AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-07-13 21:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, South Korea, Technology & AI, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
--------------------------------------------------------------------
Snippet:
SK Hynix shares suffered their steepest decline on record in Seoul following Friday's blockbuster ADR debut in New York. The sell-off spread across South Korea's memory and data storage stocks, helping to drive the benchmark KOSPI down as much as 9% and triggering a 20-minute market-wide trading halt.
--------------------------------------------------------------------