Japanese and Taiwanese shares recovered on Monday after last week’s AI-driven sell-off, but South Korea’s reversal highlighted fragile investor confidence.
South Korea's KOSPI fell 7.57 percent and Japan's Nikkei lost 4.9 percent as traders dumped chip and AI stocks, even after TSMC beat forecasts and Apple closed at a record. Whether rates or valuations drove the selling is the question
South Korea's KOSPI plunged roughly 16% over two sessions on July 29-30, erasing $2.18 trillion in market value, as leveraged ETF products turned an SK Hynix earnings miss into a national financial
Over 1.2 million South Korean margin accounts hit call thresholds in July as the KOSPI's violent swings exposed a leveraged retail market. Some 360,000 accounts were liquidated; regulators banned new single-stock leveraged
SoftBank tumbled 10% after its $6 billion OpenAI margin loan talks collapsed, while Japan's PPI surged 6.3%, South Korea's KOSPI shed another 4.5%, and China's CPI-PPI divergence deepened — four simultaneous cracks
South Korea's KOSPI plunged 8.29 percent and tripped its circuit breaker on Monday as three simultaneous shocks — Iran's missile strike on Israel, Broadcom's AI guidance miss, and a blowout US jobs
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