#KOSPIHitsCircuitBreaker

About KOSPIHitsCircuitBreaker

South Korea’s KOSPI fell over 8% in early trading on Nov 6, briefly slipping below 5,000 and triggering its 11th Level 1 circuit breaker this year, halting trading for 20 minutes. Samsung Electronics and SK Hynix plunged, while tech stocks in Japan and elsewhere in Asia also weakened. The selloff followed steep US AI and chip stock losses, as concerns over AI data center regulation and returns on heavy capital spending spread to Asian markets.