Korea Stock Market Halted: KOSPI Tumbles 8% On Chip Sell-Off And Fed Fears

SK Hynix Becomes Kioxia’s Largest Shareholder With 14.19% Stake

The post Korea Stock Market Halted: KOSPI Tumbles 8% On Chip Sell-Off And Fed Fears appeared first on Coinpedia Fintech News

South Korea’s KOSPI fell as much as 8% on Thursday, triggering a circuit breaker that halted trading at midday, according to market posts on X. Chipmakers Samsung Electronics and SK Hynix led the losses with declines of 9% to 11%. The drop wiped out the index’s gains since its June peak and extended its longest …

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