnings from U.S. tech giants eased fears over the sustainability of AI infrastructure…

Kospi triggers circuit breaker as China chip fears roil markets

A pair of developments out of China this week sent shockwaves through global semiconductor stocks: the blockbuster debut of memory chipmaker ChangXin Memory Technologies on the Shanghai Stock Exchange and reports that a state-backed firm has begun mass-producing domestic immersion…

Global funds dump Korean chips, cover Hong Kong shorts

A dramatic unwinding of one of Asia's most popular pairs trades is reshaping capital flows across the region, as global funds dump South Korean semiconductor stocks and rush to cover short positions in Hong Kong-listed technology names. The shift marks…

Hang Seng hits two-month high as Hong Kong bucks Asia chip rout

Hong Kong's Hang Seng Index rose nearly 2 percent on Wednesday to close at 25,807, its highest level in almost two months, as the city's internet-heavy market diverged sharply from a brutal selloff in semiconductor stocks across the rest of…

Nikkei 225 falls as Asian chip selloff deepens

Japan's Nikkei 225 closed at 61,434.19 on Wednesday, shedding 930.73 points, or 1.49%, as a punishing selloff in South Korean semiconductor stocks spilled into Tokyo and other regional markets. The decline pushed the index below the 62,000 level amid deepening…

Kospi plunges 10% as chip selloff spreads globally

A sweeping selloff in semiconductor stocks cascaded from Asia to the United States on Tuesday, as investors questioned the sustainability of the AI-driven chip boom and reacted to the emergence of a major new Chinese competitor in memory chips.

KOSPI drops over 4% as oil spike, chip selloff rattle Asia

South Korea's Kospi tumbled 4.46% on Monday to close at 6,516.27, its lowest level since late April, as escalating U.S.-Iran tensions pushed crude oil prices above $90 per barrel and investors continued to unload semiconductor stocks. The tech-heavy Kosdaq fell…

Shanghai Composite rebounds after steepest weekly drop in months

China's Shanghai Composite Index clawed back some ground on Monday, rising 0.85% to close at around 3,796 points after enduring its steepest weekly decline in months. The partial recovery followed a punishing week in which the benchmark shed 5.81% —…

Wall Street chip stocks swing higher as Kospi extends brutal AI selloff

Wall Street pointed higher on Monday as semiconductor stocks swung back upward after a punishing stretch that wiped trillions of dollars from the sector. S&P 500 futures rose 0.6% and Nasdaq futures jumped 1.1% in early trading, with Nvidia gaining…

KOSPI sinks while Hong Kong rallies as AI rotation reshapes Asian markets

Asian markets diverged sharply on Monday as investors rotated out of South Korea's battered semiconductor stocks and into Chinese technology names, sending the Kospi to fresh lows while Hong Kong's Hang Seng Index posted its best session in weeks.

U.S. chip stocks plummet, raising pressure on Asian markets ahead of TSMC earnings

U.S. semiconductor stocks plummeted on Wednesday, July 15, dragging major indexes lower and raising the prospect of renewed selling in Asian markets when they open Thursday — the latest episode in a months-long pattern of sharp swings tied to the…

KOSPI plunges nearly 9% as chip rout and Hormuz crisis collide

South Korea's benchmark Kospi plunged 8.95% on Monday, shedding 669 points to close at 6,806.93 and falling below the 7,000-point mark for the first time in more than two months. The crash, which analysts are calling a "Black Monday" selloff,…

Arm shares slide as KOSPI crashes nearly 9% in deepening chip rout

Arm Holdings shares fell sharply on Monday as a brutal semiconductor sell-off swept global markets, with South Korea's Kospi index plunging nearly 9% in its steepest single-day decline in months. The drop adds to weeks of turbulent trading for high-valuation…

South Korea, Japan stocks surge as chip shares rebound

Markets across Japan and South Korea opened sharply higher on Thursday, July 9, snapping a three-day losing streak as investors moved to scoop up beaten-down semiconductor stocks following a punishing sell-off earlier in the week.

South Korea’s KOSPI enters bear market, dragging global chip stocks down

Nvidia has seen its market capitalization fall by approximately $1 trillion from its June peak, as a confluence of factors — a liquidity crisis in South Korea, reports of a delay to a key product, and broader semiconductor sector pressure…

SK Hynix leveraged ETF reshapes global chip stock volatility

A leveraged exchange-traded fund tracking SK Hynix has grown so large and so fast that it is now mechanically amplifying volatility across South Korean and global technology stocks, raising alarms among regulators, analysts, and even the fund's own management.

Goldman Sachs warns Korea-driven leverage is pushing global markets toward crisis

Goldman Sachs The Goldman Sachs Group, Inc. has warned that leveraged demand from Asia — centered on South Korea — has pushed financing rates for S&P 500 total return futures to historic highs, with dealer balance sheets approaching saturation at…

KOSPI plunges again, triggering circuit breaker amid Asia tech rout

South Korea's Kospi tumbled as much as 9% on Friday, prompting the Korea Exchange to suspend trading for the second time this week, as a cascade of concerns over rising component costs and the outlook for AI investment sent shockwaves…