Korean Stocks
- SK Hynix Shares Pull Back After Nasdaq ADR Debut
SK Hynix's Korean-listed stock fell sharply after its American depositary receipts began trading on the Nasdaq, even as demand for the new listing ran strong.
- KOSPI Plunges 8.95% to 6,806 as Chip Selloff Shatters 7,000 Line
South Korea's KOSPI crashed 8.95% to close at 6,806 on July 13, breaking below 7,000 and triggering circuit breakers amid a semiconductor-led rout.
- Korean Brokerages Cut E-Mart and Hanwha Aerospace Targets on Q2 Doubts
Korea Investment & Securities and KB Securities lowered targets on E-Mart and Hanwha Aerospace on July 10, expecting second-quarter profit to miss forecasts.
- Samsung and SK Hynix Sell-Off Reopens the KOSPI Peak Debate
Sharp declines in Samsung and SK Hynix have investors asking whether the KOSPI's memory-led rally has topped out. Here is what the numbers show.
- KOSPI Tumbles 5% to the 7,200 Line as KOSDAQ Sinks in Tandem
South Korea's benchmark KOSPI fell about 5% to the 7,200 level while the KOSDAQ dropped more than 5%, marking a sharp broad-based selloff across both boards.
- KOSPI Snaps Back 5.76%, Reclaims 8,000 as Chip Giants Lead Rebound
KOSPI rebounded 5.76% to reclaim the 8,000 mark one day after a steep sell-off, driven by 8%-plus gains in Samsung Electronics and SK Hynix.